Group 1: Company Announcements - Shuguang Co. announced the termination of the 2024 private placement of A-shares to specific investors, including the actual controller Liang Zi [2] - The decision to terminate the private placement was made after careful consideration of the external environment and the company's actual situation and development plans [2] - The company received an inquiry letter from the Shanghai Stock Exchange regarding the application for the private placement on July 31, 2025 [2] Group 2: Production and Sales Data - In October 2025, Shuguang Co. produced 6 vehicles, a significant decline of 83.33% compared to 36 vehicles in the same month last year [2] - Cumulative production from January to October 2025 reached 1,693 vehicles, representing a year-on-year decrease of 10.94% [2] - In October 2025, the company sold 108 vehicles, down 56.80% from 250 vehicles sold in the same month last year [2] - Cumulative sales from January to October 2025 totaled 1,349 vehicles, reflecting a year-on-year decrease of 36.04% [2] Group 3: Automotive Parts Industry - In October, the sales of axle components reached 56,053 units, a decline of 44.68% compared to 101,329 units sold in the same month last year [3] - Cumulative sales of axle components from January to October 2025 were 1,064,262 units, showing a year-on-year increase of 52.67% [3] - Sales of new energy vehicle axles in October were 35,198 units, down 43.78% year-on-year, while cumulative sales reached 682,228 units, reflecting a significant increase of 154% [3]