About XXF Company

Xixiangfeng Group Holdings Co., Ltd. is a well-known automobile retailer that mainly provides car finance and leasing services through its own sales outlets in China. The Group's main business includes: (i) automobile retail and financing, where we sell most non-luxury cars through direct financial leasing; and (ii) automobile-related business, where we mainly provide car management and leasing services and other automobile-related services. Our automotive retail and financing business clients are mainly individuals seeking non-luxury models in second-tier cities, third-tier cities and below in China. Our leasing business clients are mainly individual customers looking for car rental services and online car-hailing drivers seeking online car-hailing. We have established an extensive sales network, with sales outlets mainly located in second-tier cities, third-tier cities and below in China. As of October 20, 2023, we are operating 77 sales outlets in 25 provinces and municipalities directly under the Central Government in China.