Guangdong Delian Group Co., Ltd. (002666.SZ) launched its first 2S shop in Shanghai and signed agreements with more than 100 regional car maintenance service providers, to exploit the automobile after-sale service market.
The company plans to enroll 400 regional service providers and 20,000 authorized 2S shops throughout the country by 2017, to provide services for more than ten million car owners nationwide.
The 2S shops are the outlets that provide spare parts and services. Delian's 2S shops adopt a new service mode and provide specialized services for car owners. It is expected to help the company enter China's automobile after-sale service market rapidly.
Statistics show China's automobile after-sale service market registered a market scale of 600 billion yuan last year, with the gross profit margin hitting as high as 50-60 percent. In the next ten years, the market scale is expected to hit five trillion yuan.
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