Description

China Automobile New Retail (Holdings) Limited, an investment holding entity, was founded in 1995 and maintains its principal office in Tsuen Wan, Hong Kong. The company, which adopted its current name in July 2019 after previously operating as Lisi Group (Holdings) Limited, conducts a diverse range of business activities spanning six distinct segments: Car Trading Platform, Car-Sale, Manufacturing and Trading, Retail, Wholesale, and Investments Holding. Under its automotive operations, the company runs an imported car platform, offers associated support services, and provides agency services for vehicle transactions, alongside the direct sale of imported automobiles and related provisions. In the manufacturing and trading segment, it produces and distributes plastic and metallic household products. Its retail division encompasses the management of department stores and supermarkets. The wholesale segment deals with the distribution of wine, electrical appliances, and HVAC equipment, including installation. Furthermore, the company offers property rental services and strategically invests in both debt and equity securities. These varied operations extend across Mainland China, Hong Kong, the United States, Europe, and other international markets.