Youxin Technology (NASDAQ:YAAS) is a Beijing-based fintech company specializing in supporting China’s used-car market through integrated financial services and digital platforms. Since its founding in 2015, the company has developed an end-to-end solution for consumers and dealers, leveraging proprietary risk-management systems to facilitate vehicle purchases and sales nationwide. Youxin Technology’s mission is to streamline the traditionally fragmented automotive value chain by combining online and offline channels into a seamless user experience.
At the core of Youxin Technology’s offering is its auto financing business, which provides lease financing and installment loan products to qualified purchasers of pre-owned vehicles. The company partners with licensed dealerships across more than 200 cities in China, underwriting credit applications, disbursing funds, and servicing loans through its automated platform. By harnessing big-data analytics and machine learning, Youxin Technology aims to offer competitive rates and fast approval processes while maintaining rigorous credit controls.
Beyond financing, Youxin Technology delivers a suite of value-added automotive services that include vehicle inspection, insurance brokering, logistics coordination, and post-sale maintenance assistance. Its online marketplace connects individual sellers, trade-in dealers, and retail buyers, complemented by physical inspection centers that verify vehicle condition and mileage. This hybrid model enhances transparency and trust in used-car transactions and generates additional revenue streams through membership fees and service commissions.
Led by Chairman and CEO Mr. Jianhua Li, Youxin Technology draws on the leadership team’s extensive experience in auto finance, fintech, and consumer lending. Since completing its U.S. initial public offering in 2021, the company has focused on geographic expansion into second- and third-tier cities while refining its credit scoring algorithms. Looking ahead, Youxin Technology seeks to deepen its product suite and leverage strategic partnerships to capture a growing share of China’s used-vehicle financing market.
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