Yoliang Launches PowerBid Dashboard to Accelerate Cross-Regional Used Vehicle Circulation Through Digital Innovation
(July 31, 2024) The Yoliang Company, one of China’s leading B2B used vehicle circulation technology companies, today announced the launch of PowerBid Dashboard, an innovative multi-vehicle auction management interface designed to improve bidding efficiency, simplify auction operations, and accelerate cross-regional used vehicle circulation across China.
As an enhancement to Yoliang Auctions, the new feature enables professional buyers to monitor and participate in multiple live auctions simultaneously from a single mobile interface, delivering a more intelligent, efficient, and transparent wholesale auction experience.
The launch reflects Yoliang’s continued investment in digital technologies that support the modernization of China’s automotive circulation industry while improving operational efficiency for professional dealers nationwide.

Responding to the Growing Demand for Smarter Vehicle Circulation
China’s used vehicle market continues to evolve rapidly as digital transformation reshapes automotive retail and wholesale operations.
Driven by favorable government policies, expanding vehicle ownership, and rising demand for vehicle trade-in programs, the efficiency of used vehicle circulation has become increasingly important for manufacturers, dealership groups, and professional dealers.
As wholesale transaction volumes continue to grow, industry participants are placing greater emphasis on technologies that improve operational efficiency, increase market transparency, and enable faster vehicle turnover across regional markets.
Against this backdrop, Yoliang developed PowerBid Dashboard to address practical operational challenges faced by professional buyers participating in high-volume digital auctions.
Industry-First Innovation Designed for Professional Vehicle Buyers
Developed specifically for China’s B2B used vehicle market, PowerBid Dashboard introduces a new approach to auction management by allowing professional buyers to manage multiple live auctions simultaneously through a single mobile interface.
Traditional wholesale auction workflows often require buyers to switch between multiple auction pages or even multiple devices when participating in concurrent auctions—particularly when vehicles are being offered from different cities or auction centers.
PowerBid Dashboard consolidates these activities into one integrated operating environment, allowing users to monitor, compare, and bid on multiple vehicles in real time without interrupting their workflow.
Whether participating in several auctions within the same city or managing simultaneous bidding activities across multiple regions throughout China, buyers can operate more efficiently while maintaining greater control over every auction opportunity.
Key capabilities include:
- Simultaneous bidding on multiple vehicles
- Centralized monitoring of concurrent live auctions
- Real-time bidding updates and notifications
- Integrated vehicle watchlists
- One-touch navigation between active auctions
- Seamless participation in nationwide online auctions from a single mobile interface
By simplifying complex auction operations, the platform significantly improves bidding efficiency while reducing the operational burden for professional wholesale buyers.
Enhancing the Digital Auction Experience
Since the launch of Yoliang Auctions, Yoliang has continuously invested in platform innovation to create a fair, transparent, and efficient marketplace for both vehicle consignors and professional buyers.
Its proprietary PowerBid Auction System provides the digital infrastructure supporting every stage of the wholesale transaction process, including:
- Vehicle listing and online preview
- Live online bidding
- Auction management
- Transaction settlement
- Vehicle delivery coordination
- Ownership transfer administration
The introduction of PowerBid Dashboard further strengthens this ecosystem by making auction participation faster, more intuitive, and better suited to professional users managing high transaction volumes.
Following its release, the feature received strong positive feedback from dealers and auction participants. Improved bidding convenience has encouraged greater buyer participation while helping consignors achieve faster vehicle disposal and higher circulation efficiency.
The result is a more responsive digital marketplace that benefits buyers, sellers, and the broader automotive circulation ecosystem alike.
Supporting Cross-Regional Vehicle Circulation Through Technology
China’s used vehicle market continues to benefit from supportive government policies aimed at stimulating automotive consumption and accelerating vehicle replacement programs.
Following the implementation of a package of national measures supporting large-scale equipment upgrades and consumer goods trade-in programs, China’s used vehicle market maintained steady growth during the first half of 2024.
According to data released by the China Automobile Dealers Association (CADA), used vehicle transactions reached 9.38 million units between January and June 2024, representing a 7.01% year-over-year increase—an additional 614,300 vehicles compared with the same period of the previous year.
Cross-regional vehicle circulation has become an increasingly important driver of market activity. During the first half of 2024, approximately 28.8% of all used vehicle transactions involved cross-regional transfers, representing a 2.6 percentage-point increase year over year.
As transaction volumes continue to expand, improving circulation efficiency has become a key priority for China’s automotive industry.
Yoliang believes digital technologies can play a critical role in addressing these operational challenges by integrating nationwide vehicle inventories, enabling remote participation in wholesale auctions, and improving transaction efficiency across regional markets.
Building a Nationwide Digital Auction Ecosystem
Since its launch, Yoliang Auctions has rapidly expanded into one of China’s growing nationwide wholesale auction networks, connecting major vehicle sourcing hubs across North China, East China, Northeast China, Central China, South China, Southwest China, and Northwest China.
The platform has established strategic partnerships with numerous leading automotive manufacturers and dealership groups, including:
- Zhongsheng Group
- Yongda Auto
- Harmony Auto
- Weijia Automobile Group
- Hengxin Automobile Group
- Jianyin Huasheng Group
- Huiheng Group
- Car makers including FAW Hongqi
These partnerships have significantly expanded the platform’s nationwide vehicle inventory while providing professional buyers with broader sourcing opportunities across China.
Supported by its growing dealer network, intelligent auction technologies, and nationwide marketplace, Yoliang Auctions continues to improve vehicle circulation efficiency, strengthen market connectivity, and enhance transaction transparency for professional used vehicle businesses.
Driving the Next Generation of Automotive Circulation
The launch of PowerBid Dashboard represents another milestone in Yoliang’s ongoing commitment to technological innovation within China’s automotive circulation industry.
Rather than simply digitizing traditional auction processes, Yoliang continues to develop intelligent tools that solve practical operational challenges faced by professional dealers and remarketing specialists.
By integrating artificial intelligence, intelligent auction management, and nationwide digital connectivity into a single platform, Yoliang is helping reshape how used vehicles are sourced, traded, and circulated across China.
Looking ahead, the company will continue investing in AI-powered technologies, digital infrastructure, and platform innovation to improve transparency, increase operational efficiency, and accelerate the digital transformation of China’s used vehicle industry.
As the market continues to evolve, Yoliang remains committed to providing trusted, technology-driven solutions that support dealers, manufacturers, financial institutions, and wholesale buyers while contributing to a more efficient, transparent, and connected automotive circulation ecosystem.
About The Yoliang Company
The Yoliang Company is one of China’s leading B2B used vehicle circulation technology companies, dedicated to accelerating used vehicle circulation through trusted, transparent, and technology-driven services.
Its flagship marketplace, Yoliang Auctions, operates across 30 provincial-level administrative regions and partners with more than 7,000 vehicle consignors, including automotive manufacturers, dealership groups, financial institutions, leasing companies, fleet operators, and professional vehicle suppliers.
Beyond wholesale auctions, the company provides an integrated suite of digital solutions covering AI-powered vehicle inspections, trade-in management, dealer operations, wholesale remarketing, and intelligent business tools.
Its proprietary technologies—including Yoliang SmartCheck, PowerBid, PowerBid Dashboard, and the YP30 Used Vehicle Wholesale Price Index—help improve vehicle transparency, pricing intelligence, transaction efficiency, and operational collaboration across China’s automotive circulation industry.
By combining nationwide operational capabilities with practical artificial intelligence applications, The Yoliang Company continues to support the digital transformation and standardization of China’s automotive circulation ecosystem.
Remarks: PowerBid Dashboard is also know as PowerBid Digital Command Center, the Chinese name is PowerBid 操盘大屏.
Translation Disclaimer
This English translation is provided solely for the convenience of international readers.
It is translated from the original Chinese-language article published by The Yoliang Company on July 31, 2024. Every effort has been made to ensure the accuracy and fidelity of the translation. However, in the event of any discrepancy, inconsistency, or ambiguity between the English translation and the original Chinese version, the original Chinese-language version shall prevail.
This translation is intended for informational purposes only and should not be regarded as an official legal or regulatory interpretation of the original publication.































