Beijing Yuechang Technology Co., Ltd., operating under the slogan "Leading the Future of Smart Parking Globally," has positioned itself as the premier brand in the global intelligent parking industry. Established in 2012 in Beijing, the company has received support from various state ministries and commissions, aligning with the Chinese Government’s smart city development initiative. With its headquarters located in Beijing's CBD Business District, the company has a strong presence across second-tier cities in China, the United States, and Hong Kong. It encompasses nearly 20 core subsidiaries, holds stakes in over 10 related enterprises, and has a workforce consisting of thousands of individuals, boasting a market value exceeding 4 billion yuan.
In November 2018, the company secured a Series D investment, marking a significant milestone in its funding journey. The investment details, including the participating investors, have not been disclosed. Beijing Yuechang Technology Co., Ltd. operates in the transportation sector and continues to lead innovation in the smart parking industry, positioning itself as a notable player in the global market.