From December 12 to 13, the "2023 China Automobile Consumption Promotion Conference and China Car Dealers Annual Meeting" hosted by the All-China Federation of Industry and Commerce Automobile Dealers Chamber was successfully held in Hangzhou. Leaders from the All-China Federation of Industry and Commerce, relevant functional departments of national ministries and commissions, major automobile dealer groups, automobile OEMs, new car-making forces, financial institutions, research institutions, industry experts, business entities, and related media gathered together to discuss industry trends, promote automobile consumption, and boost development confidence.

The conference grandly announced the "2023 Top 10 Enterprises in Digital Empowerment and New Retail for the Automobile Circulation Industry", with Baturu and 10 other companies including Autohome and EasyCar making the list.

△Baturu Wins 2023 Top 10 Digital Empowerment Enterprises in China Automobile Circulation Industry

The automobile consumption market is large in scale, has great potential, and has a strong industrial driving effect. Promoting automobile consumption plays a positive role in stabilizing China's overall consumption landscape and promoting high-quality development of the industrial chain. Automobile sales is an important link in driving automobile consumption, automobile dealers are important market players in promoting automobile consumption, and also key participants and implementers in implementing automobile consumption policies.

As a digital infrastructure service platform, in terms of digital empowerment in the automobile circulation industry, Baturu has recently provided automobile dealers with practical and feasible cost-reduction, efficiency-improvement, and new growth paths through digital solutions for parts centralized procurement.

In the current era of stock competition, after-sales revenue has become a "symbol of prosperity or decline" determining the survival quality of automobile dealers, while the key business area for after-sales profits and growth—parts—has many management difficulties and pain points. Low standardization in supplier and parts management, opaque pricing, plus high dependency on manual labor leading to hidden management and operational costs, have affected the long-term healthy development and sustained growth of dealer groups' after-sales business.

The parts centralized procurement digital solution provided by Baturu for automobile dealer groups is based on nearly ten years of self-operated data, systems, supply chain, and operational capabilities in the auto parts supply chain digital infrastructure. With SaaS services as the cornerstone, it helps dealers build their own digital centralized procurement management platform, enabling the entire procurement process of all stores under the group to be online.

At the same time, combining the group's own supply chain with Baturu's high-quality supply chain can help the group achieve lower-cost, high-quality parts procurement sourcing. Through digital management and supply chain optimization upgrades, it helps the group build a transparent, efficient, low-cost parts supply chain system, ultimately achieving efficiency improvement and cost reduction.

Baturu Vice President Chen Jikai introduced during his special sharing at the meeting that Baturu has currently reached deep cooperation with nearly 60 large automobile dealer groups nationwide, helping groups reduce procurement costs by at least 10% and improve efficiency by more than 30%. Next, Baturu will expand to other sectors of after-sales business such as supplies with parts procurement management as the entry point, to build a comprehensive after-sales service platform for dealer groups.

△Baturu Vice President Chen Jikai

In industry digitization, Baturu has always been a pioneer and benchmark. Currently, it has deeply connected and served over 120,000 industry entities through digital infrastructure output, including auto parts factories, distributors, automobile dealers, repair chains, used car dealers, mobility platforms, social repair shops, etc., driving industry entities to "go online and transform".

In the future, Baturu will adhere to the original aspiration of "committed to the digitization and intelligence of transactions and services in China's automotive aftermarket", do the "underwater work" required behind industry digitization, continuously output platform capabilities to various entities upstream and downstream of the industry, and assist more enterprises to deeply participate in supply chain competition and achieve new growth through digital power.