On August 5, 2015, Yongda Auto and Ali Auto jointly announced that the two parties formally signed a strategic cooperation agreement. In this cooperation, Yongda Automobile will jointly build the first Internet Car Festival with Ali Automobile, and through the integration of resources of both parties, will be specialized in custom car sales, parallel import car sales, time-sharing reservation service, national delivery service, second-hand The car business and the auto finance business carry out all-round strategic cooperation to provide a full range of three-dimensional and convenient car-related services for Alibaba's 80 million car owners, which means that in the near future, Yongda Auto and Ali Auto users will Will experience the new car life O2O mode, the future "Yongda Auto Life No. 1 Pavilion" will be part of the Yongda Auto "Car Life" ecosystem, becoming a one-stop experience for car users. Mr. Xu Yue, General Manager of Yongda Automobile, and Mr. Wang Licheng, General Manager of Ali Automobile, signed the contract at the signing ceremony.
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