Core Viewpoint - Harmony Auto's stock price has increased by over 12%, currently trading at 1.89 HKD, with a trading volume of 13.1585 million HKD, following the announcement of BYD's strategic investment in Harmony Auto's overseas new energy ICAR company [1] Group 1: Strategic Investment - BYD has completed a strategic investment in Harmony Auto's overseas new energy ICAR company, acquiring approximately 10% of the shares for 40 million USD, marking a new phase of capital collaboration [1] - This investment positions BYD as an important strategic shareholder in Harmony Auto, enhancing their partnership [1] Group 2: International Operations - Since the strategic cooperation began in October 2023, Harmony ICAR has successfully established and operated over 100 BYD outlets in more than 20 countries and regions across the Asia-Pacific and Europe, demonstrating strong international operational capabilities [1] Group 3: Market Expansion - On September 8, the first day of the 2025 Munich Auto Show, Harmony Auto opened a flagship store for the BYD and Tengshi brands in Munich, marking the first Tengshi flagship store in Europe [1] - The opening of this store signifies Tengshi's official entry into the high-end market in Germany and strengthens BYD's channel layout in Europe [1] - Harmony Auto plans to deepen cooperation with BYD to expand more dealership outlets in Germany and other European countries [1]