May 27, 2022 Leave a message

Geely Auto (00175) and People's Zhixing, a subsidiary of China Auto Market (01490) Holdings, have reached a cooperation to jointly develop the government travel market

Geely Auto (00175) and People's Zhixing, a subsidiary of China Auto Market (01490) Holdings, have reached a cooperation to jointly develop the government travel market

Source of information: qqqooo.com Time: 2021-09-26 Views: 865


Zhitong Finance APP was informed that recently, Geely Automobile (00175) and the online auto market (01490) holding company - People's Zhixing (company name "Zhonganxin Zhixing") officially signed an agreement, Geely authorized People's Zhixing to sell Geely Auto's various subsidiaries nationwide. brand model. According to the agreement, the business scope of People's Zhixing's authorized sales includes: official vehicles for government and enterprises, leased vehicles (including financial leasing), taxis, online car-hailing, tools and work vehicles; the authorized sales of Geely automobile brands involve: Borui , Jiaji, Emgrand, etc.


The cooperation with Geely Automobile Group marks that the online auto market, as an "industry linker", has entered the implementation stage of the centralized automobile procurement project, and the business field has extended from providing advertising and marketing services for automobile manufacturers to new car sales and automobile whole-chain services.


Geely Auto is a subsidiary of Geely Holding Group. Geely Holding has been ranked among the Fortune Global 500 for the tenth consecutive year, and it is also the only Chinese private automobile group on the list. In 2020, Geely Holding Group's total vehicle sales exceeded 2.1 million units, and Geely Automobile ranked first in sales of Chinese brand passenger vehicles for four consecutive years. In the first half of 2021, Geely Automobile's self-owned segment sold more than 600,000 vehicles, a year-on-year increase of nearly 23%. Among them, the sales volume of Geely Boyue and Emgrand are leading, becoming the main sales force of Geely's independent segment.


Mr. Xu Chong, chairman of the board of directors of the online auto market, said that after the online auto market was listed on the main board of Hong Kong in January this year, People's Zhixing and the shareholder People's Daily - People's Daily Online (603000, stock bar) explored in-depth cooperation projects in the field of smart travel. He said that the online car market will jointly expand the market of local governments, large enterprises, scientific research institutes, colleges and universities, medical institutions, and online car-hailing platforms by exploring, guiding and meeting the needs of leasing companies, providing services for the reform of official vehicles and smart travel. "One stop" solution.


Mr. He Xiaochuan, general manager of People's Zhixing, said that at present, People's Zhixing is still discussing various cooperation models with auto manufacturers, including the use of authorized leasing companies to provide channel support such as test rides and test drives for manufacturers' new cars to serve potential customers; Cooperation at the data level helps OEMs better understand customer needs, explore customized models, meet customers' individual needs, and help OEMs improve efficiency; at the same time, jointly explore innovative models of automotive aftermarket services and continuously optimize customer experience.


People's Zhixing is committed to becoming the largest government-enterprise smart travel service platform in China, using 5G big data, based on the Internet technology platform, and relying on data-based information services to provide party and government agencies, large enterprises, scientific research units, colleges and universities, medical institutions, etc. One-stop travel solution. The core shareholder of People's Zhixing is Online Auto Market Holdings, a company listed on the main board of Hong Kong. The online auto market shareholders include: People's Daily - People's Daily Online, Weibo, Legend Holdings - Hony Capital. As of July 2021, People's Zhixing has established trade service and transportation capacity cooperation with more than 1,000 car rental companies.


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