On January 24th, GAD disclosed an investor research announcement. The announcement showed that an investor asked during a conference call: "Recently, the company's stock price has plummeted, and there are many online discussions about the company being involved in financial fraud and delisting risks. What is the company's view on this?" In response to the aforementioned investor's question, GAD stated that the company's management attaches great importance to the stock's performance in the secondary market, but the secondary market is inevitably influenced by multiple factors such as the macro environment, industry policies, and market conditions. Regarding the false statements online, the company further clarified that its various operational activities and businesses have been conducted normally, and there are no significant matters that should have been disclosed but were not; currently, the company's controlling shareholder, actual controller, and board of directors and supervisors are all performing their duties normally, and there are no situations involving illegal activities that are under investigation; the company is also not under investigation by the China Securities Regulatory Commission; the company does not face delisting risks