Development Concept of Faxing (Shanghai) Financial Leasing Co., Ltd.

Societe Generale (Shanghai) Financial Leasing Co., Ltd. is a wholly-owned subsidiary of Societe Generale Group, which was established in Shanghai in June 2005. At present, it has a registered capital of US$ 654.38+million and is one of the most famous car rental brands in Europe. It has 3,500 employees and manages more than 680,050 cars worldwide (by the end of 2006, there were 65,450 cars). Since 1946, the company has been providing auto finance and fleet management solutions, and officially launched ALDAutomotive brand on 200 1. The business operation is managed and coordinated globally by Al International Holding Company located in Paris, France. At present, ALDInternational has set up branches and started business in 39 countries around the world.

In the next five years, the company will target foreign companies and large state-owned enterprises investing in China, and build the service network of Societe Generale International Financial Leasing Co., Ltd. in China in the Yangtze River Delta urban agglomeration with Shanghai as the center, the Bohai Rim urban agglomeration in Beijing and its surrounding areas, the Pearl River Delta urban agglomeration with Guangzhou and Shenzhen as the centers, and Chengdu and Wuhan as the two central cities, with a fleet size of 654.38+million vehicles.