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(Incorporated in the Cayman Islands)
Our mission is to transform used car commerce through digitalization, AI applications and integrated transaction services. We are dedicated to advancing used car dealers’ workflows from offline to online, from isolated to coordinated, and from manual to AI-empowered, thereby optimizing resource allocation across the industry.
Who We Are
We are the AI application infrastructure for China’s used car industry, holding over 90% market share in operating systems for China’s used car dealers since at least 2021, according to CIC. Building on this digital foundation, we further support used car dealers with essential transaction services across their workflows.
Beyond used car dealers, we also work with other auto merchants, including OEMs, authorized dealers and new car brokers. Our services further engage and benefit thousands of dealers’ collaborators, such as inspectors, transporters and other internet platforms, creating an ecosystem with used car dealers at the center.
Our unwavering focus on used car dealers’ success underpins everything we do and has made us mission critical to their business.
We are led by our founder and chief executive officer, Mr. Junhong Yao, a pioneer in China’s auto industry with over 20 years of experience, who co-founded CAR Inc., one of China’s largest car rental companies.
Driven by a conviction in the power of digital transformation, Mr. Yao set out to solve the structural challenges of China’s auto commerce and has led the building of our business from the ground up. We believe his vision, industry insight and operating instinct have been indispensable to our success, and that the depth of our management team’s industry expertise positions us to navigate a fast-changing market.
Note: Net loss and revenues are in U.S. dollars (converted from China’s currency) for the 12 months that ended Dec. 31, 2025.
(Note: DSC Holdings Ltd. priced its small IPO in sync with the terms in the prospectus – 3 million American Depositary Shares (ADS) at $17.00 – the mid-point of its range – to raise $51 million, on Wednesday night, June 24, 2026. Background: DSC Holdings Ltd. disclosed the terms for its IPO – 3 million American Depositary Shares (ADS) at a price range of $16.00 to $18.00 – to raise $51 million, according to its F-1/A filing dated June 17, 2026. Each ADS represents 20 ordinary shares. Initial Filing: DSC Holdings Ltd. filed its F-1 on May 26, 2026, for its IPO without disclosing the terms. This is an offering of American Depositary Shares (ADS). Estimated proceeds were about $50 million.)
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