Hu Hao, Chairman of Global-Ucar, Led the Team to Investigate the Used Commercial Vehicle Market in Yichun, Jiangxi Province

In order to speed up the construction of Guangdong used commercial vehicle export supply chain system and deeply understand the used commercial vehicle market, Hu Hao, Chairman and General Manager of Global-ucar and the team visited Yichun, Jiangxi Province, to investigate the used commercial vehicle market.

On the morning of June 3, Hu Hao had a discussion with Yichun Bureau of Commerce. Deputy Director Feng Jun introduced the local policies, transportation advantages and the used commercial vehicle market. Then the team introduced the export business of used cars in Guangdong, as well as the international market demand and competitive advantages of used commercial vehicles. It is hoped that through this investigation, Global-Ucar can learn from the local advanced experience and use it to establish a high-quality used commercial vehicle supply chain system in Guangdong.

Subsequently, the team conducted a field investigation on Yichun automobile trading business district, Gao’an used commercial vehicle trading market, Gao’an Zhongqi Senze International Trade City, and internet online big data operation center, etc., to specifically understand the operation characteristics, business operation process, competitive advantages & disadvantages and market opportunities of Gao’an used commercial vehicle industry, and actively communicate with local car dealers to learn experience, and hope that local car dealers can export commercial vehicles to overseas via our professional used car export service platform. It is the annual used car transaction volume of Yichun is about 70,000, of which the used commercial vehicles account for more than 50% (mostly from Gao’an), ranking the forefront in China.

On the afternoon of June 4, the team visited Jiangling Automobile Sales Co., Ltd. and discussed with Jiangling Automobile on the joint development of new and used car business, the combination of major customer replacement business and value-added service of used car export, etc., and formed a consensus and inspired the cooperation ideas.

Through this investigation, Global-Ucar further strengthened the investment determination and belief in the construction of the used car export supply chain, and clarified the positioning and entry points of the local used commercial vehicle industry layout. It is conducive to enhance the expansion of the “the Belt and Road” market in terms of international competitiveness and sustainable development capacilities.