Established in Beijing in 2016, Changjiu Holdings Limited, a subsidiary of Advancey Limited, offers specialized technology services within China. The company's primary focus lies in two key areas: the monitoring of vehicles used as collateral and the management of operations for automobile dealerships. For collateralized vehicle tracking, their comprehensive solution integrates the VFS system, a dedicated mobile application, and a suite of hardware including radio-frequency identification labels, personal digital assistants, on-board diagnostic devices, and lockboxes. Additionally, Changjiu provides "Smart Star," an operational management system crafted to optimize daily dealership functions, incorporating both customer relationship management software-as-a-service and enterprise resource planning capabilities. Their main clients include financial institutions, such as commercial banks and auto finance providers, as well as a diverse range of automobile dealerships. The company transitioned its name from Changjiu Digital Technology Limited to Changjiu Holdings Limited in September 2023.