Arval Jiutong Company Limited is the joint venture between ARVAL, the European leader in full service vehicle leasing, fully owned by BNP Paribas, and Shanghai Bashi Car Rental Service, among the biggest operational vehicle leasing companies in Shanghai area, 100% owned by Shanghai Qiangshen Holding Company Limited.
Founded in October, 2015, Arval Jiutong is amongst the major full service leasing players in China, with a fleet of over 4,000 vehicles, 128 experienced talents and a strong service network covering 62 cities.
By delivering comprehensive full service vehicle leasing solutions to businesses of any size, through relevant advice and appropriate services, matching with the requirements of both customers and vehicle users, Arval Jiutong aims at being your preferred brand reference in China.
Founded in 1989 and fully owned by BNP Paribas, Arval specialises in full service vehicle leasing. Arval offers its customers – large international corporates, SMEs and professionals – tailored solutions that optimise their employees’ mobility and outsource the risks associated with fleet management. Expert advice and service quality, which are the foundations of Arval’s customer promise, are delivered in 28 countries by over 6,000 employees. Arval’s total leased fleet adds up to 1,000,000 vehicles throughout the world.
Arval is a founding member of the Element-Arval Global Alliance, the longest standing strategic alliance in the fleet management industry and the worldwide leader with 3 million vehicles in 50 countries. Within BNP Paribas, Arval belongs to the Retail Banking core activity.
For more information about Aval, please visit : www.arval.com
About BNP Paribas
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 190,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.
In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
For more information about BNP Paribas, please visit : www.bnpparibas.com/en
About Shanghai Bashi Car Rental
Shanghai Ba-shi Car Rental is 100% owned by Shanghai Qiangsheng Holding Co Ltd, of which the core business is public transport in Shanghai, with Shanghai Jiushi Corporation and ultimately the Shanghai municipality as its majority shareholder. Shanghai Ba-shi Car Rental is the biggest full service leasing company in Shanghai, and has a very good knowledge of its market, with a fleet of 6,000 vehicles leased to companies of all sizes.
About Shanghai Jiushi Group
Shanghai Jiushi (Group) Co., Ltd. is a municipal large-scale state-owned enterprise, which focuses on public service. The company’s registered capital is 60 billion yuan.
Our mission is to service the economic and social development of Shanghai, and our aim is to meet the municipal public service requirement. We adhere to social interest first and exert the role of market mechanism. We actively implement the development strategy of “four-in-one” and “supported by two wings”, which take the municipal transportation, sports industry, real estate and capital operation as the dominance, while supported by investment and financing. We continuously improve the public service capability and performance in the aim of building the company into an excellent company on public service.
By the end of 2014, the overall asset of the company was 390.3 billion yuan. The company’s credit rating remained the highest AAA. Currently, the company has 11 direct subsidiaries, 65 third-tier or above subsidiaries and around 80,000 staff.
For more information about Shanghai Jiushi Group, please visit : www.jiushi.com.cn