On April 10, the China Automobile Dealers Association published the "Development Report on China's Automobile Circulation Industry". The report reveals that by the close of 2024, the nationwide network of automobile 4S stores had contracted to 32,878, representing a 2.7% year-on-year decrease and marking the first dip in store count in nearly four years. Notably, 2024 witnessed the withdrawal of 4,419 4S stores from the network, with independent brands accounting for the lion's share at 65%, joint venture brands comprising 29%, and luxury brands making up just 6%. Lang Xuehong attributes this trend primarily to the network optimization undertaken by some traditional fuel vehicle brands and the strategic channel adjustments made by new energy brands like Yudo and Nezha Auto. From an energy perspective, an overwhelming 93% of the stores that exited the network were from traditional fuel vehicle brands.