Core Viewpoint - Autozi Internet Technology (Global) Ltd. has received a notification from Nasdaq indicating non-compliance with the minimum Market Value of Listed Securities (MVLS) requirement of US$50 million, with a compliance period of 180 days to rectify this issue [1]. Group 1: Company Overview - Autozi is a leading and rapidly growing lifecycle automotive service and supply-chain technology platform in China, founded in 2010 [2]. - The company provides a wide range of high-quality and cost-effective automotive products and services through both online and offline channels across the country [2]. - Autozi utilizes an advanced supply chain cloud platform and SaaS solutions to create an integrated ecosystem that enhances collaboration and efficiency within the automotive industry [2]. Group 2: Nasdaq Compliance Notification - The notification from Nasdaq, dated March 25, 2026, states that Autozi's MVLS has not met the minimum requirement for 30 consecutive business days from February 10, 2026, to March 24, 2026 [1]. - The company has until September 21, 2026, to regain compliance by achieving an MVLS of US$50 million or more for at least ten consecutive business days [1]. - If compliance is not achieved by the end of the compliance period, Autozi will receive a notification regarding the potential delisting of its securities, although the current notification does not affect the listing and trading of its securities [1].

Core Viewpoint - Autozi Internet Technology (Global) Ltd. has received a notification from Nasdaq indicating non-compliance with the minimum Market Value of Listed Securities (MVLS) of US$50,000,000, with a compliance period of 180 days to regain compliance [1] Group 1: Company Overview - Autozi is a fast-growing automotive service and technology platform in China, founded in 2010 [2] - The company offers a wide range of high-quality, cost-effective automotive products and services through both online and offline channels across the nation [2] - Autozi utilizes an advanced supply chain cloud platform and SaaS solutions to create an integrated ecosystem that enhances collaboration and efficiency in the automotive supply chain [2] Group 2: Nasdaq Compliance Notification - The notification from Nasdaq, dated March 25, 2026, states that Autozi's MVLS has not met the minimum requirement for 30 consecutive business days from February 10, 2026, to March 24, 2026 [1] - Autozi has until September 21, 2026, to regain compliance, and if the MVLS reaches US$50,000,000 for at least ten consecutive business days during this period, compliance will be achieved [1] - Failure to regain compliance before the end of the compliance period will result in a written notification regarding potential delisting of the company's securities [1]

Group 1 - The article discusses the opening ceremony of the sixth joint session of the "Giant Wave" and "Ling Xuan" programs at Xuanyuan Tongxue, emphasizing the importance of community and shared learning among participants [3][4]. - Xuanyuan Tongxue, originally named "Xuanyuan University," has undergone two name changes since its inception in March 2020, reflecting its evolving mission to foster collaboration and learning in the automotive industry [4]. - The event featured testimonials from alumni who shared their experiences and the impact of the program on their professional lives, highlighting the supportive network formed among participants [6][8][11]. Group 2 - The article highlights the diverse backgrounds of the new cohort, which includes individuals from various levels of the automotive supply chain, showcasing a microcosm of the Chinese automotive industry's evolution [23][46]. - The mission of Xuanyuan Tongxue is to "achieve new automotive professionals," aiming to equip participants with the skills and knowledge to thrive in a rapidly changing industry [26]. - The vision is described as "evolved individuals, beautiful cars," emphasizing the need for high-quality design and craftsmanship in the automotive sector [27]. Group 3 - The values of Xuanyuan Tongxue are articulated as "extreme, symbiosis, leading," with a focus on high standards and collaborative growth among participants [29]. - The article mentions the platform's value proposition, which includes innovation, connection, and transformation, aiming to facilitate personal and professional growth for its members [29]. - The event concluded with a creative session where participants expressed their understanding of the program's ethos through collaborative artwork, symbolizing their collective journey and aspirations [48][62].

Group 1 - Vanguard Consumer Discretionary ETF (VCR) is down nearly 9% year-to-date, with a significant portion of its portfolio (approximately 40%) concentrated in Amazon and Tesla, which behave more like technology stocks than traditional retail [2][6][8] - VCR tracks the consumer discretionary sector, providing exposure to companies reliant on consumer spending, with a focus on capital appreciation rather than income generation, as indicated by its low dividend yield of 0.7% [3][4] - The fund has delivered a strong long-term return of 230% over the past ten years, but recent performance has been negatively impacted by declines in Amazon (down 10% year-to-date) and Tesla (down 17% year-to-date) [7][8] Group 2 - The fund's concentration risk, particularly with Tesla's 16.6% weight, exposes it to technology volatility rather than the intended consumer discretionary cyclicality, raising concerns about its diversification [8] - Other holdings like TJX have performed well, with a nearly 3% increase year-to-date, while Home Depot has faced challenges, down about 4% year-to-date due to a sluggish housing market [7][8]

Cybersecurity Sector - Cybersecurity stocks experienced a decline due to concerns over a new AI model called Claude Mythos being tested by Anthropic, which could disrupt traditional cyber defense companies [2] - Major companies like Crowdstrike, PaloAlto Network, Zcaler, and Data Dog saw their stock prices drop as a result of these fears [2] Luxury Market - The ongoing conflict in the Middle East has led to a significant loss of nearly $100 billion in market value from global luxury stocks, with LVMH and Hermes each losing over $40 billion [3][4] - Analysts predict that sales in the Middle East, a rapidly growing luxury market, could decline by as much as 50% in a worst-case scenario due to reduced travel and consumer demand [4] - Luxury car manufacturers such as Bentley and Maserati have halted deliveries due to security concerns stemming from geopolitical risks [5] Economic Indicators - Consumer sentiment has dropped to its lowest level since December, reflecting concerns about the economy, particularly in the luxury sector [9] - Inflation expectations for the year ahead are rising, reaching the highest levels since April of the previous year, while long-term inflation expectations have decreased [10] - The upcoming March jobs report is anticipated to show modest job gains of 48,000 to 50,000, with the unemployment rate expected to rise to 4.5% [11][12]

Core Viewpoint - A 120-year-old British wheel factory, Moveero, is facing potential closure due to insolvency, putting approximately 250 jobs at risk after its German owners called in administrators [1][3]. Group 1: Company Background - Moveero manufactures wheels, rims, and hubs for off-road vehicles used in farming and construction, with notable customers including JCB and Caterpillar [2]. - The company was established in 1908 and was previously part of GKN's automotive division before being sold to German private equity firm Aurelius in 2020 [2][8]. Group 2: Financial Performance - Moveero reported a loss of £4.4 million in 2024, with sales declining by 26% to £32.6 million [4]. Group 3: Operational Challenges - The company has been facing significant operational challenges, including weak demand for its products and intense competition [3]. - Rising interest rates have made it more difficult for farmers and construction companies to purchase heavy equipment, compounded by trade tariffs on imports from countries like the US and China [3]. Group 4: Current Situation and Future Prospects - Administrators from Interpath have been appointed to manage the UK arm of Moveero, aiming to protect creditor interests while seeking buyers for the business and its assets [5]. - The wider Moveero group, which includes operations in the US and Denmark, remains profitable and is not insolvent [5]. - Emergency funding from customers has provided the company with additional time to explore available options [6].

Group 1: Executive Appointments - Kieran Kelliher has been appointed as the chief financial officer of the Dallas Mavericks, previously serving as vice president of finance and administration at the Chicago Bulls for 12 years [2] - Lee Quackenbush has been named chief financial officer of Cox Farms, having led the Value Creation program at Mars during its $36 billion acquisition of Kellanova [3] - Brittany Cerwin has been promoted to finance chief at Middleby, previously serving as chief accounting officer since May 2023 [4] - Chelsea Lantz has been appointed interim CFO of Nu Skin Enterprises, replacing James Thomas who stepped down after 15 years [5] - Phyllis Nordstrom will continue as the permanent chief financial officer of 3D Systems after serving as interim CFO since August 2025 [6] Group 2: Background and Experience - Kieran Kelliher has a background in finance and administration, having also led efforts for the 2020 NBA All-Star Game and the launch of the Windy City Bulls [2] - Lee Quackenbush has extensive experience in finance, having previously worked at General Motors and led finance at Spreetail before joining Mars [3] - Brittany Cerwin has been with Middleby since 2011 and has experience as an auditor at Grant Thornton [4] - Chelsea Lantz joined Nu Skin in 2011 and has experience in internal audit and financial controls from her time at PricewaterhouseCoopers [5] - Phyllis Nordstrom has held senior roles at MTS Systems, PricewaterhouseCoopers, Target, and U.S. Bank prior to her current position [6]

Core Viewpoint - Stellantis is facing a payment dispute with its supplier ZF Chassis Modules, which has resulted in the shutdown of a Mexican factory since March 14 [1] Group 1 - The payment dispute has led to operational disruptions for Stellantis [1] - The affected factory in Mexico has been non-operational since mid-March [1]

Xiaomi (1810.HK) Earnings Call Summary Company Overview - Xiaomi is recognized as the world's first Internet mindset phone maker, expanding its product portfolio to include smartphones, IoT devices, lifestyle products, home appliances, and electric vehicles (EV) [23][24]. Key Financial Highlights - **4Q25 Performance**: - Revenue: Rmb116.9 billion, up 3% QoQ and 7% YoY, exceeding estimates by 3% and 1% respectively [2][10]. - Gross Margin: 20.8%, down 2.1 percentage points QoQ but up 0.2 percentage points YoY, below estimates by 0.5 and 0.1 percentage points [2][10]. - Operating Profit: Rmb3.19 billion, down 45% YoY, significantly below estimates by 25% and 49% [2][10]. - Adjusted Net Income: Rmb6.3 billion, down 44% QoQ and 24% YoY, but 18% and 10% above estimates [2][10]. Segment Performance - **Smartphone Segment**: - Gross Margin: 8.3%, down 2.8 percentage points QoQ and 3.8 percentage points YoY [2]. - **IoT Segment**: - Gross Margin: 20.1%, down 3.8 percentage points QoQ and 0.4 percentage points YoY [2]. - **Internet Services**: - Gross Margin: 76.8%, slightly down QoQ but up YoY [2]. - **EV and New Initiatives**: - Gross Margin: 22.7%, down 2.7 percentage points QoQ [2]. Management Guidance and Strategic Initiatives - **R&D Investment**: Expected to exceed Rmb40 billion in 2026, with an AI investment budget of Rmb16 billion [1][11]. - **EV Shipments**: Management reiterated a target of 550,000 EV shipments in 2026, with plans to increase to 800,000 in 2027 and 950,000 in 2028 [1][12]. - **Smartphone Shipments**: Revised estimates for 2026/27/28E are 138 million, 143 million, and 150 million respectively, with gross margins projected at 7.5%, 8.2%, and 9.5% [1][11]. - **Pricing Strategy**: Higher product pricing is anticipated due to memory price pressures, although Xiaomi aims to maintain market share [1][11]. Market Outlook and Valuation - **Target Price**: Adjusted to HK$40 from HK$42, based on a sum-of-the-parts (SOTP) valuation [1][9][25]. - **Market Capitalization**: Approximately HK$847.5 billion [5]. - **Investment Rating**: Rated as "Buy" due to long-term growth potential in EV and IoT markets, especially overseas from 2027 [24][25]. Risks and Challenges - **Competition**: Increased competition in the smartphone market could hinder market share gains [26]. - **Cost Pressures**: Rising expenses related to new store expansions and memory price hikes could impact profitability [26]. - **Interest Rates**: Quick rising interest rates may lead to a de-rating of the stock [26]. Conclusion - Xiaomi's performance in 4Q25 shows resilience despite challenges, with strategic investments in R&D and AI positioning the company for future growth. The adjusted target price reflects cautious optimism amid competitive pressures and cost challenges.

As filed with the U.S. Securities and Exchange Commission on March 25, 2026. Registration No. 333-293559 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _________________________ NewHold Investment Corp IV (Exact name of registrant as specified in its charter) _________________________ | Cayman Islands | 6770 | N/A | | --- | --- | --- | | (State or other jurisdiction of | (Pr ...