十一国庆假期，国内最专业的越野赛事之一——第20届越野e族英雄会将在阿拉善巴丹吉林沙漠旅游区 举行。基于京东汽车与越野e族的深度战略合作，此次英雄会由双方联合主办，并进行重磅升级，不仅 打造国内最顶级的越野赛事，也将通过丰富多元的越野生态展区、文娱互动体验等让大家一起尽享越野 乐趣。 活动将从10月1日持续至10月5日。京东作为活动唯一官方报名渠道，广大车友可登录京东App搜索"全 民越野"免费报名，享受京东专属营地、补给包等5大VIP权益。同时，京东养车作为第20届越野e族英雄 会官方合作养护品牌，全国近3000家门店将全程为参赛选手和用户提供有保障、更专业的服务。此外， 京东汽车还联合百大知名品牌推出线上越野主题会场，无法到场的用户也可通过直播关注赛事活动，并 畅享低至5折的越野商品及服务。 赛事、展会全面升级，打造年度越野盛会 作为延续20年的国内越野领域顶级盛事，本届越野e族英雄会与京东汽车深度携手，落地内蒙古阿拉善 右旗巴丹吉林沙漠旅游区。活动核心围绕"最野营地、最爽竞逐、最炸现场、最美路线、最值补给"五大 亮点，整合四大专属营地、超级T3竞技、百万大奖角逐、DREAMLAND电音节、经典越野路线体 ...

Core Insights - Tuhu reported a revenue of 7.88 billion RMB for the first half of 2025, marking a year-on-year growth of 10.5%, with an accelerated growth rate compared to the same period last year [1][2] - The adjusted net profit reached 410 million RMB, reflecting a year-on-year increase of 14.6% [1][2] Financial Performance - Revenue: 7.88 billion RMB, up 10.5% from 7.13 billion RMB in 2024 [2] - Gross Profit: 1.98 billion RMB, with a gross margin of 25.2%, compared to 1.85 billion RMB and 25.9% in 2024 [2] - Adjusted EBITDA: 483 million RMB, representing a 7.5% increase [2] - Operating Profit: 222 million RMB, with an operating margin of 2.8% [2] User Growth and Market Position - Registered users reached 150 million, a year-on-year increase of 18.8% [3] - The number of transaction users over the past 12 months was 26.5 million, up 23.8% [3] - Average monthly active users on the app were 13.5 million, reflecting a growth of 17.5% [3] - User repurchase rate improved to 64%, with service satisfaction exceeding 95% [3] Expansion and Strategic Initiatives - Tuhu expanded its workshop network to 7,205 locations, increasing coverage in counties with over 20,000 passenger vehicles to 70% [3] - The company invested in support for franchise stores, launching initiatives like "10 Billion Subsidy" and "New Store Enhancement Plan" to boost operational vitality [5] - AI tools were further integrated to enhance management precision and improve customer experience, leading to significant improvements in pre-sale conversion rates and customer satisfaction [5] Supply Chain and Logistics - Tuhu invested in supply chain automation, launching the first fully automated retail warehouse in Guangzhou, reducing labor costs by 60% and increasing efficiency by 2.5 times [7] - Logistics performance improved, with same-day and next-day delivery rates reaching 83% and fulfillment cost rates decreasing by 0.5 percentage points [7] - The fast repair business saw revenue growth exceeding 60%, becoming a new growth driver [7] New Energy Business - The number of transaction users in the new energy sector rose to 3.4 million, a year-on-year increase of 83.5%, accounting for over 12% of total transaction users [7] Management Commentary - The CEO emphasized a consumer demand-driven approach, focusing on service quality and core business to achieve high-quality development [7] - The CFO noted that revenue growth accelerated compared to the previous year, with continued leadership in store and user growth, and highlighted ongoing investments in operational efficiency and cutting-edge technology [7]