Recently, Guazi Used Cars, which settled in Wuqing, has actively expanded its second-hand car export business, and this new key foreign trade business has achieved outstanding results.
At present, a total of 22 vehicles have been exported and successfully shipped to the Middle East and Africa. Wuqing has achieved a breakthrough of “zero” second-hand cars going overseas and has become a typical benchmark for the opening up and innovative development of the regional modern service industry.
Guazi Used Cars was established in September 2015 and is the leading used car e-commerce transaction and service platform in China.
Driven by big data and artificial intelligence, we have built an integrated service system for testing, pricing, trading, finance, logistics, and after-sales. We have taken the lead in realizing the digital circulation of non-standard assets for second-hand cars, and our business covers more than 200 key cities across the country.
With the mission of “let every family have a better car”, the company aggregates and empowers high-quality dealers across the country to facilitate the efficient circulation and large-scale transactions of used cars.
As early as June 2017, Guazi Used Cars settled in Wuqing and established a wholly foreign-owned subsidiary, Guazi Automobile Service (Tianjin) Co., Ltd., with a registered capital of US$809.21 million. It is mainly engaged in motor vehicle brokerage, sales, leasing and other businesses.
The operating momentum is steadily improving, with operating revenue increasing year after year. The turnover will be 1.635 billion yuan in 2023, reaching 2.016 billion yuan in 2024, and increasing to 2.188 billion yuan in 2025.
The person in charge of Guazi Automobile Technology (Tianjin) Co., Ltd. said that the export of second-hand cars is an important direction for the country to promote foreign trade innovation and activate new momentum for automobile circulation. It is also a key step for enterprises to rely on digital capabilities to expand global services.
Wuqing has outstanding location advantages and a complete industrial ecology. The policy integration and efficient services of the Beijing-Tianjin Industrial New City allow the project to be efficiently promoted from qualification application to the first order.
In the next step, the company will strengthen supply chain integration and the construction of overseas after-sales systems, expand the scale of exports, polish Wuqing’s industrial overseas service business card, and help optimize the regional foreign trade structure.
The person in charge of Wuqing Internet Technology Industrial Park said that the implementation of the Guazi second-hand car export project is an important achievement of the park’s focus on the producer service industry and leading the chain with the leader.
The park is always guided by enterprise needs, provides refined services throughout the entire process, and strives to create a first-class business environment.
In the future, the park will focus on the leading track to extend and supplement the chain, attract more high-quality enterprises to gather, promote the service industry to become more professional, high-end, and international, and inject momentum into Wuqing’s high-quality development.
Relying on the implementation of such high-quality projects to achieve results, it coincides with the convening of national and city-wide service industry conferences, which emphasize “highlighting demand traction, reform and reform, technology empowerment, and open cooperation”, with “demand traction” ranking first.
Wuqing District immediately studied and implemented the spirit of the meeting and various deployment requirements, focusing on the main line of improving the quality and capacity expansion of the producer service industry, giving full play to the leading role of leading enterprises, and coordinating the promotion of in-depth integrated development of digital services, automobile circulation, and foreign trade services.
In the next step, Wuqing District will continue to anchor the high-quality development goal of the service industry, expand and strengthen the advantageous producer service industry, actively cultivate new foreign trade formats and new development models, rely on leading enterprises to drive the concentration and growth of industrial clusters, fully assist the city’s service industry to improve quality and efficiency, and contribute solid Wuqing strength to the region’s high-level opening up to the outside world.
