Maodou New Car was founded in September 2017 , is a one-stop automotive new retail service platform driven by online data, technology, and integrating the depth of service of the offline Maodou New Car store.

Maodou New Car has established close cooperation with dozens of automobile brand owners, covering hundreds of mainstream models; and has set up offline center warehouses in Changchun, Shijiazhuang, Chengdu, Dongguan, Nanjing and other cities.

Bankruptcy, refers to the debtor because of the inability to pay debts or insolvency, by the creditors or debtors to petition the court to declare bankruptcy and according to the bankruptcy program to repay debts of a legal system. The narrow definition of the bankruptcy system only refers to the bankruptcy liquidation system, the broad definition of the bankruptcy system also includes reorganization and settlement system. In most cases, bankruptcy refers to a corporate and economic behavior. And people are sometimes accustomed to the individual or company to stop business is also called bankruptcy.