Core Viewpoint - Zhongtai Automobile faces significant operational challenges due to the forced dismantling of its T300 vehicle production line, leading to uncertainty in its ongoing business viability [1] Financial Performance - In 2024, Zhongtai Automobile reported total revenue of 558 million yuan, a year-on-year decline of 23.96% [5] - The net profit attributable to shareholders was -1 billion yuan, an increase in loss of 6.82% compared to the previous year [5] - The company sold only 14 vehicles in 2024, a staggering year-on-year decrease of 98.74%, with production volume at 0 vehicles [5] - The company had an inventory of 336 vehicles, slightly down from 350 vehicles in 2023 [5] Asset Impairment - The company disclosed that it recognized asset impairment provisions totaling approximately 1.01 billion yuan, which significantly impacted its net profit for 2024 [6] Stock Market Reaction - Despite the operational difficulties, Zhongtai Automobile's stock surged to a closing price of 2.83 yuan, achieving a market capitalization of 14.27 billion yuan [2][4]