As the official core partner of Didi Chuxing Technology Co., Ltd. (“Didi Chuxing”), a major transportation network company in China, Our official cooperative relationship with Didi Chuxing Technology Co., Ltd. (“Didi Chuxing”), a major transportation network company in China, is crucial to our business as it enables us to attract more automobile purchasers who are interested in working as Didi Chuxing drivers and becoming affiliated with us. As a consequence, we have further expanded our business to provide professional services of automobile sales, financial lease and operating lease for our customers through our subsidiaries Hunan Ruixi and Sichuan Jinkailong Automobile Leasing Co., Ltd.,.
In the field of new purchased cars, we serve many 4S stores, dealers, leasing companies, customers, etc., and provides customers with the services of financial and operating lease and purchasing by installment. We have set up branches in all counties and cities in Sichuan, and has set up 12 provincial branches in Guizhou, Yunnan, Jiangsu, Guangdong, etc., with more than 1,000 vehicles served by us.
Hunan Ruixi has been granted a credit facility of RMB 400 million by Bank of Changsha. Hunan plans to draw on the credit facility to fund vehicle purchases catering the rapidly expanding fleet of Didi drivers in the Chengdu and Changsha markets. For 2019, Ruixi now expects to sell up to 1,000 vehicles in Hunan's ride-hailing market. We also provide customers flexible short-term automobile rental services with simple procedures and quick response.