Core Viewpoint - Harmony Auto's subsidiary iCar Group Limited has entered into a share subscription agreement with Golden Link Worldwide Limited, a wholly-owned subsidiary of BYD Company Limited, for a subscription amount of $40 million, representing 9.9999% of the enlarged issued share capital of the target company [1] Group 1 - The subscription amount will be used for the general working capital of the target group [1] - The collaboration aims to leverage the long-term strategic synergy between the subscriber and Harmony Auto, as well as the subscriber's recognition of Harmony Auto's brand operation capabilities and overseas channels [1] - This subscription will deepen the cooperation between the parties and accelerate the expansion of BYD's brand of new energy vehicles in overseas markets, including sales and after-sales services [1] Group 2 - The move will optimize Harmony Auto's capital structure and enhance overall competitiveness, creating long-term value for shareholders [1]