Founded in 2007, Xixiangfeng Group is a well-known comprehensive automotive service provider in China; on November 9, 2023, the Group was successfully listed on the Main Board of the Hong Kong Stock Exchange with the stock code shturl.c, making it the first stock in China’s auto financing leasing industry, over the years, the Group has forged ahead with perseverance and adhered to its core values, focusing on the automotive industry as its core track, leveraging multiple strengths including bulk procurement from manufacturers, nationwide direct-operated stores, differentiated operation strategies, professional teams, asset management and risk control, the Group integrates high-quality resources to fully develop five major business segments: financial leasing, online car-hailing, operating leasing, used car export and autonomous vehicles, it consistently keeps pace with cutting-edge industry technologies to empower businesses across all application scenarios, and since its establishment, the Group has built 112 direct-operated stores nationwide, provided car-use solutions for over 220,000 customers and managed a total of more than 35,000 vehicles.
After years of development, all business segments of Xixiangfeng Group have achieved substantial growth. In the field of automotive financial leasing, the Group holds a leading position, successfully covering second-tier, third-tier, and lower-tier cities nationwide, with services spanning 26 provincial-level administrative regions. In the online car-hailing rental and sales sector, "Xidi Online Car-Hailing"—a deep cooperative project between the Group and Didi Chuxing—has expanded to 69 cities, operating a fleet of over 10,000 owned online-hailing vehicles. In operating leasing, the Group's self-developed and operated brand "Yueye Car Rental" offers flexible and diverse automotive leasing services, with more than 200 service outlets across over 80 cities nationwide. In the used car export business, the Group successfully obtained used car export qualifications in 2023 and has actively expanded its export operations, currently entering multiple markets in Europe, Asia, Central Asia, Southeast Asia, the Middle East, and Africa.
As a service provider in the automotive sales industry, diversified capital and vehicle sources, technology empowerment, risk control, and user operations constitute the core corporate strengths of Xixiangfeng Group. The Group has built a diversified funding portfolio covering manufacturer finance, banks, commercial leasing, financial leasing, factoring, trusts, and state-owned enterprise supply chains, etc. Relying on 19 years of industry experience, it can maximize the assurance of obtaining excellent, stable, and cost-effective vehicle sources. In the "one vehicle" business, it has achieved full-process digital intelligence, from vehicle procurement, sales intentions, vehicle transactions, vehicle delivery, customer vehicle use, vehicle recycling, to re-trading. By introducing digital management systems and intelligent technologies, it has achieved a dual improvement in vehicle usage efficiency and experience. At the same time, the Group continues to improve its risk control system with digital and intelligent risk control as the core, focusing on building pre-, mid-, and post-risk control to ensure the stable operation of its business. Among them, in the front end, it realizes automatic credit review risk prepositioning. The data cloud intelligent credit review system developed jointly with Xiamen University can complete automatic credit review within 10 seconds, provide a car within 29 minutes, and continuously identify, evaluate, and monitor to achieve maximum risk prediction and control; in the middle end, it has self-developed nearly 20 patented monitoring systems, which can maximize accurate vehicle positioning and realize real-time monitoring, repair, and processing, etc.; in the post end, it has a stable self-owned offline team. Based on an 19-year-tempered scientific management model, it realizes a one-stop operation system for early warning monitoring, process control, vehicle recycling, and judicial escort, etc. The Group adheres to a user-centric approach, with the customer service slogan of "Listening to every voice, serving every moment". Through self-developed systems such as ERP, enterprise WeChat SCRM, SAAS collection desk, BIP data platform, 52 Che APP, and enterprise WeChat work orders, it carries out refined management at each key service node, continuously improves service quality, and ensures the continuous optimization of the user experience.
19 years of perseverance have established Xixiangfeng Group as an old brand in the automotive service industry. The Group has always adhered to the purpose of "meeting every car usage need of users" and the mission of "making vehicle ownership and use more convenient, affordable, and reassuring" to provide users with comprehensive automotive services.
