About YIXIN Company

According to the Frost & Sullivan report, we are the largest online car retail trading platform in China based on the number and amount of automobile retail transactions in 2016. In the nine months ended September 30, 2017, the company facilitated a total of about 0.3 million automobile retail transactions and automobile-related transactions, involving an estimated total vehicle value of about RMB 29 billion. As of September 30, 2017, the company has managed a total of about 0.5 million vehicles, including those providing loan facilitation services, consumer financial leasing services, and operating leasing services. business model We have used the Internet car retail trading platform to establish an ecosystem involving consumers, car manufacturers, car dealers, car financing partners, and after-sales service providers to facilitate the entire consumer automobile transaction cycle and vehicle life cycle. Business division With our internet platform, the company operates a business divided into two major segments: (i) The trading platform business mainly includes facilitating consumer car purchase transactions, enabling our auto finance partners to provide car loans to consumers, providing car dealers with value-added services such as car networking systems, and providing advertising and membership services for car manufacturers, car dealers, auto finance partners and insurance companies; and (ii) Proprietary financing business, which mainly provides automobile financing solutions to consumers through financial leasing and operating leasing.