# Shanghai Zhaoyang Automotive Service Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-zhaoyang-automotive-service-co

- Industry: Financial Services
- Headquarters: Shanghai, China
- Website: www.lianzhongyouche.com
- Latest round: Series B (Mar 12, 2019)
- Investors on record: 2

## About

Based in Shanghai, China and established in 2017, Shanghai Zhaoyang Automotive Service Co., Ltd. is a is a used car financial service provider. It cooperates with Huaxia Bank, Hebei Bank and Shengjing Bank. In March 2019, Shanghai Zhaoyang Automotive Service Co., Ltd. closed an undisclosed amount of series B funding from new investor Shanghai Shagnqi Investment Management Partnership.

The company mainly provides second-hand car chain franchise, second-hand car trading platform, car services and insurance services.

The company generates revenue by provides loaning, trading and leasing services for users, and also sells car spare parts via moile application.

## Funding rounds

- Series B, Mar 12, 2019 — SAIC Capital
- Series A, Dec 1, 2017 — Meridian Capital

## Investors

- Meridian Capital — Series A
- SAIC Capital (https://capitalatlas.ai/funds/saic-capital) — Series B