Core Viewpoint - Guilin Fuda Co., Ltd. has completed the registration capital change and obtained a new business license following a reduction in registered capital due to the failure to meet performance targets in the 2024 restricted stock incentive plan [1][2]. Group 1: Capital Reduction and Corporate Changes - The company held a board meeting on November 26, 2025, where it approved a proposal to reduce registered capital and amend the Articles of Association [1]. - The registered capital was reduced by 558,000 yuan, from 646,208,651 yuan to 645,650,651 yuan, and the total share capital decreased from 646,208,651 shares to 645,650,651 shares [1]. - The reduction was due to the cancellation of 558,000 restricted shares following the resignation of two incentive plan participants and unmet performance targets [1]. Group 2: Business License and Company Information - On December 16, 2025, the company completed the registration capital change procedures and received a new business license from the Guilin Big Data and Administrative Approval Bureau [2]. - The updated company registration details include a registered capital of 645,656,551 yuan, and it operates as a listed other joint-stock company [2]. - The company is involved in the research, production, and sales of automotive parts and systems, as well as providing technical and business services [2].