Würth China and Shanghai Jianxin Sign Exclusive Strategic Partnership Agreement

On the morning of September 9, 2020, Würth (China) Co., Ltd. (hereinafter referred to as " Würth China") and Shanghai Jianxin Enterprise Management Co., Ltd. (hereinafter referred to as "Shanghai Jianxin") held a signing ceremony for exclusive strategic partners in Würth Kangqiao Office. The two sides will leverage their edges in the auto aftermarket, establish a long-term strategic cooperation relationship, jointly expand brand awareness and terminal customer base, and realize resource sharing, mutual benefit and win-win outcome.

Mr. Cliff Wang, Vice President of Würth China-Sales, Mr. Patrick Schaude, Director of Channel and Strategy, Würth China, Li Li, Managing Director of Shanghai Jianxin and Huang Leqiang, Sales Director of Shanghai Jianxin, jointly signed the exclusive strategic partnership agreement. The two sides will open their exclusive resources to each other, with Würth providing its full product lines and German car-care service and concept while Shanghai Jianxin sharing its 25-year channel experience in auto aftermarket. By empowering each other, the two sides are to realize win-win outcome and accelerate mutual development.

Based on the strategic agreement, from September 2020, Shanghai Jianxin will be Würth China's exclusive auto repair dealer partner in Shanghai, Suzhou and Ningbo. Shanghai Jianxin will set up an SME group of 60 people to provide high-quality products, customized services and innovative solutions for independent auto repair stores and owners of medium and high-end vehicles.

In the days to come, Würth China is committed to building a solid alliance in the auto aftermarket, unite with dealers from all over the country for cooperation and development, channel construction and share achievement.