Mengshengren

Company Overview: Wuhan Mengshengren New Energy Vehicle Industrial Park Development Joint-stock Co., Ltd. was established on November 14, 2000, located at No. 172 Yong'antang, Hanyang District, Wuhan City. It currently has more than 400 employees, registered capital of 80 million RMB, and its own land area of 660 mu. In the process of founding and development, the company has always adhered to the core philosophy of "people-oriented, harmonious growth; cooperative sharing, alliance prosperity." After 16 years of hard work, it has developed into a joint-stock company with clear property rights, scientific governance, flexible mechanisms, and standardized management. The group has a New Energy Vehicle Division, a Special Purpose Vehicle Division, and an Auto Supermarket Operation Division, with 16 wholly-owned subsidiaries. Main Business: New Energy Vehicle Division: Sales and service of passenger vehicles, including JAC IEV new energy vehicles and JAC passenger vehicles. Auto Supermarket Operation Division: 1. Commercial Vehicle Supermarket (located in Changfu Industrial Park, Caidian District, covering 300 mu), which will be built into a large commercial vehicle supermarket integrating vehicle sales, maintenance, parts sales, new vehicle registration, inspection, annual vehicle review, used vehicle trading, automotive logistics services, automotive financial services, hotel and conference services, etc. 2. New Energy Vehicle Supermarket (located in Huangjinkou Industrial Park, Hanyang District, covering 100 mu), which will be built into an auto supermarket centered on new energy vehicles and energy-saving vehicles, integrating new energy vehicle and energy-saving vehicle sales, maintenance, new vehicle registration, annual inspection and review, automotive financial services, as well as new energy vehicle time-sharing rental, new energy vehicle experience center, etc. Future Plans: In the next five years, the company will vigorously embrace the Internet, make full use of big data, and establish an online automotive trading service platform, including complete vehicles, auto parts, auto finance, insurance, decoration, maintenance service appointments, annual review appointments, etc.; establish a professional new energy vehicle promotion Internet portal platform, including product promotion of domestic and foreign new energy vehicles, online customer acquisition for merchants, online transactions, marketing activities, customer communication, etc. Realize the new business model of "auto supermarket + new energy vehicles + Internet." Through the expansion of business segments of each division, by 2020, the operating scale of Mengsheng Group will reach 10 billion RMB. Among them: new energy passenger vehicles 1 billion RMB, new energy commercial vehicles 1 billion RMB (including new energy special purpose vehicles), traditional commercial vehicles 1 billion RMB (including special purpose vehicles), auto supermarkets 7 billion RMB. In this great opportunity of China's economic transformation and automotive industry reform, Mengsheng Group will leverage the advantages of capital and talent aggregation brought by entering the capital market to build the company's core competitiveness of "new energy vehicles + auto supermarkets + Internet," laying a solid foundation for Mengshengren's long-term prosperity, better fulfilling Mengshengren's social responsibility and historical mission of "creating wealth with green, repaying society with wealth," and making unremitting efforts for the successful transformation of China's automotive industry.