35 interconnection termination and CICC online Bitcoin project cooperation intention

March 4 Evening, 35 interconnection (300051) announcement, the company was previously disclosed in November 2, 2013 and the Fujian Gold Online Network Co., Ltd. ("CICC online") on the implementation of Bitcoin Business Project signed the "Letter of intent to cooperate." At that time, it was suggested that this agreement is only a letter of intent, the specific cooperation between the two sides should be based on the actual situation after consultation to determine the letter of intent without specific quantity and amount of money, will not be the company 2013 and the next year's operating performance has a significant impact. 35 interconnection, said that since the signing of the "Letter of Intent", the company and CICC online after a number of consultations failed to deal with Bitcoin business cooperation projects of specific cooperation and content to reach agreement, the two sides failed to sign formal cooperation agreement. Considering that bitcoin is influenced by macro policy and market factors, the company fully evaluates and analyzes the legal risk and business model of Bitcoin business. After careful study, the company decided to terminate the cooperation with CICC online under the "Letter of Intent" and signed the letter of Intent > Agreement on March 3, 2014 with CICC online. 35 interconnection, said that the "letter of cooperation" did not generate any debt obligations, its termination will not affect the company's production operations and profits.