Core Insights - Tuhu Car's revenue for the first half of 2025 reached 7.88 billion RMB, marking a year-on-year growth of 10.5%, with a net profit of 410 million RMB, up 14.6% [1][2] - The company has seen significant user growth, with registered users increasing by 18.8% to 150 million and transaction users rising by 23.8% to 26.5 million [1][2] - The average monthly active users on the app reached 13.5 million, reflecting a growth of 17.5% [1] Financial Performance - Gross profit for the first half of 2025 was 1.98 billion RMB, and the total operating expenses were 1.77 billion RMB, accounting for 22.4% of revenue, showing continuous optimization compared to the same period in 2024 [2] - Free cash flow improved by 32.2% to 350 million RMB, with total cash exceeding 7.5 billion RMB by the end of the reporting period [2] Business Expansion - The number of Tuhu service stations reached 7,205, covering all provincial administrative regions except for Macau and Taiwan, with a 70% coverage rate in counties with over 20,000 passenger vehicles [1] - The fast repair business saw revenue growth exceeding 60%, becoming a new growth driver, while the number of users in the new energy sector increased by 83.5% to 3.4 million, representing over 12% of total transaction users [2] Management Insights - The CEO emphasized a consumer demand-oriented approach, focusing on service quality and operational efficiency to achieve high-quality development despite external challenges [2] - The CFO highlighted the acceleration of revenue growth compared to the previous year and the company's commitment to enhancing operational quality and profitability through refined operations and advanced technology investments [3]