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Xixiangfeng Group
Ride-Hailing Leasing
Automobile OperatingLeasing
An Overview of Xixiangfeng's Business
Over years of development, Xixiangfeng Group has established a leading position in the automotive financing and leasing market. Collaborating with upstream and downstream partners, the Group has introduced innovative industry models such as "rent-to-own" "29-minute car delivery" and "one-stop customer service."It successfully covers second- and third-tier cities nationwide, with over 110 direct sales stores across 25 provincial regions, providing solutions for over 220,000 customers.
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In 2018, Xixiangfeng Group established Fujian XiDi Automobile Service Co., Ltd., forming a deep partnership with the DiDi platform. It has set up service centers in 25 provincial regions across the country, offering operational ride-hailing vehicles through rental and sales models. The Group enhances operational efficiency through driver training and comprehensive vehicle usage support, maintaining a consistent rental rate of 92%.
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Riding the wave of digital transformation, Xixiangfeng Group launched the "Yueye Rental" platform, focusing on flexible and diverse car rental services. These services cater to corporate events, business trips, exhibitions, and personal travel needs, with over 200 rental service points established across 80+ cities nationwide.
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In 2023, Xixiangfeng Group obtained a license for used car exports, actively developing export businesses focused on parallel exports of nearly new cars, retired lease vehicles, modified cars, and custom vehicles.
The Group has successfully expanded into Kazakhstan, Southeast Asia (e.g., the Philippines), the Middle East, and other countries and regions, with plans to further explore markets in Russia and Africa.
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Data Highlights
02473.HK
(Stock Code)
Listed in Hong Kong in 2023
220000+
Total Customers Served
133
Branches and Subsidiaries Nationwide
25
Provincial Regions Covered
7000+
After-Sales Service Centers Nationwide
110+
Nationwide Direct Stores
1270+
Employees Nationwide
As a pioneer in the industry, Xixiangfeng focuses on second- and third-tier cities and below.
To date, the Group has established 110 direct stores across 25 provincial regions, with over over 7000 collaborative after-sales service centers nationwide.
The used car export business has successfully expanded to multiple countries and regions, including Asia, Central Asia, the Middle East, Southeast Asia, and Africa.
Eighteen Years of Profession
Since 2007, we have successfully helped over 220,000 users resolve their vehicle needs.
Manufacturer-Direct Vehicle Supply
Over 18 years, the Group has established strong relationships with more than 20 domestic automotive manufacturers, securing direct access to popular models.
Professional Vehicle Selection
With 18 years of industry expertise and stable funding, the Group ensures access to high-quality, cost-effective, and reliable vehicles.
Diversified Funding Portfolio
Over 18 years, the Group has accumulated a wide range of financing channels, including automotive manufacturer finance, banks, commercial leasing, trust funds, and state-owned supply chains.
Robust Funding Integration
Financial cooperation platforms can be integrated within a week.
Nationwide Direct Stores
Fully direct-operated, with no franchises, integrating online platforms with offline channels to ensure consistent service quality nationwide.
Top-Tier Vehicle Turnover
With strong business activity and market influence, the Group maintains a vehicle turnover rate of 13 days for new cars.
Superior Risk Control
Intelligent credit evaluation, professional teams, and scientific models enable comprehensive risk control across all stages.
Customer Stories
Break through car-buying barriers, and joyfully meet your ideal life
Have you ever been plagued by these problems when buying a car – heavy down payment pressure, cumbersome procedures, and high credit thresholds? For these seemingly tough problems, there are always people who can find a way out.Today, we follow in the footsteps of a real car owner and dive into his car-buying story with Xixiangfeng.[Vehicle Selection Considerations: Economical and Practical, Tailored to Business Needs]Q: What car did you pick up here?A: Beijing U5 Plus.Q: May I ask, sir, what do you do for a living?A: I’m engaged in the dissemination of folk culture.Q: So did you take your business travel needs into account when choosing the car?A: I mainly chose it for its low fuel consumption, which eases my financial burden a lot.[First Impression: Flexible with Low Thresholds]Q: What was your first impression of Xixiangfeng before this?A: I first came across Xixiangfeng online, and learned that its installment plans are quite flexible with simple procedures – there’s no need to check credit scores or bank statements.Q: Exactly. Our customers can choose any installment term for the car as they like. Did you ever worry about there being any hidden tricks with this installment method?A: I did have some concerns at first, mainly because the leasing-based model was quite new to me. So I checked the company’s information and found out that Xixiangfeng is a listed company on the Hong Kong Stock Exchange. A company that’s listed on the stock market must be reliable. What’s more, the sales consultant explained all the fees in great detail, and everything was clearly stated in the contract, which put my mind at ease completely.[Car-Buying Experience: Efficient and Smooth, the Pleasant Surprise is Total Convenience]Q: How was your overall experience of buying a car at Xixiangfeng afterwards?A: It was excellent. I contacted the sales consultant, and we made an appointment to view the car the very next day – the efficiency was really impressive. I only brought basic documents like my ID card and driving license, and all the procedures were completed in no time.Q: Did anything pleasant surprise you on the day you picked up the car?A: I originally thought I’d have to go to the vehicle administration office to handle all the procedures myself, but Xixiangfeng took care of everything for me. The car came with all formalities completed, including license plate and tax registration. The staff were highly professional and handled everything in a steady and reliable way.If you’re also looking for a low-threshold and highly trustworthy way to buy a car, just like Mr. Lin, give Xixiangfeng a chance – and give yourself the opportunity to realize your car dream sooner.
Between the Throttle Lies Rhythm: A Food Delivery Rider's
In the streets and alleys of Quanzhou, Chen's electric bike weaves through traffic like the wind. Born in 2000, this food delivery rider starts his day with the beep of order notifications and heads home as night falls. He can complete 50 to 60 orders a day, working during peak hours and finishing in the evening. What seems like an ordinary delivery job hides a free rhythm that he carefully guards.Living Life at His Own Free Rhythm"Delivering food feels quite free. I don't have to be managed by others, and I can arrange my time freely. I really like this job," Chen says, defining his work as he climbs seven floors in one go in an old residential area.While waiting for orders to be prepared, he habitually refreshes his phone screen to check for new orders. When I ask if this constant rushing is tiring, he smiles and says: "Some of my brothers are online for more than ten hours a day, completing over 100 orders and earning 20,000 yuan a month, but that's really working themselves to the bone for money."In Chen's opinion, there's a way to work fast and a way to work slow: "I don't think people are machines. You can't be so hard on yourself all the time. Your body can't take it. Having enough money to spend is enough."He never aspires to be the fastest. Steadily reaching a peaceful and secure life is the most beautiful scenery in his heart.Life Wisdom Awakened by a P2P LoanThis wisdom of living at his own pace stems from a lesson in his early years. "In 2019, I needed money urgently, so I took out a 2,000-yuan P2P loan and defaulted on it. Thinking back now, I really regret it. Everyone should avoid this kind of thing."It was this experience that made him understand: a steady life is reliable. Since then, he has learned to live within his means and to leave himself room to breathe while rushing on his delivery routes.A New Start on WheelsChen has always dreamed of buying a car, but his past credit record once stood in his way. "I was really worried at first, but then I happened to come across Xixiangfeng and specially went to Fuzhou to check it out."Xixiangfeng fulfilled Chen's dream and gave him more confidence in life. "I can take my wife to and from work on weekdays. The New Year is coming soon, and having a car is much more convenient. I'm really grateful to this platform; otherwise, it would be hard for me to buy a car in my situation."The moment he held the steering wheel, Chen felt an unprecedented sense of stability. This car is not just a means of transportation, but an extension of his life rhythm—still free, but with more peace of mind; still busy, but with more calm.Defining His Own Route Beyond NavigationToday, Chen still weaves through the streets and alleys of Quanzhou every day. The difference is that after work, he can drive his own car and take his wife home; on weekends, he can plan a short trip without worrying about taxi fares."Life is not a fixed track. It allows you to restart and set off again," Chen says, having just finished a delivery and walking towards his car parked by the road. The setting sun shines on the car, reflecting a warm light.He has always believed that true freedom is not unrestrained rushing, but steadily moving towards the desired destination at his own pace.Xixiangfeng: Guarding Every Dream of Moving Forward FreelyIn Chen's story, we see a different kind of running—not blindly chasing speed, but finding his own life rhythm between the throttle and the brake. Xixiangfeng believes that everyone who lives earnestly deserves trust, and those past minor mistakes should not be absolute barriers to a better life.Whether you are a rushing food delivery rider or a dream chaser moving forward steadily, when you hold the steering wheel tightly, Xixiangfeng is willing to be your most reliable driving partner, accompanying you to move towards the desired distance at your own pace.
Beyond the Threshold, Another Path Awaits: How a Car-Buying Dream Stranded by 3,000 Yuan Was Reborn
In Ningde, Mr. Mao’s life once fell into a predicament due to a forgotten 3,000-yuan online loan. He had saved enough for the down payment and had a stable job, yet his car purchase application was rejected at the 4S store. A vehicle that could shield his family from wind and rain seemed within arm’s reach, but was actually miles away. His story began with a careless oversight, but thanks to a timely helping hand, it ultimately steered onto the warm track of a stable life.A Forgotten Bill, a Stranded Car Dream​“Oh, when I heard the news back then, I was totally dumbfounded,” Mr. Mao recalled his rejection experience at the Ningde 4S store. “I was really confused—obviously, my job was fine, my income was steady, and I’d saved enough for the down payment. So why was my application denied?”​It was only then that he realized he had an overdue online loan he’d forgotten about. “I was so focused on spending at the time that I ended up forgetting all about it later.” That forgotten 3,000 yuan became the biggest obstacle just when he needed a car the most. More worrying than the blocked transaction was how to explain everything to his family.​ Family Responsibility: The Driving Force Forward​“Back then, I resigned from my job in Shanghai because I thought my wife was working so hard and having a tough time taking care of our child alone at home.” In his family’s eyes, Mr. Mao was a hardworking and considerate husband and father. He transferred back to his hometown precisely to ease his wife’s burden. Now, his work required frequent business trips, and his child couldn’t keep squeezing onto buses or taking taxis to school. He just wanted a car to steadily support his family.​Faced with the setback of not being able to buy a car, he felt helpless: “I was really frustrated. How could such a careless mistake from the past prevent me from buying a car now?” ​Xixiangfeng: Reigniting the Hope of Buying a Car​In his moment of confusion, a turning point quietly emerged. “Later, I really didn’t know what to do. I asked friends about used cars and searched for information online. Then, a salesperson from Xixiangfeng contacted me, saying they offered a low-down-payment car purchase option.”​Hope was rekindled, but caution remained. “To be honest, I was skeptical at the time—I’d already been rejected once, after all, right?” Mr. Mao admitted. At the invitation of the Xixiangfeng salesperson, he finally visited the store to check out the actual vehicles. Here, the down payment was low, the required documents were simple, there was a wide range of car models to choose from, and most importantly, the eligibility threshold was low—perfectly matching Mr. Mao’s needs. Steady Progress: Driving Toward Family Warmth​Today, the Chery Arrizo GX he bought in June 2022 has been with Mr. Mao for nearly three years. “This car has always been an excellent companion in both my life and work.” Whether it’s traveling out of town for business or taking his parents and child out on weekends, this car has become an indispensable part of his life.​“I think as a man, when your work and family are stable, you must have a car,” Mr. Mao told us at the end of the follow-up interview. He has always held a special affection for this Chery Arrizo GX. No matter what difficulties he encounters, as long as he grips the steering wheel, he gains the confidence to keep moving forward.Xixiangfeng: Safeguarding Every Family’s Stable Journey​In Mr. Mao’s story, we see not just the acquisition of a car, but the transformation of a family’s life trajectory. Xixiangfeng believes that every laborer striving for their family deserves trust, and the past defined by numbers should not become an absolute barrier on the road to the future. Xixiangfeng is committed to adopting a more realistic approach, allowing everyone who grips the steering wheel to safely drive toward their dream destination.
Sincere
In an era that glorifies shrewdness, sincerity seems to have become a scarce quality, even regarded as "foolishness" by some. However, in Fujian, a post-90s boss has proven through his experience that sincerity is not a stumbling block to success, but the most solid cornerstone.Rising to Prominence at a Young Age, Achieving Glory in the Mahogany IndustryBoss Lin dropped out of school at 17 to make his way in the world, stepping into the business arena at an early age. In 2010, with his keen business acumen, he ventured into the mahogany furniture industry and quickly made a name for himself in the market."When business was good, we expanded our scale. At the peak, we had three workshops and two exhibition halls," he recalled the past glory with a calm tone mixed with a touch of nostalgia. "The best year, from what I remember, brought in around two to three million yuan."At that time, he was truly a young achiever, with his career thriving. However, the business world is never smooth sailing forever.Industry Downturn: Losing His Own Gain Rather Than Owing WorkersIn 2014, the mahogany furniture industry encountered a severe downturn, with market conditions declining continuously. Faced with this sudden change, Boss Lin persisted for two years through gritted teeth, but his store ultimately couldn't be saved. More agonizing than the business failure was how to face the workers who had struggled alongside him. At this critical juncture, he made a decision that many couldn't understand—selling off inventory to settle all workers' wages."Workers are just trying to make a living. You can't owe them wages. It's the business's problem, not theirs," Boss Lin said calmly, his eyes showing unwavering determination. "Even if I didn't make any money, I had to pay the workers. They all have families to support."This seemingly "foolish" sense of responsibility is truly rare in today's society.Starting from Scratch, Switching to the Communications Industry for a New BeginningWhen you fall, you get back up. After cheering himself up, Boss Lin didn't wallow in despair but chose to switch to the communications sector, starting everything from scratch.The hardships of the initial entrepreneurial stage were unimaginable. "Most of the work is technical, so it's hard to find workers. It was really tough at first—I even did the work myself in the early days," he said. Faced with technical barriers, he didn't back down but rolled up his sleeves to master various skills personally."If you enter a new industry, you must understand it yourself and do things with your own hands," he emphasized. Behind these words lies his dedication to his career and sense of responsibility to his team.Treating Others with Sincerity, Winning Hearts Through Genuine ManagementIn terms of management, Boss Lin has always adhered to the philosophy of "treating others as you would like to be treated." His consideration for workers runs through every detail of management, forming a unique management style."This industry can be tough sometimes—most of the work is high-altitude operations, and the working day is eight and a half hours. For example, if I assign you 3 or 4 orders and you finish them in 6 hours, you can leave early whenever you want," he explained.At work, they are partners; after work, they are brothers. He never puts on the airs of a boss. "Workers come to work for you because they need the money—if they were wealthy, they wouldn't work for someone else," these simple words reflect his profound understanding of human nature.Xixiangfeng's Assistance: Career Enters the Fast LaneAs his career stabilized and social engagements increased, buying a car became a necessity. After comparing multiple options, Boss Lin finally chose Xixiangfeng. "I first learned about Xixiangfeng through short videos. The procedures are extremely fast—your company already has the cars registered. We just need to complete the formalities and sign the papers; if we apply in the morning, we can pick up the car in the afternoon," he said.With a low down payment, quick approval, and hassle-free process, Boss Lin successfully picked up his desired car the same day. Today, this car has become an indispensable part of his career—accompanying him to meet clients, visit projects, and travel home late at night.Xixiangfeng: Safeguarding SincerityIn an era accustomed to equating shrewdness with wisdom, Boss Lin's "foolishness" has become an invaluable competitive advantage. Some called him foolish, but he proved with facts that sincerity may not be the fastest path, but it is definitely the most stable one.From mahogany furniture to the communications industry, from the peak of entrepreneurship to a downturn and then a comeback—what has changed is the track, but what remains unchanged is his sincerity toward others. It is this sincerity that allowed him to gain the support of employees in difficult times, receive help from partners during transformation, and meet a kindred spirit like Xixiangfeng during his development.In Boss Lin's story, we see not only the growth of an entrepreneur but also the return of the true essence of business. Xixiangfeng believes that the nature of business is not only the exchange of interests but also the co-creation of value and accumulation of trust. The sincerity and sense of responsibility overlooked by traditional financial systems are precisely the qualities that Xixiangfeng cherishes most. Xixiangfeng is committed to using a more humanized approach to help everyone who adheres to their original aspirations and strives sincerely sail steadily toward their dreams.
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