# Chinese apparel industry

Chinese Menswear Group Denies Buying Robots from Jack Technology, Quelling Market Rumours

Baoxinio issued a concise investor statement denying that it has purchased robots from Jack Technology, pushing back against circulating market rumours. The clarification illustrates how automation hype and social-media chatter can prompt listed firms to make rapid disclosures to steady investor sentiment. The denial does not preclude future automation projects; it mainly aims to correct the public record and limit speculative market moves.