HK Stock Market Move | XXF(02473) rose nearly 4%, deepening strategic cooperation with Tuhu Car Repair in the automotive service sector.

XXF (02473) rose nearly 4%, trading at 15.78 Hong Kong dollars, with a turnover of 17.1579 million Hong Kong dollars. Recently, XXF and Tuhu Car Maintenance held a strategic signing ceremony in Shanghai. The signing of this strategic cooperation agreement marks the official start of deep cooperation between the two parties in the field of automotive services. According to the cooperation agreement, comprehensive cooperation has been reached between the two parties in the maintenance and repair of fuel vehicles and new energy vehicles. Tuhu Car Maintenance will rely on its nationwide offline service network and professional service team to provide XXF vehicles with one-stop services such as nationwide maintenance, repair, and tire replacement, ensuring timely and professional maintenance for all types of XXF rental vehicles (including new energy vehicles). In addition, the two parties also actively discussed further cooperation in the testing and maintenance of the three electric systems of new energy vehicles in the future. Based on the advantages of XXF and the original equipment manufacturers, the two parties will work together to enhance the layout of new energy battery services, striving to achieve greater cost advantages in the future in terms of after-sales maintenance, insurance claims, fast repair, and quick maintenance for new energy vehicles.