Shenzhen Zhizun Car Rental Co., Ltd.

Shenzhen Car Rental Co., Ltd. was established on January 19, 2006, and is an enterprise in China that adopts a new model to carry out nationwide chain car rental business. Since its establishment, the car rental company has continuously expanded the domestic market with innovative business methods, service concepts, and standardized business practices. The company's good development prospects have attracted the favor of many international investment funds: in December 2006, the car rental company received an initial investment of 5 million US dollars from SIG Asia and Mada Fund; in December 2007, SIG Asia and Mada Fund invested another 50 million US dollars in the car rental company. With the strong support of partners, the car rental company has achieved leapfrog development in talent, service, technology, management, and other aspects, and its strength has become even more abundant. The car rental company drew on the international chain car rental model and pioneered in China the "two certificates and one card" model, which allows car rental with an ID card, driver's license, and credit card. It was the first to introduce the advanced chain operation model of car rental without guarantee, without deposit, and by credit card into China, greatly lowering the consumption threshold for car rental, injecting new vitality into the traditional car rental industry, and providing consumers with fast, professional, and humanized popular consumer services, completely breaking the barriers of cumbersome procedures in the domestic traditional car rental industry. To date, the car rental company has successively opened more than 100 car rental stores in airports, docks, stations, commercial centers, and tourist attractions in more than 30 commercial and tourist cities in China, including Beijing, Shanghai, Guangzhou, and Shenzhen, and has nearly 700,000 car rental members. In the next 3 years, the car rental company's direct-operated network coverage will exceed 200 cities, with more than 2,000 direct-operated stores and more than 30,000 self-owned rental vehicles, and will develop into a car rental enterprise with broad direct-operated network coverage, focused business, professional services, and high customer satisfaction in China.