Significant Increase in Retail Transaction Volume
Quarterly retail transaction volume reached 6,005 units, a 47% sequential increase and 163% year-over-year growth.
Improved Inventory Turnover and Gross Profit Margin
Inventory turnover days maintained below 30 days, significantly lower than the industry average, and gross profit margin expanded to 7%.
High Customer Satisfaction
Net Promoter Score rose to 66%, maintaining the highest level in the industry for 11 consecutive quarters.
Recognition as Corporate Standard Leader
Named a corporate standard leader in China's used car industry by 8 government inter ministries.
Expansion of Superstore Model
Entered corporate agreements with Zhengzhou and Wuhan, with superstores expected to commence operations next year.
Adjusted EBITDA Profitability at Superstore Level
Achieved adjusted EBITDA profitability at the superstore level with plans for company-wide profitability in the next quarter.