Golden Finance reported that the US SEC issued a statement on certain Proof-of-Work mining activities, and as part of its efforts to provide greater clarity for the application of federal securities laws in the crypto-asset field, the Company's Finance Department expressed its views on certain activities (called "mining") carried out on the Proof-of-Work (PoW) network (called "mining"). The statement specifically involves the mining of crypto assets closely related to the programmatic functions of public, licenseless networks, which are used for participation in or obtained by participation in the consensus mechanism of the network, or for maintenance or for maintenance of the technical operation and security of the network. In this statement, we call these crypto assets “Covered Crypto Assets” and our mining activities on the Proof of Work Network “Protocol Mining”.