Dachuizichan

About Dachuizichan

Dachuizichan is an intelligent asset disposal and transaction facilitation platform based on big data applications. It is operated by Lianyungang Dachui Network Technology Co., Ltd., and was previously associated with Beijing Shuzhi Fangyuan Information Technology Co., Ltd., which was founded in 2014. The company's CEO is listed as Jiang Wei.

The platform integrates credit enterprises and non-performing asset (NPA) disposal institutions across China, providing them with efficient, full-chain services. It utilizes a customer management system to monitor and collect data throughout the entire disposal process, aiming to standardize, intelligently manage, and systematize non-performing asset handling. The service creates a formal, legal, and transparent information loop for the entire asset facilitation process. Dachuizichan serves as a one-stop service platform for both parties who publish information about non-performing assets and the disposal firms that provide services. The platform's business model allows users to publish debt information for free, with Dachuizichan charging no fees until the funds are recovered. The platform handles various types of assets, including management and transfer services for bank non-performing asset packages, services for individual debt, and management systems for court-adjudicated cases.

The company has secured significant funding to support its growth. It completed two financing rounds for over 20 million RMB by April 2017, an A+ round in the tens of millions from Bairong Financial Services in August 2017, and a 50 million RMB Series B round in March 2018.