State-Owned Capital Empowers China-Nigeria Economic Cooperation, Setting a Benchmark for Automotive Industry Globalization

Building a “Golden Bridge” for China-Africa Trade with State-Owned Enterprise Commitment

In May 2025, the General Manager of Foshan Shengxin Trading, accompanied by a team, visited the Consulate General of the Federal Republic of Nigeria in Guangzhou. The discussions focused on strategic cooperation in automobile exports, new energy infrastructure, and overseas warehouse deployment. This meeting marks the official launch of Shengxin Trading’s West Africa market expansion plan, positioning Nigeria as a hub to serve the entire African continent.

Shengxin Trading’s Strategic Advantages in Africa

Dual State-Owned Enterprise Support: Backed by Foshan Municipal SOEs and CGET, ensuring both financial and technological strength.

Comprehensive Industry Chain Services: Providing one-stop solutions from complete vehicle exports (Zeekr, BYD, GAC) and bonded warehousing to after-sales network construction.

Proven Market Experience: Successfully operating overseas centers in Azerbaijan, Dubai, and more.

As Africa’s largest economy, Nigeria’s booming automotive market aligns perfectly with Shengxin Trading’s state-owned cross-border supply chain capabilities. We look forward to bringing China’s intelligent new energy vehicles and smart mobility solutions to Nigerian consumers with the support of the Consulate General.

Shengxin Trading remains committed to following the Party’s leadership, leveraging our strengths to realize the national development strategy of the “Belt and Road” initiative, and promoting China-Africa cooperation and exchange.