From 2003 to 2015, Kaihe owned multiple brand 4S stores (such as Jaguar Land Rover Wenzhou 4S store, Baocheng BMW Taizhou 4S store, etc.). In 2015, we began to build the "F7 Automobile Plaza", which mainly sells imported parallel cars, used cars, and all types of car models. The service network covers the whole country, and the business area exceeds 80000 square meters. In 2019, the "F7 Automotive Plaza" was officially put into operation, positioning itself as a high-end automotive service ecosystem, covering top brands such as NIO, Li Auto, Huawei AITO, BYD, Bentley, etc., and opening up a specialized high-end used car trading sector to create diversified automotive consumption scenarios.

—— F7 Automobile Plaza   ——

In 2021, relying on qualified enterprise resources, Kaihe completed the export of nearly 1000 second-hand cars through collaborative cooperation, and successfully explored the Middle East and Eurasian markets through agency models, building a mature supply and demand chain; In 2022, the cooperative export volume increased to over 2000 units, a year-on-year growth of 100%. Obtained the qualification for exporting second-hand cars from the Chinese Ministry of Commerce in 2023, and completed the export of 1879 vehicles that year, with a total value of 59.18 million US dollars; In 2024, the export volume increased by 272% (6990 vehicles), with a value exceeding 240 million US dollars, ranking among the top three in Zhejiang Province in terms of both export value and export volume. Through overseas agency and distribution cooperation, we have opened up markets in more than 30 countries including Russia, Central Asia, and Southeast Asia, and innovatively launched cross-border quality assurance services to help Chinese used cars "go global".