Milestones

Milestones

The key milestones of the development of our Group are as follows:

2001	We opened our first store in Xuzhou, Jiangsu province which was the first automobile dealership store in the city.
2004	We expanded outside Xuzhou, Jiangsu province and established our first store in Lianyungang, Jiangsu province.
2005	We established our first store in Huai’an, Jiangsu province.
2006	We were named as a Top Ten Auto Marketing Group (全国十佳汽车营销集团) by the China Automotive News (中国汽车报社).
2008	We opened our first store for BMW/MINI in Xuzhou, Jiangsu province.
2009	We opened our first store for BMW in Lianyungang, Jiangsu province. We established our pre-owned automobile trading center in Xuzhou, Jiangsu province.
2010	We opened our first store in Huai’an, Jiangsu province for BMW. Pre-IPO Investment by KKR Auto in our Group.
2011	We opened our first store for Lexus in Xuzhou, Jiangsu province. We opened our first store for Land Rover and Jaguar in Shanghai. We opened our first stores in Nantong, Jiangsu province, Huzhou, Zhejiang province and Ma’anshan, Anhui province for BMW.
2012	We opened our first stores in Zaozhuang, Shandong province for BMW and in Yantai, Shandong province for Land Rover and Jaguar. We opened our first store in Huzhou, Zhejiang province for MINI and our first store for Cadillac in Huzhou, Zhejiang province.
2013	We opened our first store for Maserati in Xuzhou, Jiangsu province. We opened our first stores in Suzhou, Nanjing and Yancheng, Jiangsu province and Rizhao and Linyi, Shandong province for BMW. We acquired our first stores for Audi in Linyi and Zaozhuang, Shandong province.
2014	We opened our first store for Maserati and Ferrari in Jinan, Shandong province. Successfully Listed on the Main Board of HKEx on 12 August.