Core Viewpoint - Zhongtai Automobile announced the decision to halt the planned disposal of certain idle fixed assets and debt restructuring for its subsidiary, based on operational and strategic development needs [2][4]. Event Review - On September 30, Zhongtai Automobile held a board meeting where it approved a proposal to sell certain idle fixed assets and restructure debts involving its wholly-owned subsidiary, Zhejiang Shenkang Body Automobile Mould Co., Ltd. The plan included selling idle production lines and equipment to creditor Shenzhen Lixun Industrial Co., Ltd. A tripartite debt restructuring agreement was signed, with Zhongtai Automobile agreeing to pay 30.6 million yuan on behalf of Lixun Industrial to offset its debt [3]. Reason for Halting - The decision to stop the disposal and debt restructuring is attributed to the company's operational and strategic development needs. The company stated that this halt would not have a significant impact on its current and future financial status and operational results [4].

Board Meeting Summary - The sixth board meeting of Xi'an Global Printing Co., Ltd. was held on August 11, 2025, with all seven directors present, including two participating via remote voting [1][2] - The board approved the write-off of uncollectible accounts receivable totaling 1.8082 million yuan as of June 30, 2025, to reflect the company's financial status accurately [1][2] Asset Leasing Adjustments - The board agreed to adjust the rental prices for three assets, reducing the annual rent for the first asset from 10.42 million yuan to 8.03 million yuan, and for the second asset from 1.65 million yuan to 1.32 million yuan [3] - The third asset's description was updated to include an office laboratory building, with the total area changing from 7,967.24 square meters to 8,266 square meters, and the annual rent adjusted from 2.66 million yuan to 2.86 million yuan [3] Business Strategy Changes - Due to increased competition and declining revenue in the internet digital marketing sector, the company decided to scale back its operations in this area to focus on its core strategic direction [5][6] - The board proposed to authorize management to handle all matters related to the cessation of the subsidiary's internet digital marketing business, including personnel arrangements and asset management [6] Fixed Asset Disposal - The board approved the public disposal of 13 outdated fixed assets, including printing machines, with the final transaction price to be determined based on actual sales [7][8] - If the initial public offering does not result in a sale, the price will be adjusted downward for a second offering, but it cannot be lower than 90% of the initial price [7] Fund Management - The board approved the temporary use of up to 150 million yuan of idle raised funds to supplement working capital, with a commitment to return the funds to the designated account within 12 months [10][11] - This decision aims to enhance the liquidity of the raised funds while ensuring that the investment projects continue to meet their financial needs [10]