Core Viewpoint - Nanjing is set to add 62 new smart (self-service, automatic) car wash stations by 2025, enhancing its existing network of 226 stations to provide convenient and eco-friendly services to residents [1] Group 1: Expansion and Upgrades - The city will upgrade some old car wash stations while adding new ones, with a total of 62 new smart stations planned [1] - Currently, there are 226 established smart stations, including 132 automatic and 94 self-service stations, primarily located in commercial areas, parking lots, gas stations, and densely populated regions [1] Group 2: Service Features - At the self-service car wash point in Gulou District, users can start the washing process by scanning a QR code, with the entire process taking about ten minutes [1] - The stations are equipped with professional washing tools and cloths for detailed cleaning, and first-time users can enjoy a free trial service [1] Group 3: Environmental and Technological Innovations - The initiative addresses issues such as water waste, environmental pollution, and street occupation in traditional car washing [1] - The stations utilize advanced technologies like 3D visual scanning and laser radar sensors for precise identification of vehicle type, paint type, and dirt level, adjusting water pressure and brush speed to keep paint damage below 0.1% [1]

Core Insights - The appointment of Eric Landheer as the global CEO and Chief Strategy Officer of Xiaoyu Dida marks a significant strategic move for the company, leveraging his extensive experience in capital markets and technology companies [1][2] - Xiaoyu Dida has transitioned from a self-service car wash service provider to an integrated online and offline life service platform, generating most of its revenue from virtual rights products [1][2] - The company aims to expand its business model beyond car washing into the automotive aftermarket, targeting a market with significant growth potential [3] Company Overview - Xiaoyu Dida was founded in 2018 and is headquartered in Guangzhou, initially focusing on building smart self-service car wash stations to accumulate user traffic [1] - The company has developed over 2,000 smart car wash stations, which serve as data entry points for user behavior and vehicle status [2] - Xiaoyu Dida has invested over 60 million yuan in self-developed SaaS and private domain operation systems, positioning itself as a unique player in the industry [2] Market Context - The current car ownership in China has reached 340 million, with car wash frequency approximately double that of Europe and the U.S., providing a fertile ground for technological advancements [3] - In 2024, seven Chinese concept stocks have completed their listings in the U.S. through SPAC mergers, with a total valuation exceeding $16 billion, indicating international capital's recognition of China's new economic models [3] Future Plans - Eric Landheer's immediate focus will be on advancing the company's global financing plans and building a global team to expand into international markets [3] - The company aims to empower 1,000 to 2,000 traditional automotive service shops over the next 3 to 5 years, leveraging its digital platform to integrate services and enhance revenue streams [3]