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Stock impact report

China Bat Group, Inc. Breaks into Shanghai Market

TD Holdings, Inc. (GLG) 
Company Research Source: GlobeNewswire
BEIJING, March 27, 2019 (GLOBE NEWSWIRE) -- China Bat Group, Inc. (Nasdaq: GLG) (the "Company"), an emerging used luxurious car rental service provider headquartered in Beijing, China, today announced that the Company has entered the Shanghai market. The Company’s business operations can be divided into 7 parts including pre-lease preparation, car rental preparation, paperwork preparation, signing the contract, rent prepayment and deposit, delivery inspection as well as the guidance regarding driving the high-performance rental vehicles. This model of business operation will also be applicable in the Shanghai market, where the Company has officially begun its operations by leasing luxury vehicles to its peer companies. Through the implementation of strict work norms and a rigorous risk management system, the Company has achieved effective control of its luxury car assets in Beijing and plans to become a benchmark of the industry in Shanghai. Mr. Jiaxi Gao, CEO and President of Ch Show less Read more
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