Core Insights - Chongqing Tongnan District is focusing on the automotive aftermarket, particularly in vehicle scrapping and remanufacturing, establishing itself as a hub for the automotive lifecycle's "last mile" [1] - The district has attracted over 20 related enterprises, processing more than 100,000 scrapped vehicles annually, and has been recognized as a distinctive industrial cluster for small and medium-sized enterprises in Chongqing by 2025 [1] - The local government emphasizes the importance of circular economy practices, especially in the context of rising vehicle ownership and the value of materials in scrapped vehicles [1] Group 1: Industry Development - Tongnan is developing its automotive aftermarket by focusing on the recycling and remanufacturing of scrapped vehicles and components, including the tiered utilization of power batteries [1][3] - The district is leveraging its geographical position by avoiding competition in vehicle manufacturing and instead concentrating on the post-use phase of vehicles [1] - The local government is fostering collaboration among leading enterprises in the industry to enhance the development of the automotive aftermarket [1][2] Group 2: Company Operations - Chongqing Hongxi Automotive Technology Co., Ltd. processes over 300 scrapped vehicles daily, utilizing a big data platform to enhance the value of used parts through refined disassembly [2] - The company highlights the significant price difference between selling scrap materials and reselling parts, with a car door potentially increasing in value from 30-40 yuan as scrap to over 300 yuan as a part [2] - The collaboration between companies in the supply chain, such as battery recycling and plastic production, is common in Tongnan, maximizing resource utilization [2] Group 3: Future Outlook - The district aims to cultivate leading enterprises in the automotive aftermarket and integrate into the Chengdu-Chongqing automotive parts supply system [4] - There is a focus on building a talent and innovation ecosystem to support the industry's growth, including partnerships with vocational schools for practical education [3][4] - The increasing demand for automotive aftermarket services is expected to rise alongside the growing vehicle ownership in the region [4]