Core Viewpoint - The company has disclosed its third-quarter financial report for 2025, ensuring the accuracy and completeness of the information provided, and has undertaken legal responsibilities for any misrepresentation or omissions [2][20]. Financial Data - The company confirmed that there are no adjustments or restatements required for previous accounting data [4]. - The third-quarter financial report has not been audited [3][14]. - The company reported that there are no non-recurring gains or losses applicable for the period [4]. Shareholder Information - The company has undergone a significant change in its shareholding structure, with a major shareholder planning to transfer 23,015,800 shares, representing 5.32% of the total share capital, although this transfer has since been terminated [7]. Corporate Actions - The company has approved a merger between its subsidiaries to streamline operations and improve efficiency [7]. - The company has initiated a project for urban renewal in Longgang District, which has been approved in its draft form, although the final outcomes and economic benefits remain uncertain [6]. Investment Projects - The company is investing in solid-state battery technology, with a total planned investment of 1.2 billion yuan for a production line project [11]. - Progress has been made in various aspects of the solid-state battery project, including successful customer testing and order acquisition for semi-solid batteries [12]. Governance Changes - An independent director has resigned, which may affect the composition of the board and the required proportion of independent directors [15][16].