Core Viewpoint - YSX Tech. Co., Ltd. has entered a non-binding strategic Memorandum of Understanding with Guangdong Qingfeng Automobile Group to establish a long-term collaboration that integrates digital solutions with automotive sales and service networks [1][3]. Company Overview - YSX Tech. Co., Ltd. is a Cayman Islands exempted company providing comprehensive business solutions primarily for insurance companies and brokerages in China, specializing in auto insurance aftermarket services and software development [11]. - Guangdong Qingfeng Automobile Group, founded in 1993, is a notable mid-to-large automotive distribution company in China, with 2023 revenue reported at RMB6 billion ($850 million) [2][9]. Collaboration Framework - The MOU outlines a framework for creating a "Technology + Physical" converged platform aimed at accelerating digital transformation and improving operational efficiency for both companies [3]. - The collaboration will focus on applying digital tools to enhance operational efficiency across Qingfeng's sales and service network, aiming for improved coordination and productivity [3]. - A regional service ecosystem will be built by integrating and managing local repair shops and service providers on a quality-controlled platform, enhancing customer experience and order flow [4]. - The partnership aims to establish a "technology-enabled physical service" model as a market benchmark, delivering measurable efficiency and standardized service [5]. - Joint innovation efforts will include co-developing SaaS products and service standards, capturing intellectual property for internal use or external commercialization [6]. Strategic Importance - The collaboration is viewed as a strategic opportunity to leverage YSX's technology strengths and Qingfeng's operational capabilities, aiming to create scalable commercial opportunities and improve offline operations [7].