Laos

On November 21, relying on the “Belt and Road” initiative, another overseas 4S store of SAIC Hongyan held a grand opening ceremony in Vientiane, the capital of Laos. SAIC Hongyan General Manager Lou Jianping, SAIC Hongyan Laos 4S Store Chairman Xu Heping, SAIC Hongyan Laos 4S store shareholder Zhao Yinzhou, Lao Ministry of Industry and Trade, Lao Ministry of Public Works and Transportation leaders attended the ceremony.

    Lou Jianping, general manager of SAIC Hongyan, said that SAIC Hongyan actively responded to the call for going global and took a solid step by relying on the “One Belt, One Road” national strategy. As a close neighbor of China, Laos is the focus of strategic investment in the “Belt and Road” initiative. SAIC Hongyan attaches great importance to the 4S store of SAIC Hongyan Laos and will fully assist its development in Laos. At the same time, Lou Jianping announced on the spot that the vehicles sold on the day would be extended for another 6 months free of charge on the original warranty period, using practical actions to fulfill the promise of helping the development of SAIC Hongyan's 4S store in Laos.

    Since 2013, General Secretary Xi Jinping put forward the major initiatives of jointly building the "New Silk Road Economic Belt" and the "21st Century Maritime Silk Road", the "One Belt One Road" has become a regional cooperation platform for China and countries along the route to establish economic partnerships. It gave SAIC Hongyan a huge development opportunity to "integrate global resources and win in rapid iteration", and also gave SAIC Hongyan the opportunity to show China's power to the world.

    "The opening of SAIC Hongyan's Laos 4S store signifies that SAIC Hongyan has sounded the clarion call to enter the ASEAN market!" Xu Heping was particularly excited at the opening ceremony. He said: "In recent years, China's heavy truck industry products have gradually entered the Laos market and fully participated in the infrastructure construction of Laos. Based on this, another overseas 4S store of SAIC Hongyan has been born in Laos. In the future, we will Accelerate the construction of the CKD factory, so that Hongyan Automobile can better serve the construction of Laos, help the Laos economy take off, and better benefit the people of Laos and China."

    According to Zhao Yinzhou, the shareholder of SAIC Hongyan’s 4S store in Laos, the Laos 4S store has been under construction since February 2018. In the future, it will provide high-quality products and services for the construction of Trans-Asian Railway, Kunming-Bangkok Highway, Mekong Hydropower and other projects, and will also combine Laos is located in the hinterland of ASEAN and radiates the geographical advantages of Cambodia, Vietnam, Thailand, Myanmar and other countries. It actively responds to SAIC Hongyan's overseas strategic deployment and develops the Lao automobile industry.

    As China's first heavy truck joint venture, SAIC Hongyan has expanded its export trade to Southeast Asia, Central Asia, South Asia, the Middle East, South America and other regions by virtue of the advanced manufacturing technology in sync with Europe. SAIC Hongyan heavy trucks are widely used in various fields such as transportation, infrastructure construction, environmental protection and cleaning, and municipal engineering in various countries. While contributing to the country’s “One Belt One Road” construction, its strength reflects the strong heritage of manufacturing in China and SAIC Hongyan. The determination to actively deploy overseas strategies.

    SAIC Hongyan will always adhere to user-oriented, use world-class leading technology to manufacture products that are more in line with regulations and markets, open up more space with world-class quality and global services, and actively contribute to the smooth progress of the country’s “Belt and Road” construction !