Group 1: Guarantee Announcement - The company provided a guarantee of 67 million RMB for its subsidiary, Dandong Huanghai Automobile Co., Ltd., which has a debt-to-asset ratio exceeding 70% as of December 31, 2024 [2][3][4] - The total guarantee amount provided by the company and its subsidiaries to Huanghai Automobile is 320 million RMB, with a remaining debt balance of approximately 278.42 million RMB [2][4][14] - The company has no overdue guarantees as of the announcement date [3][14] Group 2: Financial Overview of Dandong Huanghai Automobile - Dandong Huanghai Automobile has total assets of approximately 1.88 billion RMB and total liabilities of approximately 2.04 billion RMB, resulting in a negative net asset of approximately -163.51 million RMB as of December 31, 2024 [10] - The company reported a revenue of approximately 367.29 million RMB and a net loss of approximately -185.75 million RMB for the year 2024 [10] Group 3: Performance Forecast - The company expects a net loss of between -125 million RMB and -150 million RMB for the first half of 2025, continuing the trend of losses compared to the previous year [19][21] - The expected net loss after excluding non-recurring gains and losses is projected to be between -126 million RMB and -151 million RMB [19][21] - The primary reason for the anticipated loss is insufficient production and sales volume in the automotive sector, leading to an inability to cover fixed costs [25]