Autozi Internet Technology is a China-based automotive aftermarket company that connects auto parts manufacturers with a network of branded auto service stores ("MBS stores") and, through them, vehicle owners. Autozi operates primarily in lower-tier cities, counties, and townships in China, where large national chains and manufacturer-authorized dealerships have limited presence. Autozi's core business — now essentially its only business — is sourcing auto parts and accessories directly from manufacturers and distributing them to its MBS store network, which the MBS stores then sell and install for vehicle owners. Brands include Shell, Mobil, and Castrol, alongside Autozi's own private-label lubricants, batteries, filters, and brake pads. Autozi uses an S2B2C model (Supplier → Business → Consumer), earning a margin on parts sold to MBS stores rather than charging SaaS subscription fees. To deepen store reliance on its supply chain, Autozi provides MBS stores with a free proprietary SaaS platform covering store management, inventory, ordering, and financing. As of December 2025, Autozi had 66 MBS stores across four cities, down from 150 a year earlier. The company previously sold parallel import cars and new energy vehicles and offered automotive insurance intermediary services, but suspended both businesses due to cash constraints and their lower margins relative to parts distribution. Autozi completed its Nasdaq IPO in August 2024.
Read full business overview →Mid to long-term bullish thesis
View →Mid to long-term bearish thesis
View →Mid to long-term bull-bear debate
View → NEWSummary and scoring of the bull-bear debate
View →Find ideas with similar bull or bear theses
View →Investor-relevant company attributes
View →Key risks to the business
View →Comparisons of annual risk disclosures
View →