In 2023, Wang Xing and Li Tie became the first companies to achieve profitability, with Ideal Auto's performance plummeting by nearly 20%; Quota; New Forces in Car Manufacturing; Quota; Later, Ideal Automobile suffered operating losses in the first quarter, with delivery guidelines for the second quarter only slightly exceeding 100000 vehicles, which fell short of market expectations. On the morning of May 21st, Ideal Automobile plummeted by 19% and closed at HKD 80.7 at noon. Meituan (03690. HK) CEO and non-executive director of Ideal Auto, Wang Xing, CFO of Ideal Auto, Li Tie, President Ma Donghui and other members of the management team have all cashed out of Ideal Auto at high points, and at some point of reduction, their holdings have even doubled the current stock price.