CAR CEO Yang Nan builds a diversified way of acquiring and operating vehicle assets

Mondo Finance Updated on 2024-01-31

Recently, the 2023 (10th) Global Leasing Industry Competitiveness Forum Annual Summit was held in Tianjin. Yang Nan, CEO of CAR, a leading brand in China's car rental industry, was invited to attend the conference and delivered a keynote speech.

This year's annual summit is hosted by the Global Leasing Industry Competitiveness Forum, and is guided by the Tianjin Dongjiang Comprehensive Bonded Zone Management Committee and the Dongjiang Leasing Industry (Talent) Alliance. The Global Leasing Industry Competitiveness Forum is the first world-class leasing industry forum centered on China, with a new vision of becoming the "Davos" of the leasing industry. With more than 800 participants, with the theme of "Deepening the Understanding of the Essence of Leasing and Enhancing the Core Competitiveness of the Industry", the summit invited leaders of leading departments and regulatory agencies, experts and scholars in the leasing field, and executives of leading enterprises in the industry to focus on the hot spots of the leasing industry, summarize the development status of the industry, and provide competitive intellectual solutions for the high-quality development of the leasing industry.

Lian Maojun, Secretary of Tianjin Binhai New Area Party Committee, attended and delivered a speech. Li Hong, deputy director of Tianjin Financial Bureau, and Yang Liu, secretary of the Party Committee and director of the Management Committee of Dongjiang Comprehensive Bonded Zone, attended the summit. Lian Maojun hopes that leasing companies should be based on their origins, help the new development of the real economy, take serving the real economy as the fundamental purpose, and actively carry out direct leasing and operating leasing businessActively participate in the revitalization of high-quality stocks, explore new leasing models, and expand industrial increments in the revitalization of stocks.

Yang Nan, CEO of CAR, delivered a keynote speech at the 2023 (10th) Global Leasing Industry Competitiveness Forum Annual Summit.

Yang Nan, CEO of CAR, delivered a speech on the theme of "Deeply Cultivating the Car Rental Industry and Leading Ecological Development" in the main forum. Yang Nan pointed out that driven by the strong recovery of tourism after the epidemic, along with the changes in the consumption habits of the younger generation, especially "Generation Z", and the promotion of digital technology, China's car rental market has returned to a rapid growth track. In the future, China's car rental market will not only continue to grow in scale, but also gradually show a trend of concentration towards the head.

For a car rental company like CAR, which covers the whole country and is 100% directly operated, how to continuously and efficiently acquire new cars to ensure that users can rent new cars with new styles and good condition in a timely manner has become an important practical issue. In this regard, CAR has explored a new path of high-quality development in the past two years. Yang Nan introduced that at present, CAR has built a set of diversified vehicle asset acquisition and operation methods, and has achieved closer cooperation with ecological partners including financial leasing institutions, automobile manufacturers, automobile dealer groups and car rental enterprises.

On the same day, Li Gongliang, member of the Standing Committee of the Party Committee and Deputy Director of the Management Committee of Tianjin Dongjiang Comprehensive Bonded Zone, Xu Bin, Chairman of BOCOM Financial Leasing, Zhang Bao, President of ICBC Financial Leasing, Zhang Lianhuai, President of CMB Financial Leasing, Kong Xiangge, President of Minsheng Financial Leasing, Hu Wenyong, Chairman (proposed) of Bank of China Financial Leasing, and other guests delivered keynote speeches.

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