On the afternoon of December 13, it was exclusively reported by Sina Technology that, regarding the recent series of issues faced by Extreme Automobile due to operational difficulties, the two major shareholders Baidu and Geely Automobile have reached a consensus and jointly stated: as shareholders, they will actively assist the management of Jidu in properly handling related matters: promptly address employee social security payment, compensation issues for resigned employees; ensure the normal use of user vehicles, after-sales, and maintenance; promote reasonable and legal resolutions for other matters. It was reported that Geely and Baidu completed the transfer process internally on the night of the 12th, paying social security for November for Extreme Automobile employees. It is understood that Jidu Automobile Co., Ltd. is a startup company established by Geely Holdings and Baidu Holdings as a new force in car manufacturing and is an innovative product exploring the intelligent transformation of Autos. Extreme Automobile products are manufactured by Geely factories and exclusively operated by Jidu. Due to significant changes in the competitive landscape of the Industry, the established business plan could not be executed, and operations faced challenges. (Sina Technology)