ZOTYE(SZ:000980) 3 6 Ke·2026-01-28 10:09Core Viewpoint - Zhongtai Automobile has repaid approximately 385 million yuan in debts to two banks, fulfilling a settlement agreement and preparing for resumption of operations [1][4][5]. Debt Repayment - The company repaid about 212 million yuan to Bank of China and 173 million yuan to China Construction Bank, totaling approximately 385 million yuan [1]. - The repayment is part of a settlement reached with the banks to avoid forced execution and further asset seizures [5]. New Loan Acquisition - Zhongtai Automobile has secured a 400 million yuan loan from a rural commercial bank, with part of the funds already received [3][4]. - The loan will be used for repaying debts to the banks and supporting the company's resumption of production [6]. Current Financial Status - The company has an outstanding debt of approximately 209 million yuan, with a significant portion being overdue [11]. - The company reported a net loss of 223 million yuan for the first three quarters of 2025, with an asset-liability ratio of 99.41% [10]. Resumption of Operations - The company is actively recruiting for various positions to prepare for resumption of operations, focusing on electric vehicles and smart connectivity [10]. - Despite the recruitment efforts, the exact timeline for resumption remains uncertain [10]. Future Outlook - The company is expected to continue facing challenges due to over 200 million yuan in overdue debts, which may impact its operational recovery [11]. - Zhongtai Automobile is in discussions with financial institutions to reach a consensus on debt resolution [11].