Huizhou Desay SV Automotive Co., Ltd. Financial Data

	FY ended Dec. 31, 2024	FY ended Dec. 31, 2023	FY ended Dec. 31, 2022
Current assets	16,434.31	13,675.16	10,217.72
Illiquid assets	5,049.01	4,338.93	3,538.38
Total assets	21,483.33	18,014.09	13,756.10
Current liabilities	10,852.81	8,722.68	6,150.97
Illiquid debts	864.98	1,231.27	1,062.37
Total liabilities	11,717.79	9,953.95	7,213.33
Capital	554.96	555.02	555.27
Capital reserve	2,693.55	2,624.04	2,486.21
Profit reserve	277.64	277.64	277.64
Backlog profit	6,064.20	4,525.51	3,283.17
Minority stock holders' equity	122.27	107.85	65.99
Total stockholders' equity	9,765.54	8,060.14	6,542.77
Total Liabilities and shareholders' equity	21,483.33	18,014.09	13,756.10

	FY ended Dec. 31, 2024	FY ended Dec. 31, 2023	FY ended Dec. 31, 2022
Cash flows from operating activities	1,493.51	1,141.04	609.60
Cash flows from investing activities	(1,472.07)	(749.84)	(1,046.05)
Cash flows from financing activities	(427.27)	(273.46)	366.79
Gains (losses) from exchange-rate translation	(6.17)	(21.41)	(22.92)
Increases (decreases) in cash and cash equivalents	(411.99)	96.34	(92.57)
Cash and cash equivalent at the beginning of the term	1,133.16	1,036.82	1,129.40
Cash and cash equivalents at the term-end	721.17	1,133.16	1,036.82

	FY ended Dec. 31, 2024	FY ended Dec. 31, 2023	FY ended Dec. 31, 2022
Current assets	15,879.13	13,241.33	9,952.10
Illiquid assets	4,952.58	4,364.04	3,628.13
Total assets	20,831.71	17,605.37	13,580.23
Current liabilities	10,420.12	8,452.41	6,073.22
Illiquid debts	679.29	1,125.57	960.69
Total liabilities	11,099.41	9,578.08	7,033.91
Capital	554.96	555.02	555.27
Capital reserve	2,689.63	2,620.23	2,476.06
Profit reserve	277.64	277.64	277.64
Backlog profit	6,161.52	4,610.83	3,365.31
Total stockholders' equity	9,732.29	8,027.29	6,546.32
Total Liabilities and shareholders' equity	20,831.71	17,605.37	13,580.23

	FY ended Dec. 31, 2024	FY ended Dec. 31, 2023	FY ended Dec. 31, 2022
Cash flows from operating activities	1,596.71	885.29	554.19
Cash flows from investing activities	(1,433.08)	(647.06)	(1,066.81)
Cash flows from financing activities	(493.96)	(285.40)	382.82
Gains (losses) from exchange-rate translation	1.16	(28.50)	(29.31)
Increases (decreases) in cash and cash equivalents	(329.17)	(75.67)	(159.12)
Cash and cash equivalent at the beginning of the term	733.99	809.66	968.78
Cash and cash equivalents at the term-end	404.82	733.99	809.66