Company Formation - Yixing Jitai Automobile Sales Service Co., Ltd. has been established with a registered capital of 5 million RMB [1] - The legal representative of the company is Su Jianyu [1] - Shareholding structure includes Jiangsu Tianzi Automobile Group Co., Ltd. holding 51% and Wuxi Commercial Building Group Dongfang Automobile Co., Ltd. holding 49% [1] Business Scope - The company’s business activities include automobile sales, retail of auto parts, sales of battery parts, sales of new energy vehicles, and sales of new energy vehicle accessories [1] - Additional services include electric vehicle charging infrastructure operation, sales of charging piles, vehicle repair and maintenance, battery sales, tire sales, and second-hand car brokerage [1] - The company also engages in various retail activities such as household appliances, toys, audio equipment, and office supplies [1] Industry Classification - The company is classified under the national standard industry of resident services, repair, and other service industries, specifically in the category of motor vehicle, electronic products, and daily product repair [1] - The business address is located at 1001 Yangquan West Road, Yixing City [1] - The company is registered as a limited liability company with an operating period until July 23, 2025, with no fixed term thereafter [1]

Company Overview - Huangshi Yuxin Automobile Sales Service Co., Ltd. has been established with a registered capital of 7.5 million RMB [1] - The legal representative is Lin Wuhong, and the company is wholly owned by Wuhan Yuxin Automobile Sales Service Co., Ltd. [1] Business Scope - The company engages in various activities including automobile sales, vehicle repair and maintenance, new energy vehicle sales, and electric vehicle sales [1] - Additional services include wholesale and retail of auto parts, towing and rescue services, and sales of automotive decoration products [1] - The company also focuses on the recycling and secondary utilization of used power batteries from new energy vehicles, as well as the sale and operation of electric vehicle charging infrastructure [1] Corporate Structure - The company is classified as a limited liability company with natural person investment or control [1] - It operates under the jurisdiction of Huangshi Economic and Technological Development Zone, Tieshan District Market Supervision Administration [1]

Group 1 - The U.S. House of Representatives is holding a hearing today on vehicle safety and autonomous vehicles [1]

Group 1 - Canada's trade deficit with the world surged from 2.3 billion CAD in March to approximately 7.1 billion CAD in April, marking the largest deficit on record [1] - Total goods and services trade deficit reached about 7.5 billion CAD in April [1] - Canadian goods exports fell to approximately 60.4 billion CAD in April, representing a 10.8% month-over-month decline, the largest drop in five years [1] Group 2 - Major declines in goods exports were observed in motor vehicles and parts, consumer goods, and energy products, with motor vehicle exports decreasing by 17.4% and passenger car and light truck exports dropping by 22.9% [1] - Consumer goods exports fell by 15.4% to 7 billion CAD, the lowest level since December 2023 [1] - Energy product exports have declined for the third consecutive month due to decreased demand amid economic uncertainty [1] Group 3 - In April, Canada's total goods imports decreased by 3.5% to approximately 67.6 billion CAD, with significant declines in motor vehicles and parts, industrial machinery, and consumer goods [1] - However, imports of unrefined gold, silver, and platinum group metals saw a substantial increase [1] Group 4 - Exports to the U.S. decreased by 15.7% in April, marking the third consecutive month of decline, while imports from the U.S. also fell by 10.8% [2] - The trade surplus with the U.S. narrowed to 3.6 billion CAD, the smallest surplus since December 2020 [2] - Exports to countries outside the U.S. increased by 2.9%, with the largest growth seen in exports to China, the UK, Algeria, and Brazil [2] Group 5 - Imports from countries outside the U.S. rose by 8.3% to a record 29 billion CAD, with total goods trade with non-U.S. countries reaching 47.3 billion CAD, also a monthly historical high [2] - The international services trade deficit narrowed from 500 million CAD in March to approximately 300 million CAD in April, with both service imports and exports declining slightly [2]

Core Viewpoint - A new company, Jinzhou Zunrong Wanshun Automobile Sales Co., Ltd., has been established with a registered capital of 5 million RMB, focusing on various automotive sales and services, particularly in the electric vehicle sector [1]. Company Summary - Company Name: Jinzhou Zunrong Wanshun Automobile Sales Co., Ltd. [1] - Legal Representative: Kong Fanhe [1] - Registered Capital: 5 million RMB [1] - Shareholder: Shenzhen Zunrong Commercial Management Co., Ltd. (100% ownership) [1] - Business Scope: Includes automobile sales, new energy vehicle sales, second-hand vehicle brokerage, vehicle maintenance, charging infrastructure operations, and various sales of automotive and electronic products [1]. Industry Summary - Industry Classification: Resident services, repair, and other service industries, specifically focusing on vehicle and electronic product repairs [1]. - Location: Jinzhou, Liaoning Province, China [1]. - Business Duration: Until May 14, 2025, with no fixed term thereafter [1].