On the occasion of bidding farewell to the old and welcoming the new, the “2024 Cloud Annual Meeting of Jetonda Automobile Group Co., Ltd.” was successfully held at Jetonda New Energy Vehicle Mall.

On February 3rd at 15:30, employees from various subsidiaries of Jetta, from Yunnan and Tianjin, gathered in the live broadcast room of the annual meeting, accompanied by New Year’s greetings videos sent by each subsidiary, to witness this unforgettable moment together. Mr. Kang Peng, Chairman and CEO of the Group, Mr. Zhu Wenlong, Vice General Manager of Luxury BG, Mr. Yang Shaobin, Vice General Manager, Mr. Li Zhipeng, President of Used Car BG, Vice General Manager, Mr. Zhu Jinghua, COO, Vice General Manager, Ms. Xing Yuanyuan, President of New Energy and Japanese BG, Vice General Manager, Mr. Han Xiao, CIO, Vice General Manager, Ms. CRO Liu Peng, Vice General Manager CFO Mr. Zhou Wanbiao, Vice General Manager, Mr. Gu Yalei, President of Volkswagen BG, and commended representatives attended the annual meeting.

Time flies, time flies like a shuttle. Looking back on the path of progress in the past, fruitful results are ahead of us. At the beginning of the annual meeting, a VCR was recorded by the group’s executives, reflecting on the glorious achievements of Jetta over the past year. At the same time, some family members of employees were invited to appear on camera, showing us the progress and growth of employees in the work and life of the group from a different perspective.

2023 is an extremely difficult and challenging year, with industry profits narrowing and severe market competition. In such a fiercely competitive environment, we have firm confidence, steady progress, and achieved the most brilliant sales performance. Throughout the year, sales of 64575 new cars increased by nearly 10%, 12299 used cars increased by nearly 25%, 1908 imported and exported cars, and over 610000 repairs were carried out, achieving a revenue of nearly 13 billion yuan. Jetonda experts face difficulties, rise to challenges, face competition, and have the courage to challenge, completing personal transformation and achieving the prosperity of the company. In 2023, Jetta Group ranked 42nd among the top 100 dealers in China’s automotive distribution industry; Ranked 28th among the top 100 private automobile circulation enterprises in China; 34th place among the top 100 service industry enterprises in Tianjin; Awarded as an excellent member in the integrity management of China’s automotive circulation industry. At the same time, multiple stores of the group have received recognition and honors from the government, industry, and manufacturers. In his speech at the Cloud Annual Meeting, Mr. Kang Peng, the Chairman of the Group, expressed full recognition and heartfelt gratitude to the outstanding achievements of Jetonda people in the past year on behalf of the Group, and called on all employees to “work together, promote stability through progress”, with profit as the center, and tirelessly strive for the high-quality and sustainable development of Jetonda! Mr. Kang’s speech brought the online and offline atmosphere to a climax.

In the award ceremony of this conference, many honors were presented, including the “Excellent Employee Award”, “Profit Growth Award”, “Profit Ranking Award”, and “2023 Ten Year Excellent Employee Award”. The award-winning representatives spoke on stage, expressing their inner excitement and excitement.

Speech by the award-winning representative

The annual meeting scene was surrounded by warm lighting and cheerful music, and after five exciting rounds of lottery, the employees present were filled with joy and anticipation on their faces. The highlight of this annual meeting is that the brothers and sisters of Jetonda went to the battle in person and dedicated a new “Good Morning Longhui” MV. The wonderful singing ignited the enthusiasm of the whole audience and demonstrated the vitality and continuous innovation spirit of Jetonda people.

Amidst the applause and cheers of everyone, the 2024 Cloud Annual Meeting of Jetonda Automobile Group Co., Ltd. came to an end, with the slogan of “unity of purpose, progress and stability”.

As the Spring Festival is approaching, I wish you all the best in the the Year of the Loong!

On April 28, 2024, with 150 second-hand cars being shipped from Jetta Group headquarters to the port, it marked that Jetta International Business Unit’s cumulative export volume reached 800 units this year, an increase of 88% compared to the same period in 2023, laying a solid foundation for achieving this year’s export target.

Since entering 2024, China’s second-hand car exports have faced significant challenges. The Red Sea crisis has led to transportation disruptions, further intensified competition, and a continuous increase in shipping costs, among other comprehensive pressures. The export business has continued to be under pressure. Jetonda International Business Unit resolutely implements the overall requirements of the group’s “unity of desire, progress and stability”, faces difficulties, increases market development efforts, completes visits to key overseas markets, and signs long-term cooperation agreements with key partners. At the same time, organize the source of goods, accelerate vehicle shipments, and minimize the risks brought by rising sea freight costs.

The number of motor vehicles in China exceeds 400 million, and the second-hand car market has enormous potential. Since China began the pilot work of second-hand car exports in 2019, the export of second-hand cars has shown a rapid development trend and has achieved significant results. The second-hand car export industry in China is currently at a new historical juncture, which is also a period full of hope and challenges.

Jetonda International Business Unit will continue to carry out the “Six Efforts” activity, continue to work hard, make new achievements, increase overseas market development efforts, improve cost reduction and efficiency development capabilities, and make unremitting efforts to exceed the annual export target.

Recently, the All China Federation of Industry and Commerce organized a collection of typical cases of digital transformation in private enterprises to implement the decisions and deployments of the Party Central Committee and the State Council to accelerate digital development and build a digital China. Finally, 115 cases were selected to form a typical case collection. Jetonda Automobile Group Co., Ltd. was selected as a typical case of digital transformation of private enterprises by the All China Federation of Industry and Commerce, and became one of the 8 enterprises selected in Tianjin.

Jetonda Automobile Group Co., Ltd. is a group enterprise mainly engaged in investing in automobile 4S stores. Its main business includes automobile sales, after-sales service, automobile parts, used cars, parallel imported cars, automobile leasing, and automobile derivative services. The company is located at 018 Chuyuan Road, Dasi High tech Industrial Park, Xiqing Economic Development Zone, Tianjin. In August 2001, the first automotive 4S dealership of Jetta Group was officially put into operation; By the end of 2023, the group had established distribution cooperation business with 33 well-known domestic and foreign automobile brands, and built over 130 automobile 4S stores and various types of stores in Tianjin and Yunnan. It currently has 4300 employees and serves nearly 850000 car owners.

Jetonda’s senior management attaches great importance to the digital transformation of the enterprise. After more than 2 years of ERP construction, it has basically achieved the integration of business and finance and the digitization of internal management. Before the introduction of a digital system, decision-making was mostly based on personal experience and limited data. The implementation of digital systems connects and integrates core systems such as ERP, OA, and HR, forming the underlying backbone system. Based on the underlying backbone system, numerous mathematical models are implanted, allowing the group and various stores to quickly understand the current situation of a certain business sector, quickly understand all aspects of the company, and make timely decisions through these models. Build a customer operation management system based on the first and second levels mentioned earlier. By means of the Internet, such as live broadcast, short video, etc., we can help front-line personnel to achieve more effective customer operations through digital systems and tools. Move rescue, service appointment, problem consultation, promotional activities, and billing online to provide users with a rich online service experience, enabling them to better connect with Jetta. In the future, Jetta can also connect with insurance companies, cross industry alliances, and others to provide users with a comprehensive car centered service experience, creating a “user enterprise” Jetta.

The Jetonda digital system has achieved comprehensive integration of SAP system, OA system, fund system, and customer marketing system. The implementation of ERP system has made the internal control management of the enterprise more in place. The increase of 123 control points has greatly saved the enterprise from resource waste. Each resource savings will provide impetus for forward development. The continuous investment in digital transformation cannot be separated from the reduction and development of enterprise resources. This will enable Jetta to enter a healthy cycle in digital transformation, making the core advantages of Jetta’s digital transformation more and more obvious, and leading the automotive circulation industry in management.

On January 28, 2024, JETONDA OVERSEAS DIVISION held a grand ceremony for the batch departure of second-hand cars to the sea at the group headquarters. The ceremony marked the official launch of the first batch of second-hand car orders of the International Business Department in 2024, including Toyota, Kia, BYD and other well-known brands, with a total of more than 100 units, ushering in a good start for the second-hand car export business in 2024.

Looking back on 2023, the International Business Division has achieved remarkable results, and the export volume of used cars has achieved a five-fold increase. Their footprints cover the Middle East, Southeast Asia, Central Asia, Russia and other markets, showing strong market expansion capabilities. At the same time, the product line has been continuously enriched, relying on the resource guarantee advantages of the group’s 33 domestic and foreign brands and more than 130 automobile stores, providing strong support for overseas market expansion.

As a leading automobile dealership group in China, JETONDA AUTO GROUP attaches great importance to export business and provides inclined support in terms of resources from all parties. Looking forward to 2024, the International Business Division will continue to increase its efforts in international market development, deepen terminal market operations, and make unremitting efforts to achieve the annual export target.

In the new year, let us look forward to more brilliance on the international stage!

Li Zhipeng, deputy general manager of JETONDA AUTO GROUP, was invited to participate in the interview program of Tianjin Satellite TV News Channel V to talk about the development of the group’s new energy vehicles, second-hand cars, and overseas markets.

On December 13, 2023, a delegation from Cambodian mainstream media visited JETONDA Cambodia to report on the development of electric vehicles in China, understand the functions and advantages of electric vehicles, highly appreciate the development achievements of Chinese electric vehicles, and look forward to more in-depth cooperation with the company. Liu Lei, deputy general manager of JETONDA OVERSEAS DIVISION, and Ren Jinghong, exhibition hall manager of Cambodia company, attended the reception event.

First of all, Liu Lei, deputy general manager of JETONDA OVERSEAS DIVISION, expressed a warm welcome to Cambodian media friends, he said that JETONDA AUTO GROUP is a large domestic automobile dealer group, has established long-term friendly cooperation with more than 30 well-known domestic and foreign automobile brands, and has more than 110 automobile sales stores, covering Tianjin and Yunnan, the group’s international business has covered the Middle East, Central Asia, Southeast Asia, Russia and other markets, accelerating the layout of the international market, and the export volume of second-hand cars ranks in the forefront of the industry. The layout of the Cambodian project is also an important measure for the group’s internationalization. He pointed out that China’s new energy vehicles are developing rapidly, and the industry is leading the world, providing global users with a clean and intelligent driving experience.

The Cambodian media group personally observed the two second-hand models of Volkswagen ID4 CROZZ and ID6 CROZZ, and learned about the details of the model’s battery capacity, battery life, intelligent configuration, charging, etc., and Ren Jinghong, the exhibition hall manager of the Cambodian company, gave a detailed introduction, so that the media delegation had a deeper understanding of the development of China’s new energy vehicles, and looked forward to maintaining close communication and cooperation with JETONDA Cambodia Company to contribute to the promotion of new energy vehicles in Cambodia.

On November 11, 2023, a delegation of more than 40 auto dealers organized by AUTOBOSS of Russia visited JETONDA AUTO GROUP CO.,LTD. to gain an in-depth understanding of the development process of China’s automobile dealership and promote the cooperation between China and Russia in automobile trade, which was warmly welcomed by JETONDA AUTO GROUP CO.,LTD.. Kang Peng, Chairman of JETONDA AUTO GROUP CO.,LTD., Han Xiao, CIO, Zhou Wanbiao, CFO, Liu Peng, Human Resources Director, Li Zhipeng, President of Used Car BG, and Ma Yongquan, Senior Director of the Group, participated in the reception. The reception was presided over by Liu Lei, deputy general manager of the international business department.

Chairman Kang Peng expressed a warm welcome to the arrival of the Russian AUTOBOSS and the Russian car dealer delegation, he said that China and Russia are separated by a strip of water, and the friendship between China and Russia has a long history, and the visit of Russian guests to JETONDA AUTO GROUP CO.,LTD. is not only a symbol of the friendship between the Chinese and Russian peoples, but also a true embodiment of Sino-Russian trade friendship. He pointed out that JETONDA AUTO GROUP CO.,LTD. is a large domestic automobile dealer group, which has established long-term friendly cooperation with more than 30 well-known domestic and foreign automobile brands, and has more than 110 automobile sales stores, covering Tianjin and Yunnan, and has rich experience in 4S store management and operation, after-sales service support, second-hand car resources, etc. He looked forward to establishing long-term friendly cooperation with all Russian guests to achieve mutual benefit and win-win results, and write a new chapter in China-Russia friendship.

Ma Yongquan introduced the development of JETONDA AUTO GROUP CO.,LTD. to the Russian guests, and said that the international business department of the group has exported vehicles to the Middle East, Central Asia, Southeast Asia, Russia and other markets, and gradually set up regional operation centers in Southeast Asia and Central Asia to accelerate the layout of the international market. JETONDA AUTO GROUP CO.,LTD. will further implement the “Belt and Road” strategy, stabilize the domestic market, expand the international market, follow international rules, strengthen international cooperation, seek business development, improve the quality of development, and contribute to Chinese-style modernization.

The leaders of the group led the Russian delegation to visit the stores of FAW-Volkswagen, FAW Jetta, FAW Toyota, Zeekr, Lynk & Co, Lotus and mainstream independent new energy such as Xpeng, Jihu, Wenjie, Aion, Leap and other auto brands, to observe the second-hand car market on the spot, and to gain an in-depth understanding of the operation mode of JETONDA new energy automobile market.

At the end of the event, the Russian guests who participated in the meeting highly appreciated the development of JETONDA AUTO GROUP CO.,LTD. and looked forward to establishing long-term and friendly cooperation with JETONDA AUTO GROUP CO.,LTD. in the future.

On November 8, 2023, the inaugural meeting of the China Automobile Enterprise International Development and Innovation Alliance was held in Shenzhen, which is guided by the Ministry of Industry and Information Technology, led by the China Association of Automobile Manufacturers (hereinafter referred to as the China Association of Automobile Manufacturers) and the China Automotive Technology and Research Center Co., Ltd. (hereinafter referred to as the China Automotive Technology and Research Center). Su Bo, former Vice Minister of the Ministry of Industry and Information Technology and Chairman of the Alliance Steering Committee, Li Chunjiang, Deputy Director of the Certification and Supervision Department of the State Administration for Market Regulation, leaders of the Shenzhen Municipal Government, leaders of Pingshan District, Fu Bingfeng, Executive Vice President and Secretary-General of the China Automobile Association, Lu Mei, General Manager of the China Automotive Center, overseas departments of major domestic automobile factories and parts factories, and logistics and trading enterprises related to automobile exports participated in the conference.

Liu Lei, deputy general manager of JETONDA OVERSEAS DIVISION, attended the meeting and participated in the follow-up policy research, standards and regulations, market research and other work in the field of second-hand car export, helping the healthy and orderly development of China’s second-hand car export industry.

The automobile industry is one of the industries with the highest degree of globalization, and deep participation in globalization is a major opportunity for China’s automobile companies to become bigger and stronger, and it is also the only way to achieve high-quality development of the automobile industry. The report of the 20th National Congress of the Communist Party of China pointed out that “it is necessary to deeply participate in the global industrial division of labor and cooperation, maintain a diversified and stable international economic pattern and economic and trade relations, and comprehensively promote high-level opening up”. Since the beginning of this year, the scale and efficiency of automobile exports have continued to improve, the export momentum of new energy vehicles has been strong, and overseas investment cooperation has been deepened.

Closely following the national “Belt and Road” initiative, with its rich experience in the field of domestic automobile dealership, JETONDA AUTO GROUP CO.,LTD. has gradually explored the markets of the Middle East, Central Asia, Southeast Asia and Russia, and gradually established regional operation centers to strengthen international cooperation and achieve high-quality development of enterprise internationalization.

On October 26th, the Chairman of Jordan’s Abdulou Company, Mr. Ammar, along with the General Manager Bashar and partner Mike, visited Jetonda Automotive Group to discuss future collaboration. The reception was attended by Jetonda’s Chief Information Officer (CIO) Han Xiao, Chief Financial Officer (CFO) Zhou Wanbiao, and Deputy General Manager of the International Department Liu Lei.

Jetonda Automotive Group’s CIO, Han Xiao, warmly welcomed the senior delegation from Abdulou Company. He highlighted that Jetonda Automotive Group, as a large domestic automotive dealership conglomerate, has established long-term partnerships with 29 renowned domestic and international automotive brands. With over 110 automotive sales outlets and operations covering Tianjin and Yunnan, Jetonda possesses extensive experience in 4S dealership management, after-sales support, and used car resources. Han Xiao expressed the anticipation of deepening cooperation with Abdulou Company in Jordan and surrounding markets.

Jetonda’s Deputy General Manager of the International Department, Liu Lei, introduced the development history of Jetonda Automotive Group and its international market expansion strategy to Abdulou Company. He expressed the hope for close collaboration in vehicle sales, after-sales services, and parts support.

Mr. Ammar, Chairman of Abdulou Company, mentioned that Abdulou Company is a major automotive dealership conglomerate in Jordan and neighboring regions, with operations spanning Jordan, the United Arab Emirates, and the Iraqi market. They import over 1000 cars annually. Since the beginning of their cooperation with Jetonda Automotive Group in early 2023, significant achievements have been made, laying a solid foundation for Jetonda Automotive Group’s business expansion in the Middle East. Mr. Ammar expressed his commitment to further strengthening the partnership with Jetonda Automotive Group and looked forward to exploring cooperation in various fields.

During the meeting, Jetonda’s CIO Han Xiao and CFO Zhou Wanbiao presented the Chairman of Abdulou Company, Mr. Ammar, and partner Mike with the Annual Best Partner Certificate, with the shared goal of achieving continued success through collaboration.

This meeting further enhanced the connection between Jetonda’s International Business Division and its important partner in the Middle East, fostering increased trust and positively contributing to the achievement of annual goals.

On October 15, 2023, the mass export ceremony of Volkswagen ID4 and ID6 used cars of JETONDA Group International Division to the Middle East region was successfully held in Tianjin Port.
JETONDA International Division not only provides customers with pre-departure vehicle repair and inspection services, but also provides perfect after-sales service and technical support, so that customers can buy a car with security, greatly improving customer recognition and brand awareness.