据财联社主题库显示，相关上市公司中：Shanghai has released the "Action Plan for Accelerating Automobile Renewal Consumer (2024-2027) in Shanghai", which specifies that the average age of second-hand cars in Shanghai will be reduced by one year by 2027. The volume of second-hand car transactions will reach 0.9 million units, an increase of 50% compared to 2023.
Shanghai Municipal Government has released the Action Plan for Accelerating Automobile Consumption Renewal in Shanghai (2024-2027), which will accelerate the renewal of vehicles, optimize the structure of the automobile market, and promote the consumption renewal of automobiles. The Action Plan specifies that by 2027, the average vehicle age of second-hand cars traded in Shanghai will be reduced by one year. The number of second-hand car transactions is expected to reach 0.9 million units, a 50% increase from 2023; the number of second-hand car exports is expected to reach 0.015 million units, double the amount exported in 2023; and the number of scrapped car recoveries is expected to reach 0.05 million units, double the amount recovered in 2023. In 2024, a one-time lump-sum subsidy will be given to individuals who scrap National Emission Standards III or lower gasoline passenger cars or new energy passenger cars registered before April 30, 2018, and purchase eligible new energy or gasoline passenger cars.
According to statistics from the Ministry of Public Security, as of the end of June 2024, the total number of vehicles in China has reached 0.345 billion, with an annual average of more than 20 million cars registered in the past decade, which ranks first in the world in terms of total and incremental number. When the number of vehicles reaches a certain level, the second-hand car market begins to pick up, which is a universal law of car consumption worldwide. Second-hand cars are an important part of the entire life cycle of automobiles. Revitalizing the circulation of second-hand cars can activate the stock of automobiles, drive the growth of new car consumption, promote the automotive after-sales market, and play a crucial role in promoting hierarchical consumption of automobiles.
According to the Financial Data Center, among related listed companies:
Subsidiary of West Shanghai, West Shanghai Automotive Service Co., Ltd. engages in the sale of used cars, distribution, and brokerage of used cars.
Shanghai Material Trading's business includes sales and services of second-hand cars, and the trading volume is in a leading position in Shanghai.
