China MeiDong Auto Holdings Limited China MeiDong Auto Holdings Limited is an investment holding company engaged primarily in automobile dealership operations in the People's Republic of China. The company sells new passenger vehicles and spare parts from luxury and premium brands including Porsche, BMW, BMW Mini, Lexus, Tesla, and Toyota; provides after-sales services such as maintenance, repair, auto registration, insurance, and automotive supplies; offers mortgage facilitation and other value-added services; and engages in used vehicle trading and property management. It operates 74 self-operated 4S stores and one Tesla after-sales service center across provinces including Beijing, Hebei, Hubei, Hunan, Jiangxi, Fujian, Guangdong, Gansu, Anhui, Shandong, Henan, Jiangsu, Sichuan, Tianjin, and Chongqing, targeting mid-to-high-end consumers in lower-tier cities under a single-city-single-store strategy. Founded in 2003 and headquartered in Dongguan, Guangdong Province, China MeiDong Auto Holdings Limited is a subsidiary of Apex Sail Limited and employs approximately 3,706 people. In October 2025, the company entered a cornerstone investment agreement to subscribe for US$20 million in shares of Seres Group as part of its Hong Kong initial public offering, marking a strategic move into new energy vehicles; it also continues network optimization amid industry consolidation, reducing stores from 78 in mid-2024 to 74 in mid-2025 while boosting new vehicle sales volume by 7.8% year-on-year to 28,214 units in the first half of 2025.