Changjiu Holdings Ltd. (6959)

Overview

Changjiu Holdings Limited operates at the forefront of China's automobile industry, focusing on providing specialized services aimed at the niche of pledged vehicle monitoring and comprehensive automobile dealership operation management. Initiating its operations in 2016, the company has since established itself as a vital player in this sector, catering primarily to financial institutions such as commercial banks and automobile finance companies, along with automobile dealerships. In September 2023, the company rebranded from Changjiu Digital Technology Limited to Changjiu Holdings Limited, marking a significant milestone in its evolutionary journey. The company's strategic positioning in Beijing, coupled with its operation as a subsidiary of Advancey Limited, underpins its pivotal role in bridging automotive dealerships and financial entities with cutting-edge technological solutions. This transformation underscores its commitment to innovation and excellence in the rapidly evolving automotive and financial services landscapes.

Products and Services

Changjiu Holdings Limited's product suite and services constitute a comprehensive ecosystem tailored to the nuanced needs of its clients, encompassing both technology-driven solutions and essential operational management tools designed for the automobile sector.

• Pledged Vehicle Monitoring System - This cornerstone offering incorporates the advanced VFS system along with a vehicle connect mobile application, enabling seamless monitoring and management of pledged vehicles. Catered predominantly towards financial institutions, this system ensures security and transparency in vehicle financing operations.
• Hardware Solutions - Complementary to the monitoring system, the company provides a robust lineup of hardware tools including radio-frequency identification (RFID) labels, personal digital assistants (PDAs), on-board diagnostic devices, and lockboxes. These tools enhance the functionality of the monitoring system, offering end-to-end solutions for vehicle security and tracking.
• Smart Star Operation Management System - Specifically designed for automobile dealerships, the Smart Star system embodies a sophisticated operation management framework. It integrates customer relationship management (CRM) software-as-a-service (SaaS) with comprehensive enterprise resource planning (ERP) systems, thereby streamlining dealership operations from sales to customer service. This suite plays a crucial role in optimizing efficiency and profitability for automobile dealerships.