Group 1 - The core point of the article is that Hong Kong-listed company Zeng Tong Automobile (01728.HK) announced a related transaction to acquire 100% equity of Xiamen Xinda International Trade Automobile Group Co., Ltd. (Xinda Guomao) for a temporary purchase price of 793.4937 million RMB [2][4]. - Xinda Guomao is primarily engaged in traditional 4S automobile dealership business and aims to create a customer-centric automotive service ecosystem, including services for new energy vehicles, used car sales and exports, and parallel imports [4]. - As of June 30, 2025, Xinda Guomao operates nearly 50 4S dealership stores, new energy vehicle experience centers, and bodywork centers, distributing 29 brands including BMW, Audi, Lexus, Tesla, and others, making it one of the leading 4S dealers in Fujian Province, China [4]. Group 2 - The company also plans to acquire 100% equity of Guomao Automobile (Thailand) from Xinda Nuo and Xinda (Singapore) for a price of 22.13 million RMB, with the Thai operations currently in the initial stage of establishing automobile sales stores and not yet engaged in substantial business operations [5].