Guanghui Automobile
Guanghui Automobile
Guanghui Auto Service Co., Ltd. (hereinafter referred to as Guanghui Auto) is a passenger car dealership and service group, and is also a car dealer with a larger market value in the world and a car dealer with a higher profit in the world. It is a larger passenger car financing leasing provider in China and a larger used car dealer among Chinese car dealers. In June 2015, Guanghui Auto successfully entered the A-share market with the stock code 600297.SH. In June 2016, it successfully invited the acquisition of the Hong Kong listed company Baoxin Automobile Group Co., Ltd. with the stock code 01293.HK.
In 2016, the company achieved operating income of approximately RMB 135.4 billion and sales of new cars were approximately RMB 825,000 units. As of December 31, 2016, Guanghui Automobile had a total of 733 business outlets and 674 4S stores, covering 28 provinces, autonomous regions and municipalities across the country.
Guanghui Auto focuses on the central and western regions with development potential in China and has obvious location advantages. At the same time, the company has extensive brand coverage in China, has established solid cooperative relations with major Chinese auto manufacturers, and has signed strategic cooperation agreements with some auto manufacturers, providing guarantees for the company to further expand its business scale.
Guanghui Automobile has a high profitability in the development of passenger car financing leasing industry. Relying on passenger car sales and after-sales service platforms, passenger car financing and leasing business can also further promote synergies between various businesses.
Guanghui Auto seizes the development opportunities of China's used car market and vigorously develops used car transaction agency service business. At the same time, the company has launched a number of innovative businesses such as the "Guanghui Certified Used Cars" brand service and the "Guanghui Used Car Online Trading Platform", which has enhanced the company's comprehensive strength.
Relying on its vast business scale and extensive sales network, Guanghui Automobile has the ability to provide customers with one-stop comprehensive services covering the life cycle of automobile services, including complete vehicle sales, car rental, used cars, maintenance, commission agents, etc.
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