Chengniu

About Chengniu

Chengniu, operating under its parent company Hangzhou Daze Technology Co., Ltd., was established in 2014 and functions as a comprehensive car owner service platform. The company's legal representative is Gao Liangxin. Initially conceived as a tool for handling traffic violation inquiries, the platform has since expanded its offerings to provide a wide array of automotive services.

The company's business model revolves around a mobile application that serves as a one-stop-shop for car owners across China. Its services are extensive, covering car washing and detailing, discounted fuel card top-ups, processing of traffic and parking violations, vehicle maintenance, waxing, scratch repair, annual inspection assistance, roadside assistance, and airport parking services. The platform boasts a significant user base, with over 10 million registered users, and a wide network of over 30,000 service points across more than 1,900 counties and cities.

Revenue is generated through the various services offered on the platform. This includes fees for processing violation payments and commissions or service charges from their network of partners for services like maintenance and car washes. The company has successfully secured multiple rounds of funding to support its growth, including an angel round in March 2014, a Series A of 30 million RMB in March 2015, and a Series A+ in December 2015. The CEO, Wang Jianshi, is also noted as the founder of Zhejiang Baoniu Information Technology Co., Ltd. and co-founder and CEO of Hangzhou Kata Technology.