Core Points - The "Youth Automotive Service Talent Entrepreneurship Support Program" was organized by the China Youth Entrepreneurship and Employment Foundation to address the needs of young entrepreneurs in the automotive service sector [2][3] - The automotive industry in China is experiencing stable growth, with the new energy vehicle market expanding, creating new opportunities for youth employment and entrepreneurship [2] - By 2025, the total number of talents in energy-saving and new energy vehicles in China is expected to reach 1.2 million, with a talent gap of approximately 1.03 million [2] Group 1 - The meeting featured five representatives from different regions who shared their entrepreneurial experiences and feedback on their needs [2] - The foundation's support policies have effectively lowered industry entry barriers and alleviated operational pressures for young entrepreneurs [2] - The standardized operational system of Tuhu Car Service has simplified the process of opening a store, enabling entrepreneurs to achieve stable income [2] Group 2 - The Secretary-General of the China Youth Entrepreneurship and Employment Foundation emphasized the importance of maintaining confidence and social responsibility among young entrepreneurs [3] - Tuhu Car Service, in collaboration with the foundation, launched the support program offering substantial entrepreneurial subsidies, training, and mentorship [3] - Future plans include further assistance for young automotive service entrepreneurs and the continuation of the "New Youth Plan" to help more young people realize their entrepreneurial dreams [3]

Core Insights - The article highlights the debut of Kunlun Tires, a brand under Double Coin Group, at the Alashan Hero Meeting, showcasing its two main product lines aimed at off-road enthusiasts [1] - The company aims to address the dual challenges faced by off-road vehicle users, providing tailored solutions for both urban commuting and extreme off-road conditions [1][3] Product Overview - The Tianque Expedition HT series is designed for mainstream SUVs and off-road vehicles, emphasizing durability and multi-terrain adaptability while ensuring a quiet and comfortable ride [2] - The Tianque Expedition AT series focuses on extreme off-road performance, featuring enhanced tread design for superior grip and mud clearance capabilities [2] Technical Features - The HT series incorporates a 3D tread pattern for improved grip during emergency braking and features a water drainage system for enhanced safety in wet conditions [2] - The AT series includes a robust shoulder tread design to increase damage resistance and a unique tread pattern that facilitates traction on soft surfaces [2][3] Market Strategy - Kunlun Tires aims to enhance consumer engagement through interactive experiences at the Alashan Hero Meeting and plans to open multiple offline stores by the end of the year to meet one-stop tire selection needs [3] - The company is positioned to leverage the growing SUV market and the expanding community of off-road enthusiasts in China, building a differentiated competitive edge in the professional off-road tire segment [3]

Core Insights - The "Youth Automotive Service Talent Entrepreneurship Support Program" was launched by Tuhu Car Maintenance in collaboration with the China Youth Entrepreneurship and Employment Foundation to support young entrepreneurs in the automotive service sector [2][3] - The program provides substantial support including millions in entrepreneurship subsidies, training, and mentorship to help young automotive service talents [2] Group 1 - The meeting held on October 14 featured five representatives from Tuhu Car Maintenance who shared their entrepreneurial experiences and needs, highlighting the importance of the foundation's support in reducing industry entry barriers and alleviating operational pressures [2] - The standardized operational system of Tuhu Car Maintenance simplifies the process of opening a store, enabling young entrepreneurs to achieve stable income and realize their entrepreneurial dreams [2] - The foundation announced plans for a second phase of cooperation with Tuhu Car Maintenance to continue providing support for young automotive service talents [2] Group 2 - The Deputy Secretary-General of the China Youth Entrepreneurship and Employment Foundation emphasized the importance of maintaining confidence and a proactive attitude among young entrepreneurs, encouraging them to create more job opportunities while achieving personal and social value [3] - Tuhu Car Maintenance expressed its commitment to further assist young automotive service entrepreneurs and ensure the ongoing success of the "New Youth Plan" [3]

Core Viewpoint - Tuhu-W (09690) announced the resignation of Li Zhongcheng from multiple positions effective October 9, 2025, including co-secretary and authorized representative under the Hong Kong Stock Exchange listing rules [1] Group 1 - Li Zhongcheng will resign as co-secretary of the company [1] - He will also step down as the authorized representative under the Hong Kong Stock Exchange listing rules [1] - Additionally, he will cease to act as the legal process document agent for the company in Hong Kong [1] Group 2 - Huang Meifeng has been appointed as the new co-secretary, authorized representative, and legal process document agent effective October 9, 2025 [1] - Chen Zhe will continue to serve as another co-secretary [1]

Core Viewpoint - Tuhu-W (09690) announced the resignation of Li Zhongcheng from multiple positions effective October 9, 2025, and the appointment of Huang Meifeng as the new co-secretary and authorized representative [1] Group 1 - Li Zhongcheng has submitted his resignation as (i) co-secretary of the company; (ii) authorized representative under the Hong Kong Stock Exchange Listing Rules Section 3.05; and (iii) legal process document agent for receiving legal documents and notices in Hong Kong [1] - Huang Meifeng has been appointed as the new co-secretary, authorized representative, and legal process document agent effective October 9, 2025 [1] - Chen Zhe will continue to serve as another co-secretary of the company [1]

Core Viewpoint - Tuhu-W (09690.HK) announced the resignation of Li Zhongcheng from multiple positions effective October 9, 2025, and the appointment of Huang Meifeng to succeed him in these roles [1] Group 1 - Li Zhongcheng has submitted his resignation as co-secretary of the company [1] - Li Zhongcheng will also resign as the authorized representative under the Hong Kong Stock Exchange Listing Rules [1] - Li Zhongcheng will cease to act as the legal process document agent for the company in Hong Kong [1] Group 2 - Huang Meifeng has been appointed as the new co-secretary, authorized representative, and legal process document agent effective October 9, 2025 [1] - Chen Zhe will continue to serve as another co-secretary of the company [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。 （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） 更換聯席公司秘書、授權代表 及法律程序文件代理人； 及 豁免嚴格遵守上市規則第3.28及8.17條 途虎養車股份有限公司*（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，李忠 成先生（「李先生」）已提呈辭任(i)本公司聯席公司秘書（「聯席公司秘書」）；(ii)香 港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第3.05條項下本公 司之授權代表（「授權代表」）；及(iii)根據上市規則第19.05(2)條及香港法例第622 章公司條例第16部的規定代本公司在香港接收送達之法律程序文件及通知書之代 表（「法律程序文件代理人」），自2025年10月9日起生效。 李先生已確認其與董事會並無意見分歧，亦無任何與其辭任有關的事宜須提請本 公司股東或聯交所垂注。 TUHU Car Inc. 途虎養車股份有限公司* 陳先生 ...

Core Insights - The strategic partnership between Tuhu Car Maintenance and Alashan Hero Conference aims to innovate service forms and optimize service experiences around off-road activities and desert cultural tourism [1][7] Group 1: Strategic Collaboration - Tuhu Car Maintenance and Alashan Hero Conference have upgraded their strategic cooperation, combining their strengths to enhance off-road service offerings [1][7] - The collaboration is described as a deep integration of "professional services" and "cultural IP," addressing "user needs" and "scene innovation" [7] Group 2: Service Offerings - Tuhu Car Maintenance launched the "Hardcore Off-Road Worry-Free Guarantee Plan," providing customized support for off-road users during the 2025 Alashan Hero Conference [3] - The plan includes services covering the journey, competition, and daily maintenance for all off-road players [3][5] - A dedicated "Guarantee Center" was established on-site, offering quick maintenance services such as tire inflation, oil replenishment, and engine cleaning [5] Group 3: Event Experience - Tuhu Car Maintenance created a closed-loop service system for off-road enthusiasts, featuring a 5,000 square meter "Off-Road Camp" showcasing products from 20 international brands [3][5] - The event allows participants to experience high-quality products from brands like Michelin, Goodyear, and Mobil [3] Group 4: Future Outlook - Both companies expressed a commitment to enhancing off-road service guarantees and leveraging Tuhu's platform advantages for richer technical and product experiences in future events [7] - The partnership aims to elevate the Alashan Hero Conference into a comprehensive event that combines professional off-road competitions, automotive technology, and high-quality desert cultural tourism [7]

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9月30日 狀態: 新提交 FF301 第 1 頁 共 10 頁 v 1.1.1 II. 已發行股份及/或庫存股份變動 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10月8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 ...

Core Insights - The automotive aftermarket in China is projected to reach a scale of 2.9 trillion yuan by 2029, driven by an increase in vehicle ownership and a growing demand for services [1][2] - Tuhu Car, as a representative of the automotive aftermarket chain brands, is establishing a standardized ecosystem to fill the market gap left by the exit of traditional service channels [1][2] Market Overview - As of June 2025, 101 cities in China are expected to have over 1 million vehicles, with new energy vehicles accounting for 10.27% of the total vehicle ownership [1] - The exit of over 4,000 traditional 4S stores by 2024 highlights the imbalance between service capacity and consumer demand in the automotive aftermarket [1] Company Performance - Tuhu Car went public on the Hong Kong Stock Exchange in September 2023, becoming the first independent automotive aftermarket service company listed in Hong Kong [2] - In the first half of the year, Tuhu Car reported a revenue of 7.88 billion yuan, a year-on-year increase of 10.5%, and an adjusted net profit of 410 million yuan, up 14.6% [2] Network Expansion - Tuhu Car has established a network of 7,205 service centers across 320 prefecture-level cities and 1,855 county-level areas, achieving a 70% coverage rate in counties with over 20,000 passenger vehicles [2][3] - The company is recognized for setting new industry standards and integrating online and offline services to enhance consumer trust in the aftermarket [2][4] Adaptation to New Energy Vehicles - Tuhu Car is expanding its services to include battery health maintenance and related services for new energy vehicles, positioning itself as a potential consolidator in the evolving market [3] - The shift in the industry value from manufacturing to service is seen as an opportunity for Tuhu Car to leverage its advantages in repair qualifications and supply chain innovation [3] Competitive Advantages - Tuhu Car's competitive edge is derived from its strong brand trust, financial advantages from being a listed company, professional operational capabilities, and sustainable development through standardization [4] - The company is moving from price competition to brand and system competition, gradually replacing traditional, inefficient service models [4] Entrepreneurial Support - Tuhu Car's ecosystem allows entrepreneurs to benefit from a standardized supply chain and digital management tools, with over 90% of stores operating for more than six months achieving profitability [5][6] - The company has introduced a tiered and regionalized franchise policy to lower entry barriers for entrepreneurs, with initial investments starting as low as 30,000 yuan in certain markets [6] Future Outlook - The automotive aftermarket in China is expected to see a trend towards concentration, with chain brands like Tuhu Car leveraging technology and supply chain advantages to outcompete smaller players [6] - Tuhu Car's leading position in offline store numbers and penetration in first- and second-tier cities is anticipated to be sustained through its standardized service system and supply chain management capabilities [6]