We attended GEX’s AGM in Hanoi on June 18, 2020. Management received questions from investors regarding (1) the impact of COVID-19 on business activities, (2) investment plans in the power and industrial real estate segments (as well as M&A activities), and (3) divestment from the logistics segment. Overall, the company is focusing more on its core businesses: 1) industrial production (electrical equipment & construction materials) and 2) infrastructure (power, water, industrial parks (IPs) and