Asianfin--Neta Auto has signed a strategic cooperation agreement with BTG Pactual, the largest investment bank in Latin America, and Brazilian import trader Sertrading. As part of the agreement, BTG Pactual, together with Sertrading, will provide up to 1 billion Brazilian reais (approximately 1.3 billion yuan) in financial support to Neta Auto for various initiatives, including import services and the construction of charging infrastructure in Brazil. Neta Auto has already established a subsidiary in São Paulo and plans to expand its network of dealerships to 30 by the end of the year. Additionally, the company is actively working on setting up a KD assembly plant in the country.