Core Viewpoint - The transaction involving Shanghai Rijing and Automotive Electronics is completed, enhancing the company's focus on its core business and improving asset utilization and profitability [1] Group 1: Transaction Details - Shanghai Rijing has completed the registration for foreign direct investment (FDI) and submitted the necessary materials [1] - The FDI registration certificate was obtained on February 5, 2026, allowing for the initiation of foreign settlement procedures [1] - The total transaction amount of 10,363.154 million yuan has been transferred to the Automotive Electronics account [1] Group 2: Financial Impact - The transaction is expected to increase the company's total profit by approximately 790 million yuan [1] - This will have a positive impact on the company's financial status and operating results for the year 2026 [1] - The final impact will be confirmed based on the audited financial statements [1]

Core Viewpoint - The company Feilo Acoustics (600651.SH) is focusing on its core business by divesting a 20% stake in its joint venture Shanghai Rijing Instrument Co., Ltd. to enhance asset liquidity and profitability [1] Group 1 - Feilo Acoustics' wholly-owned subsidiary, Shanghai Yidian Automotive Electronics System Co., Ltd., plans to transfer its 20% stake in Shanghai Rijing through a public listing on the Shanghai United Assets and Equity Exchange [1] - The initial listing price for the stake is set at 104 million yuan [1]