1. 97 Companies! Sichuan Nanchong Bus Company, Ziyang Urban Construction Group, and Xinruili Sign Strategic Cooperation Agreements
2. Zhou Junbo, Deputy Secretary of the Pinghu Municipal Party Committee and Mayor, and his delegation visited Oudien for research and guidance
3. Strong Alliance, Building a New Chapter | Dick Chemical and SGS Sign Strategic Cooperation Agreement
4. Stop Focusing on the Intensive Competition of Fuel Vehicle Modification! These 3 New Tracks are Quietly Draining Your Customer Base!
5. Brief Analysis of the Used Car Market in October 2025
[97 Companies! Sichuan Nanchong Bus Company, Ziyang Urban Construction Group, and Xinruili Sign Strategic Cooperation Agreements]
With the construction of the Chengdu-Chongqing Twin-City Economic Circle gaining momentum and showing results, Xinruili is accelerating its layout in Sichuan and Chongqing, deepening its “state-owned enterprise strength + private enterprise vitality” model. On November 10, Chongqing Xinruili Intelligent Connectivity Technology Co., Ltd., a joint venture between Chongqing Transportation Investment Group and Xinruili, was registered and established; on November 12, Xinruili signed strategic cooperation agreements with Nanchong Bus Company and Ziyang Urban Construction Group respectively.
Ziyang Urban Construction Group is a “comprehensive urban operation service provider” with 15 wholly-owned and holding second-tier subsidiaries, forming a “1+3+N” business layout; Nanchong Public Transport Company is a first-tier state-owned enterprise under the municipal government, mainly engaged in public transport and diversified travel services. Sichuan and Chongqing are the third largest automobile industry cluster in China, and Ziyang is the heart of the Chengdu-Chongqing region.
This cooperation combines the strengths of both parties to help upgrade the automobile industry in Sichuan and Chongqing. To date, Xinruili has cooperated with 97 public transport companies in 24 provinces across the country. This signing signifies its determination and strength to deepen its national network and promote high-quality development of regional public transport.
[Pinghu Municipal Party Committee Deputy Secretary and Mayor Zhou Junbo and his delegation visited Oudien for research and guidance]
On November 6th, Zhou Junbo, Deputy Secretary of the Pinghu Municipal Party Committee and Mayor, led a delegation to Oudien for research. Relevant officials from the Municipal Government Office, Economic Development Zone, and Economic and Information Bureau accompanied them, and Zhang Tingyue, General Manager of the company’s Business Unit One, and others received them.
The research team visited the Wuzhou Road factory, gaining a deep understanding of the intelligent equipment, production processes, and sales volume in the workshops. At the symposium, Mayor Zhou focused on inquiring about the company’s operating conditions, the impact of US tariffs, and the progress of the “Digital Transformation Project for 1.5 Million Automobile Constant Velocity Drive Shafts Per Year” and the progress of equipment upgrade subsidies.
This project, approved as a “Two New” subsidy project, aims to enhance the automation level of the production line through factory upgrades, the replacement of old equipment, and the introduction of intelligent equipment. Upon reaching full production capacity, it will strengthen the company’s market competitiveness. O’Dien stated that it will use this research visit to accelerate project progress, increase R&D investment, and contribute to the high-quality development of Pinghu’s manufacturing industry.
[Strong Alliance, Building a New Chapter | Dick Chemicals and SGS Sign Strategic Cooperation Agreement]
Recently, Zhangjiagang Dick Automotive Chemicals Co., Ltd. (Dick Chemicals) and SGS signed a strategic cooperation agreement, based on the principles of “science, fairness, integrity, and win-win,” to promote the standardized development of testing and technical services for automotive fine chemicals and new energy chemical materials.
The collaboration focuses on three core product categories: coolant (including fuel vehicles, new energy vehicles, energy storage, and other scenarios), brake fluid (conventional and high-end ester-based products), and windshield washer fluid (national standard compliance verification); it also outlines six services, including standard compliance testing, testing method development, third-party certification, and professional training.
Dick Chemicals has deep expertise in the fine chemicals field, while SGS is a leading international testing and certification organization. The two parties will integrate their strengths to enhance the quality stability of Dick Chemicals’ products, improve SGS’s scenario-based service capabilities, and promote the standardization of industry testing standards through cooperation. They will continue to deepen their cooperation in the future to help the industry upgrade quality and achieve sustainable development.
[Stop focusing on the fierce competition in fuel vehicle modification! These 3 new tracks are quietly draining your customers!]
On March 14, 2026, the China New Energy Vehicle Modification Industry Summit Forum and the Automotive Customization and Modification Ecosystem Conference will be held in Conference Room E202 of Phase II of the Beijing New International Exhibition Center. The conference is hosted by the China Association of Automobile Manufacturers Automotive Modification Branch and Yasen International, and is expected to attract 300-350 attendees. The theme is “Breaking the Mold, Symbiosis, and Long-Term Development.”
Attendees will gain three key business advantages: the release of the “2026 Three Growth Engines for the Modification Industry” trend report; access to the “High-Quality Development Co-creation Platform for the Modification Industry” to connect with OEMs and other resources; and efficient negotiations in the new energy/MPV/pickup/off-road segmented matchmaking areas.
The agenda focuses on profitability: The morning session analyzes the profit model of new energy vehicle modification, OEM collaboration, and local traffic conversion; the afternoon session discusses high-value MPVs in third-tier cities, pickup truck deployment priorities, the integration of off-road and trendy features, and the “five-step method” for overseas modification. Suitable for chain/individual store managers, entrepreneurs in new sectors, and OEM cooperation teams.
【Brief Analysis of the Used Car Market in October 2025】
In October 2025, the national used car transaction volume was 1.7579 million vehicles (down 2.03% month-on-month, up 2.71% year-on-year), amounting to 110.954 billion yuan; the cumulative transaction volume from January to October was 16.4907 million vehicles (up 3.53% year-on-year). The market exhibited a “rise and fall” pattern, with the average price stabilizing at 63,100 yuan. The outbound relocation rate reached 33%, a near three-year high, while the transfer rate to other regions increased both year-on-year and month-on-month to 33.1%.
Vehicle type differentiation was significant: MPVs and commercial vehicles (buses and trucks) saw substantial year-on-year growth, while passenger vehicles showed mixed trends. Vehicles aged 3-6 years accounted for 42.83% of the market, making them the mainstay, while vehicles over 7 years old accounted for 30%. Transaction volume decreased month-on-month in all six major regions, with more significant declines in North China and Northwest China.
Post time: Nov-20-2025
