Group 1 - Tengshi brand, established in 2010, aims to provide a sense of safety as its core luxury standard, with significant advancements in safety features such as high-speed evasive maneuvers and AEB automatic braking [1] - The recent launch of the Tengshi N8L model has generated substantial interest, leading to a surge in orders and website traffic, causing server issues due to high demand [1] - The Equation Leopard brand is expected to achieve monthly sales of 20,000 to 30,000 units in the coming months, with projections of reaching 40,000 to 50,000 units next year [1] Group 2 - BYD's global expansion has accelerated, with overseas sales reaching 790,000 units from January to October, representing a 135% year-on-year increase [2] - The company plans to leverage the BYD mother brand as the core export brand while developing a systematic and multi-tiered international brand structure, including Tengshi and Yangwang [2]