TEMOT International has announced to have once again expanded its Chinese network: On April 1st, the company JIHE Electromechanical Technology (Shanghai) Co., LTD., a spare parts distributor for passenger cars in the Chinese province of Jiangxi, became the latest Shareholder of the trading group.
JIHE Electromechanical Technology was founded by Mr. Lu Zhiping in 2017 and is headquartered in Changzhou City in the province Jiangsu. The JIHE organisation is a group that now consists of more than 50 distributors. In parallel, Mr. Lu Zhiping is the owner of a regional WD, Changzhou ChengXin, with which TEMOT is already linked through its CAAPA engagement.
JIHE is a dynamically growing group and already a driver of the consolidation and professionalization of the highly fragmented Chinese aftermarket in terms of the sales presence achieved. Lu Zhiping and JIHE are recognized as one of the market leaders in the distribution of Passenger Car spare parts. JIHE members operate a brick-and-mortar business; pure e-commerce players are not among the members.
JIHE’s product range includes well-known international brands on the one hand and private label solutions and domestic Chinese spare parts Suppliers on the other. The group is experienced in working with global Suppliers, importing goods on demand and offers excellent distribution in China. Members are carefully selected to increase JIHE’s added value for the Chinese Aftermarket. The Managing Director, Mr. Hans Peng is in charge of expansion.
JIHE’s goal is to encourage its members to gain additional market share and provide excellent products and services to the market. To ensure that JIHE achieves its goals, Mr. Hans Peng leads a team of more than 9 employees, including for the purchasing group’s own activities.