Zhi Tong Cai Jing·2025-12-15 04:10Group 1 - Zhongsheng Holdings (00881) saw a nearly 4% increase in stock price, trading at HKD 11.51 with a transaction volume of HKD 36.1 million [1] - On December 12, the State Administration for Market Regulation released the "Guidelines for Compliance with Pricing Behavior in the Automotive Industry (Draft for Comments)," which regulates pricing behavior in the automotive sector [1] - The guidelines detail compliance requirements for pricing behavior from vehicle production to parts manufacturing, including pricing strategies and sales practices [1] Group 2 - Shenwan Hongyuan noted that the automotive industry is making substantial progress in addressing internal competition, with the market regulation authority demonstrating strong control and determination [1] - Industrial research from Industrial Securities highlighted Zhongsheng Holdings as a leading luxury car dealer in China, focusing on building a high-end automotive service brand to support steady growth in after-sales business [1] - Zhongsheng has actively optimized its network and brand layout, which is expected to enhance the scale and profitability of its new car business [1] - Since November 2024, Zhongsheng has completed its largest network optimization, adding a total of 57 dealerships and 20 service centers, with 48 of the new dealerships being luxury brands [1]