- CEO
- Min Chen
- Full Time Employees
- 4,657
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Building 1 9th Floor166 Minhong Road Minhang District Shanghai, China Shanghai SH China
- IPO Date
- Sep 26, 2023
- Business
- TUHU Car Inc. (9690.HK) operates as an integrated online and offline platform providing automotive products and services in China. The company offers tires and chassis parts; auto maintenance services including fluid chemicals, storage batteries, maintenance accessories, and offline maintenance; auto repair, car detailing, and automated car wash machines and products; auto accessories; new energy vehicles and used cars with transaction services; and additional services such as advertising, franchise operations, insurance brokerage, agency services, and software-as-a-service solutions, delivered through the TUHU Automotive Service app, website, Weixin mini programs, and physical stores. It also operates Qipeilong for auto parts sales and focuses on standardized aftermarket services for most passenger vehicle models, targeting car owners with digitalized, on-demand experiences. Founded in 2011 and headquartered at 9/F, Building 1, 166 Minhong Road, Minhang District, Shanghai, China, TUHU Car primarily serves the domestic market with approximately 4,500 employees. Recent developments include expanded store openings exceeding 1,000 annually in 2024 and 2025, emphasizing lower-tier cities; strategic partnerships such as the Genuine Oil Protection Alliance with global lubricant brands including Mobil, Castrol, Shell, Fuchs, Idemitsu, and Valvoline; a cooperation agreement with FUCHS China for PENTOSIN series products and HYLUBS engine oil certification; collaborations with Dongfeng South, PetroChina, and Sinopec yielding scale effects with 14 workshops secured; and robust H1 2025 financials with revenue up 10.5% to RMB7.877 billion and adjusted net profit up 14.6% to RMB410 million, driven by over 60% growth in quick repair services and 24% rise in transacting users to 24 million.