Jingbo provides technology-driven parking management solutions in China through its Intellegence Parking and Xinghe subsidiaries. The company’s core offering is Any-e Life, a cloud-based platform that uses IoT sensors and big data to automate parking operations. For car owners, the platform enables real-time space lookup, advance reservations, and license plate recognition for frictionless entry and exit. For operators, Jingbo replaces manual management with unattended systems at facilities including hospitals, universities, and commercial venues. The company also sells the associated hardware, such as license plate recognition cameras, road gates, and geomagnetic sensors. Jingbo’s business model includes operating parking facilities to share fee revenue with owners, selling smart equipment, and charging SaaS-style platform fees. The company’s strategy centers on a cloud architecture that eliminates the need for on-site databases and maintains compatibility with various hardware manufacturers. Additionally, Jingbo aims to monetize its platform through an ecosystem of ancillary services, including an e-commerce marketplace and automotive aftermarket services like car washes and repairs. The company operates via a VIE structure, with its primary operations located in Hangzhou and Zhejiang.