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On August 20, SAIC Motor's strategic mobile travel brand Xiangdao Travel and the well-known domestic financial leasing company Haitong Hengxin officially signed a strategic cooperation agreement. In the future, the two parties will work together to provide high-quality vehicle financial leasing services for Xiangdao Travel's city operating partners, and at the same time cooperate in the dimensions of vehicle networking, vehicle operation, vehicle safety, and vehicle assets, and work together to create a new ecosystem for online car-hailing financial leasing services. Xiangdao Travel CEO Ni Licheng, Xiangdao Travel COO Sui Liming, Haitong Hengxin Executive Director and General Manager Zhou Jianli, Haitong Hengxin Deputy General Manager and Hengyun Subsidiary Chairman Lu Yang, and Haitong Hengxin and Hengyun Subsidiary Deputy General Manager Xu Yan and other senior leaders of both parties attended the signing ceremony.

As a leading online ride-hailing platform company, Xiangdao Travel relies on the industrial resource advantages of SAIC Group. It has not only completed the layout of the "full-scenario smart travel complex", but also continued to create a full life cycle solution for online ride-hailing covering vehicle procurement, financial credit, professional insurance, operating vehicles, repair and maintenance, refueling and charging, etc., seeking to cooperate with upstream and downstream partners for win-win results.

As the first listed financial leasing company with a securities background in China, Haitong UniTrust has always focused on supporting the development of the industry with professional financial services. Its business covers many fields such as advanced manufacturing, transportation and logistics, urban utilities, energy and environmental protection. It also continuously explores new models and paths for financial services to enable industrial development, and is committed to providing all-round and full-life cycle financial leasing services to customers in various industries.

Looking back at the past year, Xiangdao Travel has launched online car-hailing business in dozens of cities including Tianjin, Xiamen, and Fuzhou, and the total capacity has increased by 43% year-on-year. Behind the impressive "report card" is Xiangdao Travel's sustained efforts in the field of urban operation layout, and it is inseparable from the long-term close cooperation between the platform and industry partners. After reaching a strategic partnership with Haitong Unitrust, Xiangdao Travel will provide high-quality financial products and services to urban operation partners, and further enable partners to improve the quality and efficiency of operations from multiple dimensions of capital, technology, and management.

At the 2024 Xiangdao Travel Partner Conference held recently, Xiangdao Travel CEO Ni Licheng officially announced the "Four New" (new services, new scenarios, new momentum, and new goals) platform development strategy, emphasizing that it will focus on building a transportation ecosystem and a complete vehicle ecosystem, so that urban operating partners and drivers can obtain vehicles at more favorable prices, truly achieving a win-win situation for all parties; Xiangdao Travel COO Sui Liming also stated that Xiangdao Travel will focus on deeply connecting users, drivers and partners, increasing the benefits of all parties, and driving partners to achieve business growth.

As the cooperation between the two parties continues to deepen, in the future, Xiangdao Travel will continue to be guided by the "people-oriented" service concept and work with Haitong Hengxin to provide more partners with more convenient, smooth and efficient financial products and services, opening up a new win-win situation for the platform, users, drivers and partners.