Qingdao Hiking Automobile Trading Co., Ltd. (hereinafter referred to as “Xinhua Jin Automobile”) attended the recently held Qingdao Automotive Industry General Assembly. As the vice president unit of Qingdao Automobile Industry Federation, Hinking Automobile advocates that all parties involved in the Qingdao second-hand car export industry chain work together to seek a new chapter in the “group going global” of second-hand cars.
Hiking Automobile, as one of the first pilot enterprises for second-hand car export in China, continuously promotes the development of second-hand car export business with its profound industry experience, excellent resource integration ability, professional team support, and continuous innovation spirit. The company not only holds a leading position in the domestic market, but also has established a good reputation in the international market. At present, Xinhua Jin Auto’s business has covered multiple countries and regions such as the Middle East, Central Asia, Africa, Southeast Asia, and Europe, forming a wide sales network and channel system. In recent years, the company’s export volume has continued to grow and remains at the forefront of the industry. Especially in 2023, the number of exported vehicles will increase fivefold year-on-year, with a transaction volume exceeding 100 million US dollars, further consolidating its competitiveness and influence in the international market.
At this conference, Hiking Automotive shared the industry development process since the launch of the pilot program for China’s second-hand car exports, with a focus on the huge challenges and future development trends faced by the industry after the comprehensive opening of pilot qualifications this year. Especially since the establishment of the Qingdao Automobile Industry Second hand Car Export Working Committee on March 15th this year, Hiking Automobile, as the leading unit of the committee, has convened multiple special meetings with industry peers. Everyone actively provided suggestions on how to expand and strengthen the automobile export business, and unanimously agreed that in the face of the increasingly fierce internal competition in the domestic automobile industry chain, going global is not only a way to break through the impasse, but also a key path to promote industrial upgrading. The company firmly believes that the era of going it alone is over. Only by cooperating in the face of complex and changing international situations and market environments can we achieve stability and long-term success.
Looking ahead to the future, Hiking Automobile will continue to adhere to the principles of open cooperation and mutual benefit, and encourage industry colleagues to fully utilize the platform of the Qingdao Automobile Industry Federation to jointly participate in the work of the Qingdao Automobile Industry Second hand Car Export Working Committee. By deeply integrating industry resources, from vehicle inspection, evaluation, maintenance to logistics transportation, overseas marketing and other links, a comprehensive and full chain service system is built to provide solid support for the export of second-hand cars, jointly promote the development of the second-hand car export industry, and make China’s second-hand cars shine more in the global market.
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Hiking Motors looks forward to cooperation and win-win cooperation in going global
Qingdao Hiking Automobile Trading Co., Ltd. is one of the first pilot enterprises for second-hand car exports in China, a vice president unit of Shandong Second hand Car Export Association, and a vice president unit of Qingdao Automobile Industry Federation. The registered capital of the company is 133 million RMB, and it is an exclusive company established by Hiking Group to carry out the export business of second-hand cars. It belongs to the A-share listed company Shandong Hiking International Co., Ltd. (600735). The main business of the company is to integrate upstream and downstream resources of domestic and foreign automobile exports, provide one-stop supply chain supporting services throughout the entire process, and aim to build a comprehensive service platform for Chinese automobile exports to help the development of China’s automobile export industry. Xinhua Jin Auto’s export models include fuel vehicles and new energy vehicles, covering a variety of models from major brands such as passenger cars, commercial vehicles, and industrial vehicles, and has established its own network channels worldwide; Export regions mainly include SCO countries and countries and regions along the the Belt and Road, and export to Japan, Belgium and other developed countries. The company has branches in multiple countries and regions such as Japan, South Korea, and the Shanghai Cooperation Zone. It has invested in CARCHS, a used car company listed on the Tokyo Stock Exchange in Japan, and has abundant overseas procurement and sales channels; At the same time, we have deepened cooperation with major automakers and second-hand car dealers in China, establishing our own vehicle source system and second-hand car export inspection standard system.
