On August 21, 2019, the first second-hand car export business in Qingdao was successfully cleared and released by our company Qingdao Xinhuajin Automobile Trade Co., Ltd! This marks the official launch of second-hand car export business in Qingdao!
Hiking Group took advantage of its decades of international trade to seize the opportunity of second-hand car export. After Qingdao became a pilot area for second-hand car export, it invested 100 million yuan to establish a wholly-owned subsidiary, Qingdao Hiking Automobile Trading Co., Ltd., in Qingdao West Coast New Area, and actively carried out the application for pilot enterprises for second-hand car export.
On July 8, 2022, upon the review of Qingdao Municipal Bureau of Commerce, Qingdao Xinhuajin Automobile Trade Co., Ltd. was identified as one of the first batch of “Qingdao used car export enterprises” and was publicized. On July 19, Qingdao Municipal Bureau of Commerce reported to the Ministry of Commerce the Letter on Application for Filing of Qingdao Used Car Exporters (QSHZ [2019] No. 18). Our company, as one of the first batch of “Qingdao Used Car Exporters”, filed for the record, and Xinhuajin officially launched the used car export business. On August 15, Qingdao Xinhuajin Automobile Trade Co., Ltd. obtained the second-hand car export license issued by the competent commercial department, which is the first second-hand car export license of the company. The second-hand car export business is the second-hand car sales business carried out by Qingdao Hiking Automobile Trading Company and an automobile company in Dubai, United Arab Emirates.