Group 1 - The core point of the article is that Wuzhou Xinchun (SH 603667) held its ninth meeting of the fifth board of directors on December 10, 2025, to review the proposal for expected daily related transactions for 2026 [1] - For the year 2024, the revenue composition of Wuzhou Xinchun is as follows: bearings and accessories account for 54.91%, thermal management system components account for 28.87%, automotive parts account for 14.44%, and other businesses account for 1.79% [1] - As of the report date, Wuzhou Xinchun has a market capitalization of 19.6 billion yuan [1]

Group 1 - The controlling shareholder of Wuzhou Xinchun plans to reduce its stake by up to 10 million shares, accounting for 2.73% of the total share capital, to improve financial conditions and reduce operational risks [1] - The company reported that as of the announcement date, the controlling shareholder held approximately 23.36 million unrestricted circulating shares, representing 6.38% of the total share capital [1] - The revenue composition for Wuzhou Xinchun in 2024 is as follows: bearings and components account for 54.91%, thermal management system components for 28.87%, automotive parts for 14.44%, and other businesses for 1.79% [1] Group 2 - The current market capitalization of Wuzhou Xinchun is 16.2 billion yuan [2]