Daishi's business adjustments in China

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Dashi has adjusted its operations in China, including transferring 50% of its stake in Beijing BAIC Dashi Automotive Systems Co., Ltd. to Faurecia CIC, and transferring the majority of its stake in Zhejiang Dashi Automotive Seating Co., Ltd. to Zhejiang Jiafeng, retaining only a 5% stake. Currently, Dashi only retains its automotive seat parts business in China.