The company was founded on June 18, 1999, and successfully issued 80 million RMB common stock (A shares) on January 4, 2001 on the Shanghai Stock Exchange, and successfully listed on February 16 of the same year. The establishment and development of the company is an important part of the history of public transportation development in the capital. The company mainly operates in three business segments: advertising media, automotive services and new energy. The main products are bus body media, bus booth light boxes and other bus advertising media, small passenger car sales, repair and after-sales car 4S stores, vehicle leasing, vehicle scrapping, dismantling and recycling, and new energy sources.