GEMAC: The cumulative deviation value of the closing price increase of the stock has exceeded 30% for two consecutive trading days

GEMAC announced that the cumulative price deviation of the company's stock closing price has exceeded 30% over the past two trading days. The company's board of directors has verified the relevant matters with the company and its controlling shareholders. There are no corrections or supplements needed for the information previously disclosed by the company. Recently, the company has not found any public media reports of undisclosed significant information that may or has had a substantial impact on the company's stock trading price. However, it has noted that some media reported on the formal establishment of Xinjiang Railway Co., Ltd., which is wholly owned by China National Railway Group Co., Ltd. Currently, the company has not yet engaged in related business with Xinjiang Railway Co., Ltd., and it is expected that this matter will have a limited impact on the company's recent operating performance. The company is currently operating normally, and there have been no significant changes in the company's operating conditions or the internal and external operating environment recently