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Exploring Major Auto Parts Markets to Advance the Group’s Overseas Strategy

On June 24, 2025, Chairman He Xitian, together with Gan Wei, General Manager of the Used Vehicle Division, Yang Kaixiang, General Manager of the Recycling Division, and other members of the delegation, conducted an in-depth inspection of Guangyuan Zhiyou Auto Parts Market and Guangzhou Huadu (Kaitong) Auto Parts Market.

Guangyuan Zhiyou Auto Parts Market hosts dismantled auto parts sourced from around the world and is recognized as the largest used and dismantled auto parts market in China. The delegation visited multiple sections of the market, held discussions with major auto parts merchants, and explored potential cooperation opportunities with selected vendors.

This inspection provided crucial market insights to support the Group’s next phase of overseas business expansion. Chairman He encouraged the company’s business development team to actively visit markets, identify opportunities on the ground, broaden their thinking, and continuously contribute momentum to the Group’s healthy and sustainable business growth.

2025.06.27