Heng Yuan He (Ningxia) Import and Export Trade Co., Ltd. was established in February 224 and has been deeply engaged in the field of used car export, committed to promoting China's high-quality used car resources to the international market. The company's is located in Ningxia, China, and with the unique geographical location and rich industry experience, we have successfully provided high-quality used car products and comprehensive services to many overseas. The predecessor of the company mainly focused on the development of used car business with Shaanxi Yihe Zhongheng Haoche Import and Export Trade Co., Ltd. Xi'an as the center, and formed a unique "Haoche" supply chain and supply team in the circulation, operation, and sale of domestic used cars. The export business domestic new energy vehicles was initiated in 2020. In 2019, the state encouraged the export of new energy vehicles, and the Ministry of Commerce approved batch of pilot enterprises to export domestic new energy vehicles. The company seized the opportunity, after two years of market research and investigation at home and abroad, familiarized with domestic new energy brand parties and manufacturers, and established close cooperative relations with various Chinese independent brands and 4S stores to ensure that we can obtain the latest industry information and first-hand product. During this period, we continuously optimized the sales process, accumulated potential overseas customers, and built a professional sales team to adapt to the market demand in different regions. With the continuous and deepening of the used car export business, Heng Yuan He (Ningxia) Import and Export Trade Co., Ltd. actively responded to national policies and market and completed the company's secondary filing work. This secondary filing not only covers the basic customs and foreign trade operator filing but also specially targets the special requirements for vehicle export, and out more detailed vehicle export qualifications, quality management system and after-sales service system filing. This is not only a reconfirmation of our ability to operate in compliance with the, but also a solid foundation for us to continuously improve service quality and expand the international market.

