Quzhou Zhuocheng Automobile Service Co., Ltd.

Yiwu Xinglian Automobile Service Co., Ltd. is an emerging export trading company established in 2022. The company primarily engages in new retail of automobiles, sales of new energy vehicles, second-hand car sales, car rentals, and overseas export trade. The founding team of the company are early promoters of China′s second-hand car export business and have stable channels and resources for overseas customer development and cooperation. Currently, it has become one of the largest second-hand car export companies in China, with business covering the entire automotive industry chain and sales spanning 56 countries and regions worldwide.

Xinglian Automobile sells over 3, 000 cars annually on average, with main brands including Volkswagen, Geely, Tesla, Toyota, Audi, Leapmotor, and Chery Exeed. The company team mainly consists of members from Quzhou Zhuocheng Used Car Market, FAW-Volkswagen Hangzhou Dealers, Zhejiang Xinglian, etc.

Quzhou Zhuocheng Automobile Service Co., Ltd. Was established in September 2022 and is located at 1077 Sanqu Road, Qujiang District, Quzhou City, Zhejiang Province. It has a registered capital of 10 million yuan and is a wholly-owned subsidiary of Quzhou Old Vehicle Trading Center Co., Ltd. The Quzhou Old Vehicle Trading Center Co., Ltd. Founded the Quzhou Used Car Trading Market, which is a key professional market designated by the Quzhou Municipal Government for second-hand car trading. The market covers an area of 33, 350 square meters with a building area of 22, 000 square meters, including 12, 000 square meters of operating rooms, a 6, 000 square meter indoor premium exhibition hall, and 26, 400 square meters of operating grounds. The total investment for the construction was 160 million yuan. The market currently has one appraisal and evaluation company, one third-party inspection agency, more than 120 on-site business merchants, nearly a thousand employees, and over 1, 000 display vehicles.