Autozi Internet Technology (Global) Ltd. is a leading lifecycle automotive service provider in China. The company provides high-quality affordable professional one-stop automotive products and services through online and offline channels nationwide. It leverages an online supply chain cloud platform SaaS platforms and a network of MBS stores to connect automotive manufacturers auto parts manufacturers insurance companies with MBS stores and automotive owners. The business operates under an S2B2C business model where suppliers are manufacturers and insurance companies businesses are MBS stores and customers are automotive owners. The company focuses on supply chain consolidation cost savings process synchronization digitalization optimization efficiency improvement and customer satisfaction enhancement. It has developed proprietary technology platforms that enable real-time inventory management smart storage and data-driven decision-making across the automotive transaction value chain. As of December 31 2025 the platform included 3,410 parts manufacturers 20,325 parts dealers 79,514 garages and 80 insurance companies. The company holds three registered patents 95 registered trademarks 77 registered software copyrights and six domain names. Its research and development team consists of 17 product managers led by a CTO with over ten years of industry experience. The MBS store network comprised 66 stores as of December 31 2025 covering four provinces and four cities in China primarily in third and fourth-tier cities and counties. The company achieved revenues of US$113.5 million US$124.7 million and US$122.8 million for the fiscal years ended September 30 2023 2024 and 2025 respectively.

Autozi Internet Technology (Global) Ltd. generates revenue through three primary business segments: new car sales auto parts and auto accessories sales and automotive insurance related services. Revenue is derived from the sale of parallel import vehicles new energy vehicle sales lubricants batteries filters brake pads antifreeze wiper blades chemicals and value-added maintenance claim and repair and insurance intermediation services. The company serves MBS stores passenger car buyers and owners and insurance companies as its core customer base. Revenue is generated through direct sales to end users and service fees collected from MBS stores and insurance partners. The company monetizes its platform by charging supply chain operation services for controllable supply chain participants including contracted suppliers and MBS stores rather than charging SaaS subscription fees. For the fiscal year ended September 30 2025 auto parts and auto accessories sales accounted for 99.2% of total revenue while new car sales contributed 0.8% and automotive insurance related services contributed nil due to temporary suspension of lower-margin segments to focus resources on higher-margin auto parts sales. In prior years revenue mix showed new car sales at 65.0% in 2023 and 44.8% in 2024 auto parts sales at 32.4% in 2023 and 54.9% in 2024 and insurance services at 2.6% in 2023 and 0.3% in 2024.

The company operates through the following segments: new car sales auto parts and auto accessories sales and automotive insurance related services.

• New car sales involves the sale of parallel import vehicles and new energy vehicles through cooperating MBS stores and direct channels. The company facilitates transactions by connecting buyers with importers managing customs documentation and providing delivery and after-sales support. Parallel import car sales contributed US$72.6 million US$55.6 million and US$0.9 million in revenue for fiscal years 2023 2024 and 2025 respectively. NEV sales generated US$1.0 million US$0.3 million and nil in the same periods. The company sources vehicles from major importers in Tianjin and has established joint ventures with Chinese automotive manufacturers to retail specific NEV models such as Jetour X70 and Chery eQ1. Sales are conducted through online marketing showroom visits and offline store displays with deposit-based purchase processes.

• Auto parts and auto accessories sales include lubricating oil battery filter brake pad antifreeze wiper blade chemicals and both first-tier and controllable brands. The company sources products from manufacturers and delivers them through regional dealers and MBS stores. Revenue reached US$36.8 million US$68.6 million and US$121.9 million for fiscal years 2023 2024 and 2025 respectively. The business leverages a supply chain cloud platform with smart storage enabled by IoT AI and 5G technology for real-time inventory visibility automatic replenishment and turnover efficiency. The company operates an asset-light model by contracting regional dealers who distribute products to downstream dealers or end users. It has received industry recognition including The Star of the Supply Chain Services 2022 and The Achievement Award of Automotive Services 2022.

• Automotive insurance related services encompass value-added maintenance claim and repair services and insurance intermediation. Value-added maintenance services include cleaning air conditioning minor maintenance inspection and scratch repair. Claim and repair services consist of road rescue damage assessment repair and claim settlement. Insurance intermediation involves promoting and handling compulsory third-party liability and passenger vehicle insurance. Revenue from this segment was US$3.0 million US$0.4 million and nil for fiscal years 2023 2024 and 2025 respectively. Value-added maintenance contributed US$2.4 million US$0.3 million and nil claim and repair services US$0.6 million US$0.1 million and nil. The company collaborates with insurance companies to deliver complimentary maintenance services and assist in claims processing. Since October 2022 the company gradually ceased providing insurance intermediation services.

Autozi Internet Technology (Global) Ltd. holds a leading position as one of the fast-growing lifecycle automotive service providers in China. The company benefits from an early-mover advantage in the automotive aftermarket industry and has built a comprehensive ecosystem integrating sales services and technology. Its competitive advantages include a proprietary supply chain cloud platform SaaS platforms and a scalable MBS store network that enables operational standardization and financial transaction management. The company differentiates itself through in-house technology innovation strong supplier relationships with leading auto parts manufacturers and a vertically integrated S2B2C model that synchronizes supply and demand. It faces competition from players operating overlapping or similar business components but maintains leadership through its focus on lower-tier cities NEV integration and data-driven supply chain optimization. The company’s strategy emphasizes MBS store network expansion supply chain strengthening service diversification and new energy vehicle partnerships to capture market trends.

The company’s customers primarily include MBS stores passenger car buyers and owners and insurance companies. As of the fiscal years ended September 30 2023 2024 and 2025 the company had 1,502 1,385 and 1,967 customers respectively. The five largest customers accounted for approximately 8.5% 10.5% and 10.2% of total revenue in those periods. The company serves a diverse base ranging from independent repair stores and auto parts dealers to individual vehicle owners and corporate insurance providers. It attracts customers through competitive pricing superior service and a robust SaaS platform integrated with its product and services catalog. The MBS store network serves as a key channel for reaching end customers in lower-tier cities where the company has concentrated its expansion efforts.