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The government significantly increases subsidies for the Autos aftermarket! Covering all categories including Tuhu car maintenance tires, engine oil, and accessories, with discounts of up to 25%.
Recently, Tuhu Car Service, the largest integrated online and offline car service platform in the country, announced that it has accepted special government subsidies aimed at the automotive aftermarket. This subsidy covers all categories of commodities including tires, engine oil, and parts. At the beginning of 2025, the National Development and Reform Commission will implement an old-for-new upgrade policy and strengthen the implementation of the 'two new' policies to effectively enhance the vitality of the consumer market. It is noteworthy that the government of Qiongshan City in Haikou recently released relevant special subsidies and cooperated with Tuhu Car Service. This move signifies the government's high attention to the automotive aftermarket and injects strong momentum for Consumption Upgrade in the industry. The combination of government subsidies and platform discounts creates a double benefit.
TUHU Car Repurchases Over 11 Million A Shares
TUHU-W (09690): The trustee purchased 11.2844 million Class A shares according to the share plan after the second phase of the initial public offering.
TUHU-W (09690) released an announcement to further implement the company's Global Strategy and achieve the company's long-term value proposition,...
The Tuhu (9690.HK) Operation management system will be integrated with DeepSeek.
The automotive aftermarket service platform Tuhu (09690) announced that it has completed the deployment of models such as DeepSeek-R1 and V3, and has integrated them into core Business processes, with full online usage expected in the near future. The DeepSeek large model will deeply integrate with Tuhu's existing Asia Vets system, accelerating upgrades in store digital workshop management, intelligent diagnostic assistance, predictive maintenance, supply chain collaboration, and intelligent customer management capabilities, aiming to provide more precise and efficient decision support for nearly 7,000 workshop stores nationwide. It is reported that Tuhu has applied AI technology to operational scenarios such as intelligent customer service and store management.
[Brokerage Focus] China Post Securities maintains a Buy rating on Tuhu (09690), stating that it is expected to further enhance customer loyalty and increase market share.
Jinwu Finance News | According to Zhongyou Securities Research, as of the 24th, TuHu (09690) had a total of 6,311 stores, an increase of 402 stores compared to the end of 2023; considering the acceleration of new store openings in the second half of the year, it is expected that 500-600 new stores will be opened in H2, bringing the total number of stores to approximately 6,900 by the end of 2024. From the 2024 franchise policy, the company will focus on expanding stores in lower-tier cities, combined with a trend toward more rational Consumer spending. The market share of its own controllable products that offer cost-effective advantages is expected to increase rapidly, thereby driving profitability. Aftermarket maintenance services, while being less frequent consumption, have a high sensitivity to High Stock Price.
[Nie Renjiao Technology Field] Nie Zhenbang: Observing the 'descending triangle' with light short positions, a monthly profit of several percent is not out of the question.
Jinwu Financial News | Last time, the 'descending triangle' pattern was discussed. Considering the desire not to make the article too long, today's discussion will continue. It was not mentioned in the previous article that for investors who have already established short positions, there is no need to exit once this pattern appears. Instead, it is important to consider at what point to take profits after the support level is broken, which requires calculating the 'measured decline.' This pattern's outline is drawn with two auxiliary lines; the upper line is slanted, descending from left to right. The lower line is a horizontal line, reflecting that during the consolidation period, the stock index or individual stocks tend to show similar low levels at corresponding positions. Therefore, the 'measured decline' is precisely the vertical distance between the two auxiliary lines; however, since the upper line is not horizontal, so
