该行续指，在汽车售后市场行业，整体竞争格局复杂多变。一方面，4S经销商门店关闭将促使车主转向独立售后渠道，为途虎等企业带来发展机遇;另一方面，政府以旧换新刺激政策可能减少流向IAM门店的老旧车辆数量，对其业务增长形成一定挑战。行业企业需在提升服务质量、拓展客户资源及优化成本结构等方面持续发力，以应对市场动态变化。TUHU-W (09690) rose more than 5% in the morning. As of press release, it was up 5.37% to HK$18.84, with a turnover of HK$22.5677 million.
The Zhitong Finance App learned that TUHU-W (09690) rose more than 5% in the morning. As of press release, it had risen 5.37% to HK$18.84, with a turnover of HK$22.5677 million.
Damo released a research report stating that according to data from independent automotive aftermarket (IAM) data provider F6 Auto, Tourover-W performed well in the aftermarket in December 2024. Retail sales increased 11% month-on-month, after-sales service units increased 5% month-on-month, stronger than seasonal performance, and average service price (ASP) increased 2% year over year, which is consistent with Tourover's previous statement that store traffic and retail prices improved in the 3rd and 4th quarter of 2024.
The bank continued that in the automotive aftermarket industry, the overall competitive landscape is complex and varied. On the one hand, the closure of 4S dealer stores will push car owners to switch to independent after-sales channels, bringing development opportunities to companies such as Tourover; on the other hand, the government's trade-in stimulus policy may reduce the number of old vehicles flowing to IAM stores, posing a certain challenge to their business growth. Industry enterprises need to continue to make efforts to improve service quality, expand customer resources, and optimize cost structures to cope with changes in market dynamics.
