# Jiangsu Guachebang Leasing Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jiangsu-guachebang-leasing-co

- Industry: Transportation Services
- Headquarters: Zhenjiang, China
- Total disclosed funding: $16M
- Latest round: Series A (Apr 18, 2022)
- Investors on record: 3

## About

Established in 2017 and based in Zhenjiang, China, Jiangsu Guachebang Leasing Co., Ltd. is a subsidiary of CIMC Vehicles (Group) Co., Ltd. and focus on semi-trailer sharing business. The company's shared semi-trailer model can effectively improve logistics efficiency, address the supply of agricultural products and improve the efficiency of cold chain transportation. In 2021, the revenue of the company increased by 66.6% year-on-year, and reached cooperation with well-known enterprises such as SF Express and China Express.

The core products of the company are the whole life cycle management service platform of semi-trailer products, including the shared trailer pool of cross-industry interoperable dumping transport logistics equipment, and the business scope covers trailer leasing, tire leasing, asset management, intelligent equipment, etc.

The company raised a series A funding in April 2022, this round of funding will be used to support the development of the existing business, supplement the working capital and accelerate the promotion of the business model.

## Funding rounds

- Series A, Apr 18, 2022, $16M — Toposcend Capital, Dowell Capital, SDIC Chuangyi

## Investors

- Toposcend Capital (https://capitalatlas.ai/funds/toposcend-capital) — Series A
- Dowell Capital (https://capitalatlas.ai/funds/dowell-capital) — Series A
- SDIC Chuangyi (https://capitalatlas.ai/funds/sdic-chuangyi) — Series A