Ningbo Xinzhiheng Import and Export Trading Co., Ltd. was established by Ningbo Xinzhijie Group. Currently, it operates 4S stores for brands such as FAW Hongqi, Changan Mazda, GAC Ai'an, Yueda Kia, and GAC Wubo, as well as 1 used car exchange center and 1 repair center. Ningbo Xinzhiheng Import and Export Trading Co., Ltd. was originally a 4S store for FAW Mazda and was founded in March 2019. After the merger of FAW Mazda and Changan Mazda in October 2021, Ningbo Xinzhiheng transformed into a used car sales company, selling 300 used vehicles and exporting 528 vehicles from September 2024 to December 2024. At present, the import and export team consists of 11 people responsible for domestic vehicle channel procurement, warehouse exhibition and sales services, overseas sales, third-party services, and domestic and international platform operations. The company will actively explore markets such as Russia, Kyrgyzstan, Iran, Southeast Asia, and the Middle East by utilizing the new car resources, used car procurement resources, scrapped car recycling resources, and main machinery factory resources of various brands under the group.