Cehome

About Cehome

Tiejia Information Technology (Beijing) Co., Ltd., operating through Cehome.com and Tiejia.com, is an integrated internet service platform for the construction machinery industry. The company was founded in 2009 by Fan Jiansheng, who serves as the CEO. It originated with the creation of the Tiejia Network and Tiejia Forum, an online portal for industry information and user communication.

The firm's primary business revolves around facilitating the circulation and management of construction machinery. It operates a comprehensive digital platform that connects various stakeholders in the industry, including buyers, sellers, and service providers. One of its core components is an online marketplace for second-hand construction equipment, which uses a model of online consignment coupled with offline inspections. This platform aims to address the inefficiencies and lack of transparency in the traditionally fragmented used equipment market.

The company generates revenue through its transaction platform and by offering a suite of related services. These include financial services like equipment financing and installment loans ("Goujida"), as well as value-added services such as equipment guarantees. Tiejia serves a wide range of clients within the construction machinery sector, from individual owner-operators to large construction enterprises. The platform has accumulated over 1.5 million registered users and maintains a vast database of equipment and user activity.

Significant milestones include the launch of its used machinery information platform in 2012. Tiejia has successfully raised multiple rounds of funding, securing a Series A from Qiming Venture Partners, a $100 million RMB Series B led by DCM in 2015, a $200 million RMB Series C led by Yuan生 Capital in 2016, and a significant C+ round of over $50 million in December 2017. This later round brought in strategic investors such as Far Wing Investment and Far East Horizon Construction Group, signaling a deeper integration into the industry's ecosystem. By March 2018, the platform's single-month transaction volume for used equipment surpassed 800 million RMB.