Qingmin provides outsourced aftermarket services to the auto insurance industry in China. The company serves enterprise clients, including insurance companies and intermediaries, rather than individual consumers. Qingmin's business consists of two primary service lines. In its risk assessment business, Qingmin uses a proprietary algorithmic model to analyze driver data and generate risk reports that insurers use to price premiums. In its value-added services business, Qingmin manages policyholder benefits like roadside assistance, safety inspections, and oil changes. Qingmin operates an asset-light model by outsourcing service delivery to a network of 13,779 locations, including repair shops and dealerships, across 30 Chinese provinces. The company charges customers a per-unit fee for each report or service call. While aftermarket services drive most revenue, the company also provides customized IT and software development services for enterprise clients. The QMSP platform is the central hub for operations, allowing customers to place orders and track service delivery in real time. Qingmin generates all revenue in China and typically prepays its service vendors while offering credit terms to its insurance customers.