Since the cooperation between Fengche and Maserati factory for several months, they have successfully helped Maserati manufacturers trade and circulate media cars, test drive cars, self use cars, etc. With the help of Fengche's leading national B2B online auction platform, more than 20 online auction transactions have been held, covering many first and second tier cities across the country including Shanghai, Beijing, Hangzhou, Nanjing, Changsha, Zhengzhou, Wenzhou, Shenzhen, Nanning, etc., with a comprehensive transaction rate of over 70%. Through our industry-leading digital technology and high-level operational service team, we have successfully helped Maserati and its brand stores establish efficient internal and external collaboration processes, greatly improving disposal efficiency and receiving high praise and recognition from Maserati leaders.
In order to further deepen cooperation, the depth and scope of cooperation between the two parties will be further expanded, including Maserati's store certified used car system and replacement used car system. Through Fengche's digital capabilities and online marketing and auction trading channels, the stores will be empowered to further improve efficiency and used car management capabilities, enhance brand value retention, and support the new car sales system.

At the same time, Fengche has established cooperative relationships with major automakers such as China FAW Group and Great Wall Motors Group to carry out second-hand and scrapped car trading business, further assisting dealers in the national process of replacing and scrapping cars, helping stores improve replacement rates, reduce process costs, and increase gross profit levels.

About Fengche
Fengche (Shanghai) Information Technology Co., Ltd. (referred to as "Fengche") is a professional digital trading platform service provider in China. We have received multiple rounds of strategic investments from companies listed on the New York Stock Exchange and Fortune Global 500. With "smart digital technology" as our core advantage, we provide professional digital transaction service capabilities for automobile manufacturers, 4S dealer groups, and downstream car dealer channels.
Smart Store System - is a standard business system for dealer groups and vehicle source organizations, covering second-hand car ERP management system, CRM customer management system, online marketing system, BI data analysis system, financial system, retail and wholesale channels, overseas marketing channels, connecting the entire second-hand car industry chain of dealer groups, forming an integrated system covering second-hand car business management collaboration, customer and sales management, business decision-making and intelligence, and transaction services. It collaborates with the second-hand car departments of 4S dealer groups and OEMs to establish standardized operating procedures and systems for second-hand cars, continuously improving the digital operation capabilities and value of second-hand car business.
National Auction Platform - is a cross regional B2B trading platform under Fengche, which connects dealers, manufacturers, financial and insurance institutions' second-hand car sources upstream, and second-hand car dealers and buyers nationwide downstream. With leading digital capabilities and advantages, National Auction's core mission is to "reduce circulation costs and improve circulation efficiency", creating value for the industry and customers.
CEA - is a cross-border e-commerce platform for Chinese automobiles going global. Haihai Cloud is committed to strong alliances, leveraging the advantages of all parties, integrating dealer groups and vehicle source institutions, exploring export channels, connecting domestic manufacturers and dealer groups with overseas channels and buyers online, and helping Chinese cars create overseas circulation value.