Core Viewpoint - The announcement of a potential acquisition of 51% stake in Kuangshi Technology by Xixiangfeng Group signals a strategic move from traditional automotive retail to the cutting-edge technology sector of intelligent driving [1][2][3] Group 1: Strategic Implications - The partnership aims to provide scalable scene support for the technology implementation of Kuangshi Technology while injecting core perception technology into Xixiangfeng Group's new business in autonomous driving [2] - By acquiring Kuangshi Technology, Xixiangfeng Group can secure a supply of critical sensors and customize technology based on its operational needs, thereby building differentiated technological barriers and supply chain resilience [2][3] Group 2: Market Positioning - Successfully completing this transaction would allow Xixiangfeng Group to deepen its value chain by moving upstream into key hardware and solution segments of the intelligent automotive industry [3] - The acquisition is expected to enhance the company's "technology" label in the capital market, facilitating a re-evaluation from traditional automotive retail to a composite model of "technology + consumption + mobility" [3] Group 3: Industry Context - In the context of the irreversible trend towards the intelligent and electric transformation of the automotive industry, traditional automotive dealers are compelled to seek transformation [3] - Xixiangfeng Group's decision to enter the critical technology segment of millimeter-wave radar through a controlling stake is seen as a precise and decisive strategy, avoiding the highly competitive vehicle manufacturing sector while leveraging its extensive scene resources [3]

Group 1 - The core point of the article is that Xixiangfeng Group (02473.HK) experienced a significant stock price increase, rising over 6% at one point and closing with a gain of 5.95% at HKD 9.26 [1] - The trading volume for Xixiangfeng Group reached HKD 40.6156 million, indicating strong market interest [1]

Core Viewpoint - Xixiangfeng Group (02473.HK) has signed a memorandum of understanding with an independent third party to acquire a 51% stake in Xiamen Kuangshi Technology Co., Ltd. through equity acquisition or capital increase, aiming to enhance its position in the intelligent driving sector [3][9]. Group 1: Company Overview - Xixiangfeng Group, established in 2007, is a well-known automotive retailer that primarily provides automotive financing leasing services and related services through its self-operated sales network [10]. - The company was listed in Hong Kong on November 9, 2023, issuing 103 million shares at HKD 1.1 per share, raising approximately HKD 113 million [10]. - As of the latest update, Xixiangfeng Group's share price is HKD 9.95, with a total market capitalization of approximately HKD 15.391 billion [10]. Group 2: Strategic Acquisition - Kuangshi Technology is a leading provider of millimeter-wave radar intelligent perception solutions in China, offering a full range of products including chips, algorithms, modules, and system platforms, integrated with artificial intelligence for high-performance solutions in fields such as assisted driving and smart IoT [3][9]. - Xixiangfeng Group is actively exploring the autonomous vehicle business, leveraging its nationwide self-operated sales network and extensive experience in vehicle operation and management [3][9]. - The board of Xixiangfeng Group believes that if the potential transaction is realized, it will help expand the smart driving automotive industry chain, enhance technological reserves and product competitiveness, and align with the company's strategic layout in this business area [3][9].

Group 1 - The core point of the article is that Xixiangfeng Group (02473) has signed a memorandum of understanding to potentially acquire 51% of Xiamen Kuangshi Technology Co., Ltd. through equity acquisition or capital increase [1][5] - The stock price of Xixiangfeng Group increased by 5.84% to HKD 9.25, with a trading volume of HKD 48.36 million [1][5] - The potential transaction's arrangements and key terms, including price and payment methods, are yet to be determined and will be outlined in a formal agreement after due diligence and preconditions are met [1][5] Group 2 - Xixiangfeng Group is actively exploring the autonomous vehicle business, leveraging its nationwide self-operated sales network and rich experience in vehicle operation and management [1][5] - Kuangshi Technology's research and solutions in millimeter-wave radar smart perception have significant application prospects in the intelligent driving field, which aligns well with Xixiangfeng Group's autonomous vehicle business [1][5]

Core Viewpoint - Xixiangfeng Group (02473) has seen a stock price increase of over 6%, currently trading at 9.26 HKD with a transaction volume of 40.62 million HKD, following the announcement of a potential acquisition of 51% equity in Xiamen Kuangshi Technology Co., Ltd. by its subsidiary, Xiyun Dike (Fujian) Technology Co., Ltd. [1] Group 1 - The memorandum of understanding signed on January 12, 2026, outlines a potential transaction where Xiyun Dike aims to acquire 51% of Kuangshi Technology through equity purchase or capital increase [1] - The specific terms of the potential transaction, including pricing and payment methods, are yet to be determined and will be finalized based on due diligence results and preconditions [1] - The group is actively exploring the unmanned vehicle business, leveraging its nationwide self-operated sales network and extensive experience in vehicle operation and management [1] Group 2 - Kuangshi Technology specializes in the research and development of millimeter-wave radar smart perception solutions, which have significant application prospects in the intelligent driving sector [1] - The collaboration between Xixiangfeng Group and Kuangshi Technology is expected to create substantial synergies in the unmanned vehicle business [1]

Core Viewpoint - Xixiangfeng Group (02473) has seen a stock price increase of over 6%, currently trading at HKD 9.26 with a transaction volume of HKD 40.62 million, following the announcement of a potential acquisition of 51% equity in Xiamen Kuangshi Technology Co., Ltd. by its subsidiary, Xiyun Dike (Fujian) Technology Co., Ltd. [1] Group 1 - The company announced a memorandum of understanding (MOU) with Xiamen Kuangshi Technology Co., Ltd. to potentially acquire 51% of its equity through either a share purchase or capital increase [1] - The transaction details, including pricing and payment methods, are yet to be determined and will be outlined in a formal agreement following due diligence and the fulfillment of preconditions [1] - The company is actively exploring the unmanned vehicle business, leveraging its nationwide self-operated sales network and extensive experience in vehicle operation and management [1] Group 2 - Kuangshi Technology's research and solutions in millimeter-wave radar smart perception have significant application prospects in the intelligent driving sector, which aligns well with the company's unmanned vehicle business [1]

Core Viewpoint - The company plans to acquire a 51% stake in Xiamen Kuangshi Technology Co., Ltd. through a potential transaction involving equity acquisition or capital increase, which is expected to enhance its position in the smart driving automotive industry [1][2] Group 1: Potential Transaction Details - The memorandum of understanding was signed on January 12, 2026, between the company's indirect wholly-owned subsidiary, Xiyun Dike (Fujian) Technology Co., Ltd., and Xiamen Kuangshi Technology Co., Ltd. [1] - The specific terms of the potential transaction, including price and payment methods, are yet to be determined and will be outlined in a formal agreement following due diligence and the fulfillment of preconditions [1] Group 2: Company and Industry Implications - Xiamen Kuangshi Technology, established in 2020, is a leading provider of millimeter-wave radar smart perception solutions in China, offering a full range of products including chips, algorithms, modules, and systems [1] - The acquisition is expected to help the company expand its smart driving automotive industry chain, enhance its technological reserves and product competitiveness, and align with its strategic layout in this business area [2] - The collaboration with Xiamen Kuangshi Technology is anticipated to strengthen the company's innovation capabilities and sustain growth, benefiting both the company and its shareholders [2]

Core Viewpoint - The company plans to acquire a 51% stake in Xiamen Kuangshi Technology Co., Ltd. through a potential transaction involving equity acquisition or capital increase, which is expected to enhance its position in the smart driving automotive industry and strengthen its technological capabilities [1][2] Group 1: Potential Transaction Details - The memorandum of understanding was signed on January 12, 2026, between the company's indirect wholly-owned subsidiary, Xiyun Dike (Fujian) Technology Co., Ltd., and Xiamen Kuangshi Technology Co., Ltd. [1] - The specific terms of the potential transaction, including price and payment methods, are yet to be determined and will be outlined in a formal agreement following due diligence and fulfillment of preconditions [1] Group 2: Company and Industry Implications - Xiamen Kuangshi Technology, established in 2020, is a leading provider of millimeter-wave radar smart perception solutions in China, offering a full range of products including chips, algorithms, modules, and systems [1] - The collaboration is expected to create significant synergies with the company's ongoing exploration in the autonomous vehicle sector, leveraging its nationwide sales network and experience in vehicle operation and management [1] - The board believes that if the potential transaction is realized, it will help the company expand its smart driving automotive industry chain, enhance its technological reserves and product competitiveness, and align with the overall interests of the company and its shareholders [2]

Group 1 - The company announced a memorandum of understanding to potentially acquire 51% of Xiamen Kuangshi Technology Co., Ltd. through equity acquisition or capital increase [1] - The transaction arrangements and key terms are yet to be determined and will be outlined in a formal agreement after due diligence and preconditions are met [1] - Kuangshi Technology is a leading provider of millimeter-wave radar intelligent perception solutions in China, offering a full range of products including chips, algorithms, modules, and systems [1] Group 2 - The potential transaction is expected to help the company expand its smart driving automotive industry chain, enhance its technological reserves and product competitiveness [2] - This move aligns with the company's strategic layout in the smart driving sector, improving its business innovation capabilities and reinforcing its sustainable growth [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並表明概不就因本公告全部或任何部分內容而產生或依賴該等內 容而引致的任何損失承擔任何責任。 XXF GROUP HOLDINGS LIMITED 喜相逢集團控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2473） 自願性公告 簽署投資諒解備忘錄 本公告乃由喜相逢集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 自願作出，以向本公司股東及潛在投資者提供本集團最新業務發展的詳情。 本公司董事（「董事」）會（「董事會」）欣然宣布，於2026年1月12日，本公司之間接 全資附屬公司喜運地空（福建）科技有限公司（「喜運地空」）與廈門曠時科技有限公 司（「曠時科技」）簽訂一份諒解備忘錄（「諒解備忘錄」），擬透過股權收購或增資擴 股方式取得曠時科技51%的股權之潛在交易（「潛在交易」）。 根據諒解備忘錄，在潛在交易落實後，喜運地空將持有曠時科技51%的股權。潛 在交易的交易安排、核心條款（包括但不限於代價及支付方式）等尚未釐定，將基 於盡職調查結果及先決條件完成後，於正式協議中約定。 曠時 ...