Ge Weidong's investment has a loss of nearly 40%.

In February this year, Ge Weidong participated in the private placement of Jianghuai Automobile and was allocated 1 billion yuan. In the past few months, the stock price of Jianghuai Automobile has almost halved. According to the latest announcement from Jianghuai Automobile, Ge Weidong and his related parties' positions remain unchanged. However, Ge Weidong participated in the private placement of Jianghuai Automobile at a high price of 49.88 yuan, while the latest stock price is only 30.74 yuan, resulting in a loss of nearly 40% in this investment. In fact, the stock prices of many automobile companies have not performed well recently. In the past few months, Xiaomi Group's stock price has halved from its peak, and Saicense's stock price has fallen by more than sixty percent.