Chexingyi

About Chexingyi

Guangzhou Chexingyi Technology Co., Ltd., operating as Chexingyi (cx580.com), is a technology company based in Guangzhou, China that specializes in automotive data services. Founded in 2011 by Yin Jian, the company provides a platform for car owners and dealers to look up and process vehicle-related information, primarily focusing on traffic violation data across numerous cities in China. The platform enables users to check for traffic infractions and handles related administrative tasks by entering details like chassis and engine numbers.

The company's business model centers on providing these data query and processing services, which form its core offering. Over time, Chexingyi has expanded its scope to include services such as annual vehicle inspections, license renewals, insurance services, and other offline consumer services, aiming to become a comprehensive post-purchase automotive service provider. A key part of its strategy involves the 'Tianluo Car Butler' intelligent vehicle service system, designed for collaboration with small and medium-sized auto service businesses to enhance their operational efficiency and service range.

Chexingyi has completed multiple funding rounds to support its growth. After a seed round in October 2015 from investors including Fude Investment Group and Cowin Capital, the company secured a Series A round for tens of millions of RMB. In May 2018, it raised over $10 million in a Series B round led by UCAR. These investments have facilitated its expansion in the competitive automotive aftermarket sector, where its main competitors include companies like Che300 and Cheegu.