Group 1 - Nissan plans to shut down its vehicle production operations at the Wuhan plant by the end of the fiscal year 2025, which ends on March 31, 2026 [2] - The Wuhan plant, which began operations in 2022, has an annual production capacity of approximately 300,000 units and primarily produces the electric vehicle Ariya and the SUV X-Trail [2] - Nissan's sales in China have been declining, with a 12.2% year-on-year drop in 2024, marking six consecutive years of decline [2] Group 2 - The utilization rate of Nissan's production capacity in China was only 42.1% in 2023, with the actual production at the Wuhan plant being just 11,200 units, resulting in a utilization rate of less than 3.7% [2] - This is not the first adjustment Nissan has made to its production layout in China, as it previously closed the production operations at the Changzhou plant in June of the previous year [3] - If the Wuhan plant successfully ceases operations, Nissan's production bases in China will be reduced from six to four [3]