Core Insights - Tuhu Car Maintenance has become a key platform for brand manufacturers to launch new products in the automotive aftermarket, leveraging its extensive offline network and large user base [1][4] Group 1: Market Position and Growth - Tuhu Car Maintenance has maintained its position as the leading independent automotive service platform in China for five consecutive years, with over 7,000 service centers nationwide, covering all provinces and numerous administrative regions [1][4] - The platform's user base has reached 140 million, providing a significant channel for brands to access potential customers [3][4] Group 2: Operational Efficiency - Tuhu's logistics and distribution system allows brands to deliver products nationwide within 72 hours, significantly reducing channel costs by over 30% compared to traditional distribution methods [2] - The platform's combination of online and offline operations breaks geographical limitations, enabling rapid market penetration for new products [2] Group 3: Consumer Trust and Brand Collaboration - Consumers increasingly prefer Tuhu for automotive maintenance and parts replacement due to its low prices and convenient access, enhancing brand visibility and sales for partnered manufacturers [2][3] - Tuhu provides valuable market insights to brands, helping them understand consumer needs and adjust their product strategies accordingly, exemplified by collaborations with major brands like Shell [3][5] Group 4: Industry Impact - The head effect in the automotive aftermarket is becoming more pronounced, with Tuhu attracting more high-profile product launches, which in turn draws more users to the platform [4] - The "Tuhu Era" is characterized by a three-dimensional engine model of "channel network × data intelligence × supply chain," driving efficiency and innovation in the automotive aftermarket [5]

Group 1 - The core viewpoint of the article highlights the financial performance and market position of Delian Group, which operates in the automotive fine chemicals sector [1] - As of March 28, Delian Group's stock closed at 4.92 yuan, down 2.77%, with a rolling PE ratio of 54.58 times and a total market capitalization of 3.877 billion yuan [1] - The average PE ratio for the chemical products industry is 46.67 times, with a median of 35.25 times, placing Delian Group at the 126th position in the industry ranking [1] Group 2 - As of February 28, 2025, Delian Group had 34,876 shareholders, a decrease of 4,572 from the previous count, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares per shareholder [1] - Delian Group specializes in the production and sales of automotive fine chemicals, with products categorized into consumable and non-consumable types, including essential automotive fluids and adhesives [1] - The latest financial report for the third quarter of 2024 shows that the company achieved a revenue of 3.485 billion yuan, a year-on-year decrease of 13.26%, while net profit was 78.41 million yuan, reflecting a year-on-year increase of 52.42%, with a gross profit margin of 14.19% [1]