Chengdu Babaozhou Automobile Service Co., Ltd.

Chengdu Babaozhou Automobile Service Co., Ltd. (hereinafter referred to as "Babaozhou"), established on October 30, 2018, has a registered capital of 50 million yuan and a paid-in capital of 70 million yuan. It is registered in Chengdu, Sichuan Province. "Babaozhou" is one of the used car export enterprises certified and filed by the Ministry of Commerce. It is a new auto retail brand jointly launched by PICC and Zhongzhibao Group. As the main sales entity for direct leasing business and the fixed asset holding entity for leasing business, it is the asset manager of automobiles. Therefore, it is the main body reflecting automobile sales revenue, motor vehicle inventory, and motor vehicle fixed assets. Babaozhou has 62 branches covering more than 13 provinces nationwide, operates short-term leasing in more than 14 cities, has listed over 1, 500 vehicles, managed over 6, 000 vehicles, and has historically disposed of and sold over 20, 000 vehicles. We always adhere to the original aspiration of providing high-quality service, follow the principle that the customer is king, and diligently serve every order to ensure that customers receive satisfactory goods.