Yongshenghe Completed Customs Declaration Process for the First Used Car Export Business in Sanya

In August 2023, four enterprises recommended and declared by Sanya Municipal Bureau of Commerce successfully completed the filing and became the first batch of used car export record-breaking enterprises in the city. Hainan Yongshenghe Supply Chain Management Co., Ltd.(“Yongshenghe”) is one of them.

In September 2023, Yongshenghe has demonstrated strong business capabilities and market development potential. The company completed the customs declaration process for the export of used Geely brand passenger cars through Sanya Customs, firing the "first shot" for Sanya's used car export business.

Since then, Yongshenghe's auto export business has been continuously expanding. In July 2024, it exported a batch of used cars to Cambodia, with a value of 34,000 US dollars. Moreover, it also plans to explore huge potential markets such as the Middle East, Central Asia, and Southeast Asia. These regions are experiencing rapid economic development, with a strong demand for automobiles and a high acceptance of second-hand cars.