1.5T New Energy Vehicle

Headquartered in Chengdu City, Sichuan Province, Zhongxinhai Group is a prominent enterprise with 15 subsidiaries, over 200 management and technical personnel, and a workforce exceeding 2,000 employees. With over 20 years of development, the group has successfully adjusted its industrial structure, diversified its operations, and emerged as a renowned enterprise in real estate development, automobile 4S industry, industrial manufacturing, and construction engineering.

Chengdu Zhongxinhai Industrial Group Co., Ltd., established in 2009 and located in Chengdu, Sichuan Province, is a prominent group company with car sales and auto parts production as core businesses. With over 400 employees, our car business division holds brand authorizations from more than 30 renowned manufacturers such as Volkswagen, BYD, Hongqi, Zeekr, Lixiang, and more. Annually, we successfully sell over 10,000 cars in China, resulting in revenues exceeding $200 million. Over the past year, we achieved remarkable success by exporting 3,000 cars, generating an impressive export value exceeding $100 million. During the first half of this year, we have already exported 2,000 cars. In addition, our participation as the sole exclusive car industry representative from Sichuan Province at the previous Canton Fair highlights our strong presence in the market. Moreover, we currently possess a substantial inventory of over 1,000 cars and maintain a strong working capital exceeding $50 million. In our pursuit of expansion, we are actively seeking opportunities for large-scale car distribution partnerships. It is noteworthy that we hold a comprehensive car export license and possess abundant logistics resources as well.