Core Viewpoint - The automotive service sector experienced a slight decline of 0.29% on November 12, with Altr leading the drop. The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1]. Group 1: Stock Performance - Xiamen Xinda (000701) closed at 6.45, up 1.90% with a trading volume of 428,900 shares and a transaction value of 276 million yuan [1]. - Dezhong Automobile (920030) closed at 7.50, up 1.63% with a trading volume of 46,100 shares and a transaction value of 34.48 million yuan [1]. - China Automotive Research (601965) closed at 17.22, up 0.17% with a trading volume of 23,700 shares and a transaction value of 40.88 million yuan [1]. - Altr (300825) closed at 10.71, down 2.72% with a trading volume of 131,500 shares and a transaction value of 141 million yuan [2]. Group 2: Capital Flow - The automotive service sector saw a net outflow of 35.19 million yuan from institutional investors, while retail investors contributed a net inflow of 23.56 million yuan [2]. - Major stocks like Jiao Yun Co. (600676) had a net inflow of 8.88 million yuan from institutional investors, while Altr (300825) experienced a net outflow of 9.39 million yuan [3]. - Shanghai Wumao (600822) faced the largest net outflow of 16.45 million yuan from institutional investors, indicating a significant shift in capital dynamics within the sector [3].

Group 1 - The establishment of Quanji Zhixuan (Chengdu) Automotive Service Co., Ltd. has been reported, with a registered capital of 100 million RMB [1] - The legal representative of the new company is Tan Jian, and its business scope includes motor vehicle repair and maintenance, sales of new energy vehicle electrical accessories, and sales of plug-in hybrid special engines [1] - The company is wholly owned by Great Wall Motor Co., Ltd. through indirect shareholding [1]

Group 1 - The number of shareholders for the company decreased to 33,284 as of November 10, representing a reduction of 1,906 shareholders or a decline of 5.42% compared to the previous period [2] - The company's stock price is currently at 6.82 yuan, down 0.44%, but has increased by 1.94% since the concentration of shares began [2] - The margin trading data shows a total margin balance of 285 million yuan as of November 11, with a decrease of 2.35 million yuan or 7.62% since the concentration of shares began [2] Group 2 - The company reported a revenue of 435 million yuan for the first three quarters, reflecting a year-on-year growth of 20.91% [2] - The net profit for the same period was 160 million yuan, which is a year-on-year increase of 31.26% [2] - The basic earnings per share are 0.1200 yuan, with a weighted average return on equity of 5.33% [2]

Group 1 - The core theme of the forum was to discuss the construction path and future trends of the autonomous driving mobility ecosystem, emphasizing the need for service upgrades in the automotive aftermarket driven by user experience [1][2] - Tuhu Car has established over 7,200 service centers across China, covering 150 million registered users, creating a comprehensive digital system that integrates supply chain, store management, work order execution, and customer interaction [1][2] - The collaboration between Tuhu and Huawei aims to develop an intelligent service network that transitions automotive services from standardization to intelligence, leveraging deep integration of autonomous driving cloud, vehicle-machine ecosystem, and service fulfillment systems [2][3] Group 2 - Tuhu Car envisions a future where automotive services become more automated, with vehicles autonomously completing tasks such as refueling, cleaning, and inspections, supported by intelligent hardware like sensors and LiDAR [2] - The company is committed to embracing cutting-edge technologies, including fully automated smart warehouses, unmanned vehicle delivery trials, AI customer service, and blockchain traceability, to enhance service experience [3] - The forum also launched the "Autonomous Driving Mobility Ecosystem Co-construction Action," with Tuhu Car as a key participant, contributing to the development and improvement of China's autonomous driving service network [3]

Market Overview - The automotive service sector experienced a slight decline of 0.08% on November 11, with Altec leading the drop [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] Stock Performance - Notable stock performances included: - Shenhua Holdings (600653) closed at 2.15, up 0.94% with a trading volume of 342,500 shares and a turnover of 73.25 million yuan [1] - Dezhong Automobile (920030) closed at 7.38, up 0.68% with a trading volume of 30,700 shares and a turnover of 22.77 million yuan [1] - Xiamen Xinda (000701) closed at 6.33, up 0.64% with a trading volume of 249,700 shares and a turnover of 157 million yuan [1] - Altec (300825) closed at 11.01, down 1.61% with a trading volume of 104,200 shares and a turnover of 115 million yuan [2] Capital Flow - The automotive service sector saw a net outflow of 63.76 million yuan from institutional investors, while retail investors contributed a net inflow of 59.75 million yuan [2] - The capital flow for individual stocks showed: - Xiamen Xinda had a net inflow of 1.21 million yuan from retail investors, despite a net outflow of 236,000 yuan from institutional investors [3] - Altec experienced a significant net outflow of 21.08 million yuan from institutional investors, with a net inflow of 13.57 million yuan from retail investors [3]

本报讯 （记者袁传玺）天眼查工商信息显示，近日，全极智选（成都）汽车服务有限公司成立，注册资本1亿元，经营范 围含机动车修理和维护、汽车零配件零售、摩托车及零配件零售等。股权全景穿透图显示，该公司由长城智选信息科技（保 定）有限公司全资持股，后者为长城汽车全资子公司。 （编辑 张明富） ...

企查查APP显示，近日，全极智选（成都）汽车服务有限公司成立，法定代表人为谭健，注册资本1亿 人民币，经营范围含机动车修理和维护、新能源汽车电附件销售、插电式混合动力专用发动机销售等。 企查查股权穿透显示，该公司由长城汽车间接全资持股。 ...

Core Viewpoint - The event organized by the Anhui Consumer Rights Protection Committee and Tuhu Car Service aims to enhance consumer education and trust in the automotive maintenance industry through immersive experiences and informative lectures [1][3]. Group 1: Company Overview - Tuhu Car Service is a leading automotive service platform in China, focusing on user-centric approaches, standardized service processes, and a transparent supply chain [1][3]. - The company operates over 7,200 service centers nationwide and has registered over 150 million users, with a user satisfaction rate exceeding 95% [1]. Group 2: Service and Quality Assurance - Tuhu Car Service employs a unique "Tuhu Eight Steps" standardized service process that ensures consistency in technical operations, service flow, and pricing across all locations [3]. - The company has established a digital traceability system for genuine products through a "one code for one item" platform, ensuring product authenticity from factory to user [3]. Group 3: Consumer Rights Protection - Tuhu Car Service has implemented a multi-dimensional protection mechanism, including "gold medal warranty" and "advance compensation," to alleviate consumer concerns regarding after-sales service [3]. - The company aims to create a positive cycle of "consumption-evaluation-improvement-re-consumption" to continuously enhance service quality [3]. Group 4: Industry Impact and Future Directions - The collaboration between the Anhui Consumer Rights Protection Committee and Tuhu Car Service has established a trust bridge between consumers and quality enterprises, contributing to the high-quality development of the automotive aftermarket [5]. - Tuhu Car Service plans to leverage its technological and service network advantages to further educate consumers about automotive maintenance, fostering a positive consumption environment [5].

Market Overview - The automotive service sector increased by 0.36% on November 10, with Xiamen Xinda leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Stock Performance - Xiamen Xinda (000701) closed at 6.29, up 2.78% with a trading volume of 316,100 shares and a turnover of 196 million yuan [1] - Shinhua Holdings (600653) closed at 2.13, up 1.43% with a trading volume of 376,100 shares [1] - Other notable performers include: - Zhongqi Co., Ltd. (301215) at 6.81, up 1.19% [1] - Beiba Media (600386) at 5.00, up 0.81% [1] - Guoji Automobile (600335) at 6.47, up 0.78% [1] Capital Flow - The automotive service sector experienced a net outflow of 27.81 million yuan from institutional investors and 18 million yuan from speculative funds, while retail investors saw a net inflow of 45.81 million yuan [2] - The detailed capital flow for individual stocks shows: - Shinhua Holdings had a net outflow of 14.89 million yuan from institutional investors [3] - Xiamen Xinda saw a net inflow of 4.89 million yuan from retail investors [3] - Zhongqi Co., Ltd. had a net inflow of 8.54 million yuan from retail investors despite a net outflow from institutional and speculative funds [3]

Core Insights - A new company, Quanjizhiquan (Chengdu) Automotive Service Co., Ltd., has been established with a registered capital of 100 million RMB [1] - The company is wholly owned by Great Wall Zhixuan Information Technology (Baoding) Co., Ltd., which is a subsidiary of Great Wall Motors [1] Company Overview - The legal representative of the new company is Tan Jian [1] - The business scope includes vehicle repair and maintenance, sales of electric vehicle accessories, sales of plug-in hybrid dedicated engines, retail of auto parts, sales of lubricants, retail of motorcycles and parts, second-hand car brokerage, and second-hand car auctions [1] Ownership Structure - The company is fully owned by Great Wall Zhixuan Information Technology (Baoding) Co., Ltd. [1] - Great Wall Zhixuan is a wholly-owned subsidiary of Great Wall Motors [1]