On November 16, 2022, Tianjin Lingang Industry and Finance Development Group Co., Ltd. and JETONDA Automobile Group Co., Ltd. held a strategic cooperation signing ceremony. Ji Xiaochen, Secretary of the Party Branch and Chairman of the Industry and Finance Group, Xu Qing, Deputy General Manager, Yuan Qiurong, General Manager of Lingang Leasing Company, Gao Yang, Deputy General Manager, Zhu Wenlong, Executive Deputy General Manager of JETONDA Automobile Group, Wang Qingsen, Administrative Director, Zhou Zuochao, General Manager of Rentong International Leasing Business Manager Huang Qiang and Tianjin JETONDA Yongda General Manager Wang Qianqian attended the signing ceremony.

Tianjin Lingang Industry and Finance Development Group Co., Ltd. was established in December 2021. It is an important secondary group company established by Tianjin Lingang Investment Holding Co., Ltd. under the Tianjin Port Free Trade Zone Management Committee to deepen state-owned enterprise reform and promote market-oriented transformation of existing business. Its subsidiaries include seven companies: financing leasing company, fund company, supply chain company, commercial factoring company, grain exchange, commercial company, and railway company. JETONDA Automobile Group Co., Ltd. has been deeply involved in the field of automobile circulation for more than 20 years, and is a group oriented enterprise mainly investing in automobile 4S stores. Since its establishment, it has grown into a group company that covers all aspects of automotive life, from new car sales to second-hand car transactions to environmental dismantling of used cars. In 2022, JETONDA Group was listed as 39 of the top 100 Chinese automobile dealer groups and 67 of the top 100 enterprises in Tianjin.

During the signing ceremony, both parties had in-depth discussions on future cooperation models and development strategies. The Industry and Finance Group will fully leverage comprehensive service tools such as leasing, factoring, and supply chain, and work together with JETONDA Group to leverage their professional advantages in their respective business areas to jointly explore business areas and strengthen cooperation in new car procurement, car sales, new energy vehicle promotion, second-hand car trade, and parallel import car trade. Industry and Finance Group will also vigorously support the business ecosystem of JETONDA Group, relying on business scenarios to carry out financing businesses such as test drive vehicles, commuting vehicles, new energy vehicles, and supporting equipment, and provide financing services for JETONDA Group and upstream and downstream customers.

Cooperation leads to development, and unity leads to win-win results. After this signing ceremony, Industry and Finance Group will work together with JETONDA Automobile Group to jointly face and actively explore solutions to the business environment, business innovation, and other issues encountered in business development. At the same time, based on the long-term development of the automotive industry, strengthen industry communication, deepen industry cooperation, and jointly promote the development of the automotive industry.

According to the requirements of relevant laws and regulations such as the Company Law of the People’s Republic of China and the Articles of Association of JETONDA Automobile Group Co., Ltd., on October 12, 2022, JETONDA Group held the first meeting of its first board of directors and reviewed and passed proposals such as the “Proposal on Electing the Chairman of the Company” and the “Proposal on Appointing Senior Management Personnel of the Company”.

The approved content is as follows: Regarding the election of Mr. Kang Peng as the Chairman of the first Board of Directors of the company; Hire Mr. Kang Peng as the General Manager of the company, and upon nomination by the General Manager, hire Yang Shaobin as the Deputy General Manager, Zhu Wenlong as the Deputy General Manager, Li Zhipeng as the Deputy General Manager, Gao Caihong as the Chief Financial Officer, and Zheng Qingquan as the Secretary of the Board of Directors. And other related content.
According to the requirements of relevant laws and regulations such as the Company Law of the People’s Republic of China and the Articles of Association of JETONDA Automobile Group Co., Ltd., JETONDA Group held the first meeting of the first supervisory board on October 12, 2022, and passed the Proposal on Electing the Chairman of the Supervisory Board. Mr. Cursor was elected as the Chairman of the first supervisory board of JETONDA Group.

The faithful and diligent performance of duties by members of the board of directors and supervisory board helps to standardize the discussion methods and decision-making procedures of JETONDA Group, improve standardized operation and scientific decision-making level, continuously improve the corporate governance structure, safeguard the rights and interests of shareholders, the company, and employees, and safeguard the high-quality development of the company.

On October 12, 2022, JETONDA Automobile Group Co., Ltd. (hereinafter referred to as “JETONDA Group”) held its founding meeting. The convening of this meeting marked the transformation of JETONDA Group from a limited liability company to a joint stock limited company, which is an important milestone for the company’s IPO listing and has a milestone significance, making positive preparations for the company’s listing. Officials from Xiqing District Finance Bureau, District Commerce Bureau, and Dashi Town attended the conference ceremony.

With the strong support of government leaders at all levels in Xiqing District, Tianjin and the efforts of all employees of JETONDA, JETONDA Group has achieved good business performance. It has hired a team of domestic first-class securities firms, lawyers, and accountants for guidance. Currently, significant progress has been made in the IPO work, the equity structure of the group and its subsidiaries has been further optimized, corporate governance has been more scientific and standardized, and the internal control system has been more sound, improving the company’s operational efficiency Reducing operational risks provides support and lays a solid foundation for achieving listing goals. In order to attract and retain outstanding management talents and business backbones, and advocate for the common development of the company and individuals, the company has established an equity incentive employee shareholding platform.

In accordance with the requirements of relevant laws and regulations such as the Company Law of the People’s Republic of China and the Articles of Association of JETONDA Automobile Group Co., Ltd., the establishment meeting has reviewed and passed the Proposal on the Overall Change of Establishment of a Joint Stock Co., Ltd. in Tianjin JETONDA Automobile Investment Group Co., Ltd., and the Proposal on the Election of Members of the First Board of Directors of the Company Proposal on electing non employee representative supervisors for the first board of supervisors of the company.
The content approved by the founding meeting is as follows:
1、Tianjin JETONDA Automobile Investment Group Co., Ltd. has undergone an overall change to establish a joint-stock limited company. After the change, the full name of the joint-stock company is JETONDA Automobile Group Co., Ltd. When the joint-stock company was established, the total number of shares issued was 193.75 million shares. The total number of shares of the joint-stock company is held by all existing shareholders of the limited company in proportion to their respective shareholding in the limited company.

2. The elected members of the board of directors are Kang Peng, Yang Shaobin, Zhu Wenlong, Li Zhipeng, and Wei Tianlin;
3. The elected members of the supervisory board are Cursor, Wang Hong, and the employee representative supervisor, Wang Qingsen.
   And other relevant proposals.

The founding conference of JETONDA Group is a phased achievement of IPO work, as well as a new starting point and journey for IPO work. Under the leadership of Chairman Kang Peng, JETONDA Group will create better business performance to welcome the achievement of IPO goals and leverage the power of the capital market to achieve leapfrog development.

Due to the resignation of Li Fang, the former main person in charge of the Pu’er Business Department of Tianjin Guoshou Insurance Agency Co., Ltd. Yunnan Branch due to work reasons, in order to ensure the normal operation and business development of this branch, on June 27, 2022, Tianjin Jietongda Automobile Investment Group Co., Ltd., a wholly-owned shareholder of Tianjin Guoshou Insurance Agency Co., Ltd., made the following decision at the Tianjin headquarters of Tianjin Guoshou Insurance Agency Co., Ltd.:
1、Remove Li Fang from his position as the main person in charge of the Pu’er Business Department of Tianjin Guoshou Insurance Agency Co., Ltd. Yunnan Branch;
2、Appoint Comrade Tan Jianzhang as the main person in charge of the Pu’er Business Department of Tianjin Guoshou Insurance Agency Co., Ltd. Yunnan Branch.
The above decision will take effect from July 1, 2022.

Digital Transformation | JETONDA’s Road to Digital Transformation – IT Departure Data as the King
Sending warmth to the east, spring is full of vitality
On March 12, 2018, the “IT Departure Data is the King” JETONDA SAP ERP project launch meeting was grandly held at the Crowne Plaza Hotel in Meijiang, Tianjin, marking the official opening of the digital transformation path of Tianjin JETONDA Group.
The JETONDA SAP ERP project is the informationization starting point for the future integrated IT platform construction of enterprises, which will form the core business blueprint template of JETONDA and embark on the path of enterprise future business transformation and upgrading.

Kang Pengxian, Director of JETONDA Group

At the kickoff meeting, Kang Pengxian, the director of JETONDA Group, delivered a brilliant speech. The digitalization of management and operation, as well as marketing services, will be the future of JETONDA Enterprise. Based on data, providing precise marketing and service level for customers, and enhancing group management and operational efficiency based on data will become an important driving force for the future development of the enterprise.

Development process of digital transformation

The implementation of SAP ERP provides a data basis for enterprise business analysis, breaking away from the tedious work of statistical data, and greatly improving data accuracy, authenticity, and timeliness; Secondly, all businesses and processes have been standardized and unified, which has improved the efficiency of group management, training, and talent reserve; Finally, the rigorous SAP system management concept has brought the management of JETONDA Company to a new level. The standardized operation of each link will contribute real data to the digital transformation of the group, enabling its enterprise leaders to have a clearer understanding of the current situation of various links in the enterprise, laying the foundation for the development of the enterprise.

Xiang Yi won the Dingge Award

▲ JETONDA ERP
At the end of 2019, Tianjin JETONDA Group introduced CIO Han Xiao, a professional in digital transformation. In his opinion, building a digital customer operation system will be the key to JETONDA’s future development. JETONDA’s current performance cannot be separated from the promotion of digital strategy, which has improved the overall operational efficiency of the company

▲ Han Xiaoxian, CIO of JETONDA Group

Firstly, he standardizes the operation of the enterprise and puts it into practice, so that the enterprise can achieve scale expansion while maintaining management; Secondly, make significant contributions to the company’s internal control system, enhance the ability to identify, operate, and resolve risks, and promote the quality development of business; In addition, this makes marketing and services closer to the daily habits of households and has gained recognition from them.
For JETONDA, digitization is the key to helping the group’s business scale increase. It is a powerful tool to assist the online team, optimize the user experience, and ultimately serve customers.
To this end, based on the customer-centered goal, combined with personal geographical characteristics, brand characteristics, team characteristics, and enterprise localization, Jetta has developed an overall plan around digital transformation.
Multi level layout, unleashing new digital momentum
In terms of building the entire system, JETONDA focuses on four levels.

Digital overall architecture

Its core is the main system. After more than 2 years of ERP construction, JETONDA has basically achieved the integration of business finance and the digitization of internal management. Simultaneously integrate ERP, OA, HR and other core systems into the digital system, forming the underlying main system.
Its core is operational management. Based on the underlying main management system, there are many mathematical models planted, allowing the group and various stores to quickly understand a certain
Quickly understand the current situation of each business segment, understand the company’s financial situation, and make timely decisions. Before the introduction of a digital system, decision-making was mostly based on individual experience and limited data.
The third is customer operation management. Build a customer operation management system based on the first and second levels. Utilize interconnected segments, such as live streaming, short videos, etc., to help line workers achieve more effective customer operations through digital systems and tools.
The fourth is online services. Move rescue, service appointment, problem consultation, promotional activities, and billing online to provide more online service experiences for customers and enable them to better connect with JetExpress. In the future, JETONDA can also connect with insurance companies, cross industry alliances, and other enterprises, providing households with a comprehensive service experience centered around customers.
JETONDA connects digitalization from legal theory and planning to online business, and then to connecting customers, providing customers with continuous and comprehensive services, and providing great assistance for performance growth.

Digital marketing platform program function display

JETONDA is divided into four stages in the process of customer digital transformation: the first stage completes the integration with ERP, insurance, marketing platform, and DMS, forming a customer data pool; In the first stage, integrated the enterprise system, financial system, CRM, and regional sub business system, and cooperated with the construction of enterprise WeChat and marketing platform promotion and CRM to form a data feedback loop; In the third stage, the analysis model was continuously optimized based on data output and business system return data, and the report and task system were improved. By managing customer data in various systems such as business DMS, group insurance, HR, and ERP, the uniqueness and relevance of past and subsequent customer information within the group have been achieved. The fourth stage is to focus on customers, build a better experience of digitalization of the entire service process, and connect more widely with industry partners to build a better automotive life for customers
Looking Forward to the Future
With the continuous improvement of JETONDA’s digital system and the deepening development of various systems, JETONDA’s digital construction has shown a trend of comprehensive development. RPA machines that solve repetitive work, HR phase projects that can support the group’s development strategy, as well as new BI projects, are also in full swing, The future path of digital development for JETONDA Group will be the driving force behind the group’s development.

JETONDA Group New Energy Mall

At the age of 20, JETONDA has developed into a group enterprise that integrates automotive sales, after-sales service, automotive accessories, automotive finance, and other businesses, with a revenue of over 11 billion yuan and serving customers of over 500000. Standing at a new starting point and relying on the digital market, we believe that Jetta will usher in more breakthroughs and achieve continuous business growth in the face of the ongoing changes. This is the key password for Jetta to achieve counter trend growth.