股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 途虎養車股份有限公司(*僅供識別) （於開曼群島註冊成立以不同投票權控制的有限公司） 呈交日期: 2025年12月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 不同投票權架構公司普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09690 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,431,050,420 | USD | | 0.00002 USD | | 48,621.01 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 2,431,050,420 | USD | | 0.00002 USD ...

Core Insights - The Chinese automotive aftermarket is projected to reach an annual revenue of 1.7 trillion yuan by 2025, more than doubling since 2015, indicating significant growth potential [2] - Tuhu Car Maintenance leads the automotive aftermarket chain franchise sector with a consumer preference rate of 45.38%, significantly higher than its competitors [2][5] - Tuhu has established a robust supply chain network and a standardized service model, allowing it to maintain a competitive edge and achieve high profitability among its franchise stores [7][12] Market Overview - By 2025, China's vehicle ownership is expected to exceed 359 million, driving the growth of the automotive aftermarket [2] - The competitive landscape is shifting from chaotic growth to a more refined approach, with leading brands like Tuhu gaining market share and consumer trust [2][5] Tuhu's Business Model - Tuhu's franchise model is likened to McDonald's, focusing on a replicable business system that includes product, service, and operational standards [3] - The company addresses the fragmented nature of the automotive aftermarket by standardizing high-frequency service projects and integrating online and offline operations [5][13] Supply Chain and Cost Efficiency - Tuhu collaborates directly with major brands like Michelin and Continental to create a direct supply chain, reducing procurement costs by 15%-20% compared to traditional channels [9] - The company has developed a smart inventory system that alleviates financial pressure on franchisees by managing stock levels based on sales forecasts [12] Franchise Growth and Profitability - Tuhu's franchise network has expanded significantly, with a net increase of 331 stores in just six months, and over 90% of stores open for more than six months achieving profitability [7][8] - The company's model not only leads in store count but also demonstrates sustainability and health in its business operations [8] Competitive Advantages - Tuhu's supply chain is evolving, particularly in the electric vehicle aftermarket, where it has established partnerships with battery manufacturers and trained certified technicians [10] - The company's ability to offer lower prices through bulk purchasing and customized products enhances its competitive position in the market [9][13]

Group 1: Incident Overview - A major fire occurred in Hong Kong's Tai Po district, resulting in 94 fatalities, including one firefighter, and 76 injuries, with 11 being firefighters [1] - The Hong Kong government established a relief fund with an initial allocation of 300 million HKD to assist affected residents [1] Group 2: Corporate Donations - Alibaba Group announced a donation of 20 million HKD for immediate relief efforts and additional support for affected families [2] - Tencent Charity Foundation pledged a total of 30 million HKD, including an initial 10 million HKD and an additional 20 million HKD to the relief fund [2] - ByteDance (Hong Kong) and Baidu each committed 10 million HKD for emergency relief and community recovery efforts [2] Group 3: Additional Corporate Contributions - Various companies, including NetEase, Xiaomi, and Kuaishou, each donated 10 million HKD to support emergency relief and community recovery [3] - Anta Group and Bosideng Group each contributed 30 million HKD, while Li Ning Group and Xtep Group donated 20 million HKD each for disaster relief [4][5][6] - Other companies like 361°, Chow Tai Fook, and Nongfu Spring also made significant contributions, totaling millions in cash and supplies [7][8] Group 4: Broader Industry Response - Multiple sectors, including automotive, real estate, and finance, participated in the relief efforts, with companies like Chery Automobile and BYD each donating 10 million HKD [9][10] - Financial institutions and logistics companies, such as Didi and SF Express, also pledged substantial amounts for emergency aid and recovery efforts [15]

Group 1 - The fire incident at Hong Kong's Tai Po Wang Fuk Court resulted in significant casualties, drawing attention from various sectors of society [1] - Tuhu Car Maintenance has initiated a donation of 3 million Hong Kong dollars to support fire rescue efforts, aid displaced residents, and assist in post-disaster reconstruction [1] - Currently, Tuhu Car Maintenance operates three service centers in Hong Kong and plans to continue monitoring the rescue situation to provide further support as needed [1]

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，並明確表示，概不就因本公告全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 茲提述招股章程「關連交易」一節，內容有關騰訊集團框架協議項下的交易。由於 騰訊集團框架協議將於2025年12月31日屆滿，而本公司擬於其後繼續進行騰訊 集團框架協議項下的交易，故本公司（為其本身及代表其附屬公司）與騰訊計算機 （為其本身及代表相關騰訊集團）已訂立2025年騰訊集團框架協議。2025年騰訊集 團框架協議的條款與騰訊集團框架協議的條款大致相同。 TUHU Car Inc. 途虎養車股份有限公司* （於開曼群島註冊成立以不同投票權控制的有限公司） （股份代號：9690） 重續持續關連交易 茲提述招股章程「關連交易」一節，內容有關騰訊集團框架協議項下的交易。由 於騰訊集團框架協議將於2025年12月31日屆滿，而本公司擬於其後繼續進行騰 訊集團框架協議項下的交易，故本公司（為其本身及代表其附屬公司）與騰訊計 算機（為其本身及代表相關騰訊集團）已訂立2025年騰訊集團框架協議。2025 年騰訊集團 ...

Core Insights - Huawei's QianKun Intelligent Automotive Solutions announced the launch of multiple L3 autonomous driving tests and the introduction of the "Intelligent Cockpit L3" era during the "QianKun Ecology, Together for Passion" conference held on November 20, 2025, in Guangzhou [1] - Tuhu Car Maintenance is set to establish a deep collaboration with QianKun Intelligent Driving to create an intelligent automotive service network, enhancing data connectivity between Tuhu's store system and QianKun's autonomous driving cloud [1] Group 1 - The QianKun APP was officially launched, aiming to build a "10-minute QianKun Intelligent Driving Life Circle" with ecosystem partners [1] - Tuhu Car Maintenance's President, Hu Xiaodong, revealed that the collaboration will initially focus on the automatic car wash scenario, allowing vehicles to autonomously drive to service points for cleaning and return to parking spots, showcasing a future of seamless automotive services [1] - This innovative model reflects the trend towards intelligent automotive services, enhancing the customer experience by making car maintenance "worry-free, time-saving, and effortless" [1] Group 2 - Tuhu Car Maintenance has previously strengthened its service foundation through online reservations and intelligent scheduling, which will now be further enhanced by the integration of autonomous driving technology [1] - The partnership aims to create a real-time collaborative system across the "vehicle-cloud-store" ecosystem, promoting a more efficient automotive service experience [1]

Core Insights - Huawei's QianKun Intelligent Automotive Solutions announced the launch of multiple cities for high-speed L3 autonomous driving testing and the introduction of the "Intelligent Cabin L3" era with the release of the QianKun APP [1] Group 1: Huawei's Developments - Huawei's Intelligent Automotive Solutions BU CEO Jin Yuzhi announced the commencement of high-speed L3 autonomous driving testing in multiple cities [1] - The QianKun APP was officially launched, aiming to create a "10-minute QianKun intelligent driving lifestyle circle" in collaboration with ecosystem partners [1] Group 2: Partnership with Tuhu - Tuhu Car Maintenance will engage in deep cooperation with QianKun Intelligent Driving to build an intelligent automotive service network [1] - Tuhu's president Hu Xiaodong revealed that the collaboration will enable deep data integration between Tuhu's store system and QianKun's autonomous driving cloud, establishing a real-time collaborative system across vehicle, cloud, and store [1] Group 3: Innovative Service Model - The partnership will initially focus on the automatic car wash scenario, allowing vehicles to autonomously drive to service points for cleaning and return to parking spots without owner intervention [1] - This innovative model showcases the future of intelligent automotive services, enhancing the "worry-free, time-saving, and effort-saving" experience in car maintenance [1]

Core Viewpoint - The collaboration between Tuhu Car Maintenance and QianKun Intelligent Driving aims to create an intelligent automotive service network, enhancing user experience through automation and data integration [1] Group 1: Company Initiatives - Tuhu Car Maintenance is partnering with QianKun Intelligent Driving to develop a smart automotive service network [1] - The integration will allow real-time data communication between Tuhu's store system and QianKun's autonomous driving cloud [1] - This partnership is expected to transform the car service experience, allowing vehicles to autonomously visit service locations for tasks like washing [1] Group 2: Industry Impact - The collaboration is positioned to upgrade the automotive service industry towards a "worry-free, time-saving, and effort-saving" experience [1] - Tuhu has already established a service foundation through online booking, intelligent scheduling, and optimized store layouts [1] - The partnership leverages advancements in autonomous driving technology to enhance the intelligent service chain [1]

Core Viewpoint - The collaboration between Tuhu Car Maintenance and Qian Kun Intelligent Driving aims to create an intelligent automotive service network, enhancing user experience through automation and real-time data integration [1] Group 1: Company Initiatives - Tuhu Car Maintenance is partnering with Qian Kun Intelligent Driving to integrate its store system with Qian Kun's autonomous driving cloud, enabling real-time collaboration across vehicle, cloud, and store [1] - The partnership is expected to allow car owners to have their vehicles autonomously go to car wash services and return, providing a seamless experience [1] Group 2: Industry Impact - This collaboration is positioned to drive the automotive service industry towards a more convenient, time-saving, and effortless experience for users, marking a significant step towards the intelligent service era [1] - Tuhu Car Maintenance has previously established a service foundation through online reservations, intelligent scheduling, and optimized store layouts, which will be further enhanced by this partnership [1]

Core Insights - During the "Double 11" shopping festival, Tuhu Car Service reported significant sales growth across various product categories, including tires, engine oil, batteries, and accessory belts [1] Sales Performance - Tire sales reached a peak of over 500,000 units in a single day [1] - The number of users purchasing new energy vehicle batteries increased by 137% year-on-year [1] - Sales of domestic brand batteries saw a 97% year-on-year increase in user transactions [1] - Accessory belt transactions experienced a remarkable growth of 191% [1] Store Expansion - Tuhu Car Service opened new workshop stores, with user numbers increasing by over 700% compared to the previous period during "Double 11" [1] - The company expanded its store presence in major cities, achieving a "single city with 100 stores" strategy in 20 cities, including Shanghai, Beijing, Guangzhou, Wuhan, Chengdu, Suzhou, Shenzhen, Chongqing, and Hangzhou [1] - Specific store counts include over 400 in Shanghai, over 300 in Beijing, and over 200 in Guangzhou, Wuhan, Chengdu, and Suzhou [1]