On December 13, China Post Group signed a strategic cooperation agreement with Hebei Baoding Great Wall Holding Group Co., Ltd. (hereinafter referred to as Great Wall Motor) to carry out all-round cooperation, achieve common development. Kang Ning, Vice President of China Post Group, and Li Fengzhen, Vice President of Great Wall Motor, attended the signing ceremony. Kang Ning and Li Fengzhen signed the agreement on behalf of both parties.

China Post Group has its unique channel advantages and advantages in the integration of business forms. In the process of enterprise reform and development, China Post Group places equal emphasis on economic, political and social responsibility, actively responds to the call of the CPC Central Committee and the State Council to support the real economy and private enterprises, fully utilizes its resource advantages, especially the network and capital advantages of the Postal Savings Bank of China, and continuously improves the ability and level of serving real economy, small and medium-sized enterprises and private enterprises.

Great Wall Motor is a world-famous SUV and pickup truck manufacturer, and a leading enterprise with Chinese independent auto brand. The sale of SUV and pickup trucks has been leading for many years in a row. With advanced corporate culture and outstanding management team, adhering to the enterprise concept of "improving little by little every day" , Great Wall Motor has created a distinctive business and management mode, being second to none in the domestic auto industry in terms of operation quality.

According to the agreement, China Post and Great Wall Motor will carry out in-depth cooperation in financial sector, express and logistics, market expansion, etc. In terms of financial services, the two parties will focus on credit financing, personal auto loans, financing services for auto dealers, insurance, securities and capital operations. In terms of express and logistics, the two parties will actively promote cooperation in inbound logistics, after-sales spare parts logistics, international services, document and goods delivery. In terms of market expansion, China Post will make use of its own resource advantages and comprehensive services, and focus on the cooperation of “micro auto shows” to boost the domestic market expansion of Great Wall Motor. At the same time, the two parties will also carry out cooperation in service system construction, brand promotion, vehicle sales, Internet car rental business, etc.