The once-mighty auto dealer, Guanghui Automobile, has undergone a complete metamorphosis into a property rental management firm. Presently, it boasts a portfolio of over 500 stores, all of which are situated on self-owned land and properties. However, only a little over 30 of these stores are currently operational, with their primary focus being on delivering after-sales maintenance services. The company has significantly withdrawn from the new car sales arena. At its zenith, Guanghui Automobile boasted a sprawling network of over 700 outlets across the nation, representing a diverse array of 57 automotive brands, including prestigious names such as BMW, Mercedes-Benz, Audi, and Buick.
