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On July 8, the first order for the export of used cars across the country has been signed and paid for. Youxin second-hand car announced that it has completed the signing and payment of the contract a few days ago, and is preparing the final export related formalities in Xi'an International Port District, which will then be sent to Warsaw, Poland.

This is the first second-hand car export business in the country after the Ministry of Commerce, the Ministry of Public Security and the General Administration of Customs jointly issued the Circular on supporting the Export of used cars in areas with mature conditions in April 2019, clarifying the relevant requirements and tasks for the export of used cars.

Youxin said that after confirming the purchase intention with overseas buyers, a series of work such as buyer docking, vehicle procurement, ownership transfer, transportation and formalities were successfully completed at the first time. All the vehicles will be exported from Xi'an customs declaration to Poland and transported by the Central European train "Chang'an" which radiates "Belt and Road Initiative" 44 co-built countries and regions.

As the first batch of second-hand car export enterprises in the country, Youxin has successfully completed a series of work such as buyer docking, vehicle procurement, testing, preparation, transfer of ownership, transportation and so on.

As a leader in used cars, Youxin has accumulated international influence, trading service ability and brand value of used cars for a long time. In June 2018, Youxin successfully listed on the NASDAQ Stock Exchange in the United States and became the first stock of used car e-commerce in China. In October 2018, Youxin launched a new car purchase service of "national purchase", which really broke the regional restrictions of traditional used car trading and reshaped the supply chain of used cars in China. In May 2019, with the creation of a high-quality and standardized used car trading platform, Youxin Group was successfully selected into the 2019BrandZ Top 100 Chinese brands list, becoming the first and only used car e-commerce brand to enter the list.

According to the statistics of the China Automobile Circulation Association, the trading volume of used cars in China reached 13.82 million in 2018, while the trading volume of new cars was 28.08 million, and the trading volume of used cars was less than half of that of new cars. According to the experience of mature markets in developed countries, the trading volume of used cars can reach twice the sales volume of new cars, of which exports account for 10% of the total trading volume of used cars.

Youxin said that the export of used cars is a milestone in the used car industry and represents the maturity of China's used car industry as a whole.

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