Hangzhou Sagitar Automobile Export Co., Ltd. was established in November 2023 with a registered capital of 43.83 million RMB, which is a Sino-foreign joint venture, jointly invested by Mr. Fang Weiguang from China and Mr. Soula from Senegal.

Ltd. is a used car export qualification company approved by the Department of Commerce of Zhejiang Province. The company is registered in Jiande City, Hangzhou and operates in the new energy product market in the second district of Yiwu International Trade City. With 10 employees, the company has exported more than 200 cars by the end of October this year to more than 10 countries including Senegal, Nigeria, Egypt, Ethiopia, UAE, Djibouti, Ukraine and so on. The main brands exported are Wuling Bengo, BYD, Toyota, Mercedes-Benz, Volkswagen, Jetway and other models, mainly exporting new energy vehicles.

The company responds to the national Belt and Road strategy, actively layout the Belt and Road countries along the automobile export business, and focuses on Senegal, the company has put more than 100 new energy vehicles in Senegal to set up a new energy car rental company, on September 26th, Senegal's Minister of Transportation in person at the cab company's opening ceremony, causing a sensation in the local community.

Hangzhou Sagitar Automobile Export has set up a professional market research team rooted in Africa to understand the local traffic conditions, climate conditions, consumer preferences and infrastructure. Through close communication with local dealers, operators and end-users in Africa, Hangzhou Sprint was able to accurately grasp the market demand.

In the field of new energy vehicles, we have responded positively to the global environmental protection trend and customized a series of new energy cabs and passenger cars for the African market. Combined with the local development of renewable energy in Africa, some models are also equipped with solar-assisted charging devices, which further improves the energy utilization efficiency of the vehicles and reduces operating costs, providing innovative solutions for green travel in Africa.

In summary, with its professional ability and excellent performance in quality control, supply chain management, after-sales service and corporate social responsibility, the company has become a leader in the field of China-Africa automobile trade, and has made significant contributions to promoting China-Africa cooperation and Africa's economic development and changes in transportation and travel.