On November 5, Jinglan Technology responded to the letter of concern from the Shenzhen Stock Exchange. The announcement stated that it did not believe that there was a selective disclosure of information. Hao Yi Nong did indeed apply the blockchain technology, but it is still a loss-making enterprise, and it is still unable to help Jinglan Technology to reverse the rapid decline in performance. The announcement of Jinglan Technology failed to give specific data on the R&D investment of agricultural technology and the mastery of the core technology of the blockchain in accordance with the requirements of the Shenzhen Stock Exchange. It is reported that Jinglan's net profit in the first three quarters fell 78% year-on-year.