Yiwu Second-hand Car Market is a professional market founded under the approval from Yiwu People’s Government and relevant functional departments and co-invested by Zhejiang Hengfeng Group and Baofeng Company. The market is located at No. 799, West Chengzhong Road of Yiwu, taking up a floor area of 24000 square meters and the comprehensive office building covers an area of 6000 square meters. There are 60 zones in the a area of the market, each zone covering an area of 26 square meters, 6 parking lots and complete facilities of water, electricity, telephone and internet lines. The soft and hard facilities include trading hall, vehicle exhibition and auction hall, repair plant, meal place, accommodation, information platform and monitor facilities. Besides, the market also provides such services as information consulting, test, invoicing, ownership transfer evaluation, vehicle exhibition and auction, decoration, repair, insurance and yearly audit.