PRESS RELEASE: Regarding false content spread on social networks related to GELEX Group Corporation

According to the information announcement on August 12, 2024, GELEX owns 174.6 million shares, equivalent to 10% of the charter capital of Eximbank - a major shareholder of this bank. Currently, GELEX has not nominated any capital representatives to join the Board of Directors or Executive Board at Eximbank. GELEX complies with the rights and obligations of a common shareholder as prescribed by the Law on Credit Institutions, the Law on Enterprises and the Charter of Eximbank.

In relation to VIX Securities Company, in 2022, Mr. Nguyen Van Tuan divested all shares. VIX Securities is also not a member company of the GELEX Group system. Therefore, we strongly oppose false information and the act of spreading false information on social networks. This is an act of slander aimed at defaming the reputation of the Group in general and Mr. Nguyen Van Tuan - Member of the Board of Directors, General Director of GELEX Group in particular. This seriously affects the image, brand, and reputation of the Group; the psychology of investors and customers as well as infringes on the rights of the Company's shareholders. We will work with the authorities to verify the origin of the document as well as coordinate to resolve related issues, in order to protect the rights and legitimate interests of GELEX Group in general and shareholders and investors in particular. GELEX Group recommends that investors be cautious of false rumors and have complete, objective and accurate assessments of business operations. Official information will be fully provided on the official website of GELEX Group at: gelex.vn. GELEX was established in 1990, investing mainly in two areas: electrical equipment manufacturing and infrastructure. In addition to effective investment strategies, GELEX has offered flexible solutions in the context of many market fluctuations. Recently, GELEX has implemented many activities to strengthen internal strength, manage risks in parallel with social responsibility activities.

Source: https://gelex.vn/tin-tuc/tin-tuc-su-kien/thong-cao-bao-chi.html