On May 21, 2019, Yunnan Chixing successfully passed the inspection and examination from POCC with the support of teams at all levels of the Group and officially launchedon June 1, whichhasbecome a new memberofthe Group’s automobile sector.

Mercedes-Benz POCCalways adherehigh-standard and strict-requirement acceptance principles.With the cooperation of the Group’s automobile and real estate sectors, Yunnan Chixingobtained high recognition from headquarters. Thehardwareconforms to the latest standard of OEM, no matter the overall store decorationor partial furnishings; In terms of software, from clothing to service of every staff,every aspects have demonstratedthe cultural idea of “the best or nothing” from Mercedes-Benz.

Yunnan Chixing is the fifth authorized dealer of Mercedes-Benz in Kunming.The Company is located in the Xiaotun Automobile City Business District, Gao XinDistrict, Kunming City, a convenient transportation location with designated car parking spaces of over 200. The Company’s total construction areais 40,000 m2, among whichexhibition hall area of 1,200 m2, after-sale maintenance service area of 10,000 m2, and independent customer rest room area of 500 m2, together witha 3-layer interchange modern logistics accessorywarehouse with utilization area of 1,000 m2.

Yunnan Chixingis also the first Mercedes-Benz 4Sshop in Yunnan equipped with the world’s latest MAR2020 standard (Code: Future Mercedes-Benz Space).MAR2020has made a breakthrough onthe traditional sales model of 4S shop, setting high tables, bars, sofa and leisure areas replacing counters which separates salespersonsfromcustomers. All vehicle information in the exhibition hall isdisplayed bydigital devices, customerscould receive the latest sales policies, preferential information and online interactive services through interactive information screens and interactive price tags,which brings customers convenient and enjoyable purchasing experience.

Besides that, YunnanChixing has a professional and efficient sales team as well as a genuine and enthusiastic after-sale technical service team, with a total of 80 employees, 95% with an education background of colleague or above.The management team and core staffhave manyyears’ work experience in Mercedes-Benz system.

This successful acceptance symbolizedthat Yunnan Chixinghadentered a new operationstage, and the Company will adherethe operation concept of “excellence follows and Chixingaccompanies” to provide premium and perfect service and experience to customers.