Relationship between Qingdao Juhuixin Asset Management Co., Ltd. and BMW Pioneer Leasing

Pioneer leasing belongs to BMW's finance and leasing business department. The relationship between Qingdao Juhuixin Asset Management Co., Ltd. and BMW Pioneer Leasing is that Pioneer Leasing belongs to BMW finance and leasing business. Pioneer International Financial Leasing Co., Ltd. was established in 2009, which is a company specializing in automobile financial leasing and leasing business.