Please advise: How about opening a car rental company, what are the prospects?

Major listed companies in the industry: Shenzhou Rent-A-Car (00699.HK), Johnson Holdings (600662), Mass Transit (600611), Shenhua Holdings (600653), Xinning Logistics (300013), Tieling New City (000809), Jinjiang Online (600650), Beiba Media ( 600386), Hengtong shares (603223), Jiangxi Changyun (600561) and so on.

The core data of this article: The development of Internet technology boosts the further development of the traditional auto leasing industry

Internet + auto leasing development overview

-... -Internet + car rental development ecology and development thinking

With the emergence of online car rental, our travel has become more convenient and free, and we can go wherever we want at any time. Renting a car for self-driving tours is also becoming more and more popular among the public. Although China's car rental industry started late, it is developing rapidly, with distribution in large, medium and small cities. However, the traditional car rental industry has long been criticized by the public due to cumbersome procedures, non-transparent information, unreasonable charges, etc. The emergence of the Internet car rental makes the development of the industry on the track of standardization, intelligence and specialization.

--Internet + car rental development mode

Currently, China's Internet + car rental **** is divided into the traditional leasing enterprises of the Internet model, the P2P model and the innovative P2P model of the three development modes.

Influence of Internet technology on car leasing

-Internet has an impact on car leasing enterprises: it helps to expand the coverage of traditional enterprises

Car leasing is a traditional and modern mutual integration of the industry, as China's emerging transportation services industry, it is a way to meet the needs of the public personalized travel, business activities, official activities and tourism and leisure transportation services. The rapid development of the Internet has led to the gradual emergence of online leasing modes, especially in the short-term self-driving and time-share leasing market, where the trend of mobility and self-service is becoming more and more prominent, and the industry as a whole is characterized by diversified development. With the increasing number of manufacturers in the industry and the intensifying competition in the market, Internet technology has helped to expand the coverage of car rental manufacturers.

--Internet on the traditional car rental pain points to solve: from three levels to solve the pain points

Currently China's auto leasing industry has not yet formed a scale effect, the regulatory system is not yet perfect and time-share leasing experience is not good for the industry's development of the pain points, for the The application of Internet technology provides the corresponding solutions to the industry's development pain points.

Internet leaders invested in the auto leasing industry

BATJ, as the four giants in China's Internet sector, has a wind vane role in its investment direction.BATJ has been carrying out its own auto finance layout in recent years, and in the auto finance layout of Internet giants, auto finance leasing, as a "blue ocean" in auto finance, has become the most popular auto finance industry in China. In the layout of automobile finance of the Internet giants, automobile financial leasing has been widely noticed as the "blue ocean" in the field of automobile finance. ECL has received multiple rounds of financing from Baidu, Tencent and Jingdong and other capital, totaling $1.5 billion, and was listed in Hong Kong in 2017; Bouncing car was led by Ali in two rounds of investment, amounting to $910 million; Youxin has received an investment of about $200 million from Baidu and Tencent; peanut good car and Merry Car Finance have received capital injections of $270 million and $100 million from Jingdong, respectively; Lionbridge Leasing, which focuses on the financing and leasing of commercial vehicles Baidu 1 billion yuan investment.

The above data refers to the In-depth Research Report on Business Model Innovation and Investment Opportunities in China's Internet+Auto Leasing Industry by Prospect Industry Research Institute.