Company Profile
Corporate Culture
Timeline
Introduction to Xixiangfeng Group
INTRODUCTION OF XIXIANGFENG GROUP
Founded in 2007, Xixiangfeng Group is a well-known comprehensive automotive service provider in China. On November 9, 2023, it successfully listed on the Main Board of the Hong Kong Stock Exchange with the stock code 2473.HK, becoming the first Chinese automotive financial leasing company to be listed. Over the years, the Group has worked hard to adhere to its core values, focused on the automotive main track, and integrated superior resources with many advantages such as manufacturer centralized procurement, national direct sales, differentiated strategies, professional teams, asset management, and risk control. It has comprehensively developed four business segments: "financial leasing, ride-hailing, operational leasing, and used car exports", and has always kept up with cutting-edge industry technologies to fully empower business in various scenarios. Since its establishment, the Group has successfully created 89 stores nationwide through a direct sales model, solved car usage problems for more than 220,000 customers, and managed a cumulative of over 35,000 vehicles.

After years of development, all business segments of Xixiangfeng Group have achieved rapid growth. In the financial leasing field, the Group has taken a leading position, successfully covering second, third, and lower-tier cities across the country, and its services cover 25 provincial administrative regions. In the ride-hailing rental and sales field, Xidi Ride-Hailing, the Group's deep cooperation with the Didi platform, has successfully laid out in 41 cities and owns more than 10,000 self-owned ride-hailing vehicles. In the operational leasing field, "Yueye Car Rental", the Group's self-developed and self-operated business, provides flexible and diverse car rental services and has laid out more than 200 outlets in over 80 cities nationwide. In the used car export field, the Group successfully obtained the used car export qualification in 2023 and actively carried out export business. It has currently successfully opened up markets in 18 countries in Asia-Europe, Central Asia, Southeast Asia, the Middle East, and Africa.

As a service provider in the automotive sales industry, diversified capital and vehicle sources, technology empowerment, risk control, and user operations constitute the core corporate strengths of Xixiangfeng Group. The Group has built a diversified funding portfolio covering manufacturer finance, banks, commercial leasing, financial leasing, factoring, trusts, and state-owned enterprise supply chains, etc. Relying on 18 years of industry experience, it can maximize the assurance of obtaining excellent, stable, and cost-effective vehicle sources. In the "one vehicle" business, it has achieved full-process digital intelligence, from vehicle procurement, sales intentions, vehicle transactions, vehicle delivery, customer vehicle use, vehicle recycling, to re-trading. By introducing digital management systems and intelligent technologies, it has achieved a dual improvement in vehicle usage efficiency and experience. At the same time, the Group continues to improve its risk control system with digital and intelligent risk control as the core, focusing on building pre-, mid-, and post-risk control to ensure the stable operation of its business. Among them, in the front end, it realizes automatic credit review risk prepositioning. The data cloud intelligent credit review system developed jointly with Xiamen University can complete automatic credit review within 10 seconds, provide a car within 29 minutes, and continuously identify, evaluate, and monitor to achieve maximum risk prediction and control; in the middle end, it has self-developed nearly 20 patented monitoring systems, which can maximize accurate vehicle positioning and realize real-time monitoring, repair, and processing, etc.; in the post end, it has a stable self-owned offline team. Based on an 18-year-tempered scientific management model, it realizes a one-stop operation system for early warning monitoring, process control, vehicle recycling, and judicial escort, etc. The Group adheres to a user-centric approach, with the customer service slogan of "Listening to every voice, serving every moment". Through self-developed systems such as ERP, enterprise WeChat SCRM, SAAS collection desk, BIP data platform, 52 Che APP, and enterprise WeChat work orders, it carries out refined management at each key service node, continuously improves service quality, and ensures the continuous optimization of the user experience.

Eighteen years of perseverance have established Xixiangfeng Group as an old brand in the automotive service industry. The Group has always adhered to the purpose of "meeting every car usage need of users" and the mission of "making vehicle ownership and use more convenient, affordable, and reassuring" to provide users with comprehensive automotive services.
2023
operations expanded to 25 provincial regions, obtained a license for used car exports, and successfully listed on the Hong Kong Stock Exchange Main Board in November (stock code: 2473.HK).
2022
officially renamed as "Xixiangfeng Financing Leasing Group Co., Ltd."
2019
officially renamed as "Xixiangfeng Group Co., Ltd.," supporting the electrification of the ride-hailing industry and expanding into the three northeastern provinces.
2018
established service points across 24 provincial regions, entered the ride-hailing market, and founded the subsidiary "XiDi Automobile Service."
2017
expanded nationwide in automotive financing and leasing, established an automotive aftermarket service platform, and developed a new energy car-sharing platform.
2015
officially approved as part of the "13th Batch of Domestic Financing Leasing Pilot Enterprises."
2012
recognized as a "Key Road Transportation Enterprise" by the Ministry of Transport of the People's Republic of China.
2008
starting from Fuzhou, the company rapidly expanded nationwide, establishing 20 Xixiangfeng branded stores.
2007
Fuzhou Xixiangfeng Automobile Leasing Service Co., Ltd. was established.