Yongda Group Launches Vehicle Parallel Import Service Three Sales Centers Open for Business

HONG KONG, March 13, 2015 /PRNewswire/ -- Recently, Shanghai Commission of Commerce released the first batch of pilot companies of vehicle parallel import in Shanghai Free Tax Zone. China Yongda Automobiles Services Holdings Limited ("Yongda Group" or the "Company" and, together with its subsidiaries, the "Group", stock code: 03669.HK), as a leading passenger vehicle retailer and comprehensive service provider in China, is among the list approved by the Nation for vehicle parallel import.

As a leading company among the list, Yongda Group, with its existing networks and business resources, takes the lead in launching three parallel import vehicle sales centers. This action aims to fulfill the strong demand of consumers and fill in market gaps. The three sales centers are as follows: Shanghai Free Tax Zone Center (No.288, Shenjiang Road, Shanghai), Yongda International Building Center (No.2277, Longyang Road, Shanghai), and Yuqiao Road Center (No.1441, Junqiao Road, Shanghai).  Each sales center provides various services to consumers including: personalized overseas purchase, car display, car finance and insurance, second-hand car replacement, licensing service, 3-year-warranty for 60,000 miles and nationwide after-sales services.

Consumers not only can find their favored cars in Yongda's sales centers, but can also order personalized cars overseas through these centers. According to sources, some consumers are eager to order the cars in the Geneva Car Exhibition through Yongda Group's platform, as they have not yet appeared in the domestic market. Parallel import services bring a brand new consumption model and concept to consumers.

As one of the first batch of pilot companies, Yongda provides more commitments to consumers than just after-sales services. For example, in the past, for buyers of non-domestic cars, it was quite difficult to find a place for repair and maintenance, since most car dealers would not cover the after-sale services of these cars.  Consumers always complain about the quality of work and attitude of the workers at auto repair shops. Upholding the company spirit of "Faith to Pursue Excellence", after-sales service is one of the key services of Yongda Group's parallel import business. Through existing 4s and "Auto Repair" networks, Yong Group can fully meet the after-sales service needs of consumers and provide them with a brand new experience.

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