The introduction of China Rundong Auto Group Limited


China Rundong Auto Group Limited (Rundong Auto) is a comprehensive dealer which devotes itself to the luxury and high-end auto brand business. It was founded in 1998. After the first store was opened up in Xuzhou in September 2001, Rundong Auto has become one of the largest luxury and high-end auto dealers which locates in the eastern China with its rapid growth. Rundong Auto listed on the Main Board of the Stock Exchange of Hong Kong on August 12th 2014. (Stock name: Rundong Auto; Stock Code: 01365.HK).

 

Rundong Auto has been focusing on the luxury and ultra-luxury brand with great popularity in China, while balancing the development of mid –to high-end automobile brands. It owns 8 luxury brands which are BMW, MINI, Jaguar, Land Rover, Audi, Lexus, Cadillac and Chrysler; two ultra-luxury brands, namely Maserati and Ferrari; 15 mid and high-end brands which are Buick, Hyundai, Ford, Chevrolet, Shanghai-Volkswagen, KIA, Dongfeng Honda, Guangqi Honda, FAW Toyota, GAC Toyota, Toyota, Dongfeng Nissan, Zhengzhou Nissan, FAW-Volkswagen and BAIC New Energy. So far, Rundong has become one of the largest BMW dealers in Jiangsu, Shandong Province and Shanghai, the fifth largest BMW dealers in China, one of the largest Jaguar & Land rover dealers in Jiangsu, Shandong Province and Shanghai, also the largest Audi dealer in Shandong Province.

 

About the overall arrangement, Rundong Auto has achieved its expansion and strategic layout in the rich area east China, including Jiangsu, Shandong, Anhui, Zhejiang Province and Shanghai. Setting high-density sale network is beneficial for improving the brand popularity and customer loyalty. By the end of 2016, Rundong owned 70 stores in total, among which 46 located in Jiangsu Province, 14 located Shandong Province, 7 located in Shanghai, 2 located in Zhejiang Province and 1 located Anhui Province. 43 of them (61%) are luxury brands while 27 of them (39%) are mid-and high-end brands. Most stores serve customers from eastern coastal prosperous area like Jiangsu, Shandong, Zhejiang province and Shanghai.

 

Rundong Auto has been named as the ‘Top 10 Auto Enterprises’, ‘Top 10 Passenger Vehicles Dealers’ for 12 successive years, ‘China automotive circulation industry outstanding contribution award’ and other award for two years. The Chairman Yang Peng has been awarded ‘China automotive industry outstanding person since Reform and openness’ and ‘China auto industry leading dealer ’ and has been awarded ‘China auto circulation industry man of the hour’ for two consecutive years.

 

Rundong Auto adheres to the valuable vision ‘Influencing others by self-improvement; creating a reciprocal environment for our partners’, devotes itself to meet various demands from different customers, purses the improvement of customer value and perfect consuming experiences. Rundong Auto hopes to become a world-leading, comprehensive luxury auto service provider with the scale of hundred billion in the future. 

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