JXAC(600495)2024-08-23 10:39Group 1: Stock Performance and Investor Relations - The company's stock price has been declining, dropping below 3 yuan, raising concerns about maintaining stock stability [2][3] - The company acknowledges the impact of various factors on stock price and emphasizes the importance of rational investment and risk awareness [3] - The company is committed to improving operational management and enhancing information disclosure quality to align market value with intrinsic value [3] Group 2: Industry Outlook and Company Strategy - The rail transit equipment industry is in a recovery phase, with national policies supporting growth [4] - From January to July, the national railway passenger volume increased by 15% year-on-year, while freight volume saw a slight growth of 0.1% [4] - The company is positioned in the middle of the rail transit equipment supply chain and aims to leverage industry policy developments for future growth [4] Group 3: Financial Performance and Challenges - In the first half of 2024, the company reported losses due to low market demand and order delivery issues [4] - The company is focusing on organizing production and delivery of key products while strictly controlling costs to improve economic performance [4]