Gravity Media: Abnormal fluctuations in stock trading; directors have reduced their holdings by 7,000 shares.

Gravity Media announced that the company's stock price had a cumulative deviation of over 20% for three consecutive trading days on July 31, August 3, and August 4, which is considered abnormal volatility. There have been no significant changes in the company's daily operations, core business, or business model, and there is no undisclosed significant information that should be revealed. The company's latest rolling price-to-earnings ratio is 254, higher than the industry average, with turnover rates of 7.64%, 13.90%, and 14.21% for the three trading days, respectively. Additionally, the director and vice president Gu Bin sold 7,000 shares on August 4, while other directors and senior executives have not sold any shares.