On August 8, 2024, Ningbo Shuanglin Auto Parts (300100.SZ) received inquiries from specific parties on the future handling plan for the automatic transmission sector. The company responded that, because the transmission business is not in line with the development direction of new energy autos, the company plans to reduce the business of this sector and stop new investment plans and new project development; already mass-produced projects will gradually reach end-of-production (EOP) based on customer orders and will also be gradually shut down.