Core Viewpoint - Guizhou Tyre's major shareholder, Guiyang Industrial Investment Co., Ltd., has committed to not reducing its stake in the company for the next year, signaling confidence in the company's future development and stability [1] Shareholder Commitment - Guiyang Industrial Investment has pledged not to sell any shares of Guizhou Tyre for twelve months starting from September 1, 2025, including any new shares generated from capital reserves or stock dividends [1] - Two months prior, Guiyang Industrial Investment completed a share buyback plan, investing nearly 100 million yuan [1] Share Buyback Details - On May 11, 2025, Guizhou Tyre announced a buyback plan, with Guiyang Industrial Investment intending to purchase between 50 million yuan and 100 million yuan worth of shares within six months [1] - By June 26, 2025, the buyback was completed, with a total of 22.11 million shares acquired, representing 1.42% of the total share capital, for a total investment of approximately 99.99 million yuan [1] Company Performance Overview - As of September 1, 2025, Guiyang Industrial Investment holds approximately 341 million shares of Guizhou Tyre, accounting for 21.91% of the total share capital [3] - Guizhou Tyre, established in 1958, specializes in the research, production, and sales of tires, being one of the most comprehensive commercial tire manufacturers in China [3] Financial Performance - In 2024, Guizhou Tyre achieved a revenue of 10.691 billion yuan, marking an 11.35% year-on-year increase, but its net profit attributable to shareholders fell by 26.08% to 615 million yuan [3] - For the first half of 2025, the company reported a revenue of 5.193 billion yuan, a slight increase of 0.36% year-on-year, while the net profit dropped by 41.75% to 249 million yuan, continuing the trend of increasing revenue but declining profits [3] - Tire production in the first half of 2025 was 4.5981 million units, down 4.46% year-on-year, and tire sales were 4.6262 million units, a decrease of 1.94% compared to the previous year [3] Cash Flow Improvement - Despite the decline in profits, Guizhou Tyre's operating cash flow significantly improved, with a net cash flow of 87.07 million yuan in the first half of 2025, compared to a negative 186 million yuan in the same period last year, representing a growth of 146.80% [4]