China's leading automotive services market player TUHU-W (09690) surged 11% at the opening bell. On August 21, TUHU-W released its interim results for 2025 after Hong Kong market close, showing the company maintained its industry-leading position in revenue, user scale, and number of service centers during the first half, with its competitive advantages further expanding.
According to the financial results, TUHU-W recorded revenue of 78.8 billion yuan (RMB) in the first half, representing a year-over-year increase of 10.5% with accelerated growth compared to the previous year. Adjusted net profit reached 4.1 billion yuan, up 14.6% year-over-year. The cumulative number of transaction users over 12 months reached 26.5 million, growing 23.8% year-over-year, demonstrating accelerating user base expansion.
As of June 30, 2025, TUHU-W operated 7,205 service centers, with both scale and growth rate significantly outpacing China's automotive services market.
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