Core Points - The "Youth Automotive Service Talent Entrepreneurship Support Program" was organized by the China Youth Entrepreneurship and Employment Foundation to address the needs of young entrepreneurs in the automotive service sector [2][3] - The automotive industry in China is experiencing stable growth, with the new energy vehicle market expanding, creating new opportunities for youth employment and entrepreneurship [2] - By 2025, the total number of talents in energy-saving and new energy vehicles in China is expected to reach 1.2 million, with a talent gap of approximately 1.03 million [2] Group 1 - The meeting featured five representatives from different regions who shared their entrepreneurial experiences and feedback on their needs [2] - The foundation's support policies have effectively lowered industry entry barriers and alleviated operational pressures for young entrepreneurs [2] - The standardized operational system of Tuhu Car Service has simplified the process of opening a store, enabling entrepreneurs to achieve stable income [2] Group 2 - The Secretary-General of the China Youth Entrepreneurship and Employment Foundation emphasized the importance of maintaining confidence and social responsibility among young entrepreneurs [3] - Tuhu Car Service, in collaboration with the foundation, launched the support program offering substantial entrepreneurial subsidies, training, and mentorship [3] - Future plans include further assistance for young automotive service entrepreneurs and the continuation of the "New Youth Plan" to help more young people realize their entrepreneurial dreams [3]

Core Insights - The automotive service market in China is experiencing steady growth, with Tuhu Car Maintenance leading the way through standardized, transparent, and digital business models [1][3] Group 1: Business Performance - Tuhu Car Maintenance has established 7,205 workshop stores, with a profitability rate of 90% for stores open for more than six months [1][4] - As of June 30, 2025, 46% of franchisees own two or more stores, and the same-store user fulfillment has increased by 7% year-on-year [4] Group 2: Support for Franchisees - Tuhu launched a "1 billion subsidy, 10,000 stores together" initiative to enhance the resilience of franchise operations amid market adjustments [3] - The company is investing 1 billion yuan to lower entry barriers and is introducing a large-scale traffic engine to improve customer acquisition efficiency for new stores [3] Group 3: Youth Employment Initiatives - Tuhu, in collaboration with the China Youth Entrepreneurship and Employment Foundation, has introduced the "Youth Automotive Service Talent Entrepreneurship Support Plan" to attract young talent into the automotive service industry [3] - The "Tuhu New Youth" project aims to drive entrepreneurship and employment among young people in the automotive service sector [3] Group 4: Market Penetration - Tuhu's workshop stores are present in 320 prefecture-level administrative regions and 1,855 county-level administrative regions, achieving a 70% coverage rate in counties with over 20,000 passenger vehicles [4] - The company is focused on deepening market penetration and providing entrepreneurial and employment opportunities in the automotive service sector across the country [4]