Carmaker BAIC Group reports robust growth

Strategy transformation to stimulate new point

The strategic emerging business of BAIC Group has maintained a good development momentum.

BAIC Mobility, a travel service provider of BAIC Group, positively builds a full chain ecosystem through making full use of Internet Plus and big data.

The economy scale in BAIC Mobility's MOREFUN (a car sharing platform) saw steady growth, and in the first half of 2017, it was launched in many cities in China, with 5,500 operating vehicles, a 72% online rate, 1,200 operating network, 360,000 registered numbers (about 155,000 of them are active numbers) and 490,000 total orders.

And Beijing Travel (travel service) now has 7,072 vehicles, 443 operational branches, 50,000 members and 10.43 million kilometers of driving distance.

Many other projects, such as the "intellectual property investment and operation center of China automobile industry", undertaken by BAIC were all approved or launched successfully.