Pangda Group

Pangda Automobile Trade Group Co., Ltd. is a large domestic automobile dealer and one of the Top 500 service enterprises in China, with a registered capital of 10.227 billion yuan. Over the years, Pangda Group has consistently pursued excellence, served customers, and given back to society as its eternal goals, striving to become a full-lifecycle service provider for automobiles. It has cultivated the corporate spirit of “Integrity and Uprightness, Self-Improvement, Continuous Innovation, and Pursuit of Excellence” and the business philosophy of “People-Oriented, Customer First.” On April 28, 2011, Pangda Group was officially listed on the Shanghai Stock Exchange, becoming the first automobile trade group in China to be listed on the A-share market through an IPO. The company's business scope is centered on the Beijing-Tianjin-Hebei region, radiating to more than 20 provinces, municipalities, and autonomous regions nationwide. It operates over 300 brand 4S stores and more than 20 automobile parks, covering brands such as Mercedes-Benz, Audi, Toyota, Subaru, Volkswagen, Honda, Nissan, Chrysler, Hongqi, BAIC, Hyundai, Weltmeister, and Neta. In 2019, Pangda Group successfully underwent restructuring. The company's new controlling shareholder was changed to Tianjin Shenshang North Co., Ltd. Through innovative measures such as adjusting the organizational structure, introducing professional talents, optimizing the brand portfolio, and transforming business approaches, the company's development plans have become more aligned with market demands. Keeping in mind the original intention of serving customers at all times, the company has carried out various tasks, with operations gradually improving and key business indicators continuing to grow. On May 20, 2021, the company successfully had its special treatment (ST) designation lifted, marking a new era in its development and winning recognition and support from original equipment manufacturers (OEMs) and all sectors of society. The company has always adhered to a customer-centric approach, focusing on the overall goal of “Four Satisfactions,” continuously enhancing services, and driving the transformation from a traditional automobile dealer to a comprehensive automotive mobility operator, achieving new development.