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Century United Holdings (01959) plans to make the electric vehicle business one of its key development strategies in the future

Century United Holdings (01959) plans to make the electric vehicle business one of its key development strategies in the future

The board of directors of Century United Holdings (01959) announced that the board of directors believes that the company has favorable conditions to replicate the successful experience accumulated by Zhongshan for a long time to other cities in the Greater Bay Area that have commonalities in terms of market, culture and consumption habits.

The layout of electric vehicle sales and aftermarket services is in line with the national development policy, promote corporate social responsibility and provide new growth points for enterprise development. After careful study and discussion at several meetings of the Directors, and combined with the current market and industry development trends, it is planned that the Group will take the electric vehicle business as one of the key development strategies in the future. Specific directions include: First, actively strive for competitive electric vehicle brand dealership rights; The second is to expand the construction and operation of the electric vehicle charging network in the Greater Bay Area; The third is to pay close attention to the northbound business of hong kong vehicles; The fourth is to apply various value-added services such as unique one-stop after-sales maintenance services, insurance sales agents, and second-hand car business to the aftermarket services of electric vehicles that can be reached; The fifth is to develop the online taxi booking business and other related businesses.

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