有辆科技

Yoliang 3rd Anniversary: Three Years of Technology-Driven Innovation in Used Vehicle Circulation

Recently, digital used vehicle circulation services platform The Yoliang Company marked its third anniversary since the launch of its auction business. Over the past three years, Yoliang has built on its proprietary digital and intelligent technology infrastructure to address key challenges across the used vehicle circulation process. Through continuous product iteration, technological innovation and service development, the company has expanded from auction services into a full-chain digital circulation service provider integrating intelligent vehicle inspection, data analytics, efficient transactions and global distribution. Its continued innovation is supporting the used vehicle industry’s transition toward greater standardization, efficiency and international connectivity.

Since its launch, Yoliang has remained focused on its mission to accelerate the circulation of used vehicles through technology-driven innovation. The company has concentrated on key links across the used vehicle value chain, addressing long-standing challenges involving vehicle-condition transparency, transaction efficiency, operating costs and market analysis. Over the past three years, Yoliang has completed multiple major technology and product iterations, gradually establishing differentiated capabilities and a digital transaction model designed to provide vehicle dealers and automotive industry partners with more efficient, transparent and secure ways to trade used vehicles.

Building a Digital Foundation for Used Vehicle Transactions

In October 2023, Yoliang’s core platform officially went live and hosted its first auction. By applying a data- and process-driven approach to used vehicle circulation, the platform sought to address information barriers and efficiency constraints within traditional used vehicle transactions, laying the foundation for digitalized transactions and beginning Yoliang’s technology-driven development journey.

As China’s new-vehicle replacement market continued to expand, particularly with the rapid growth of new energy vehicles, Yoliang launched its Yoliang Trade-In business in April 2024. The service was designed to support emerging new energy vehicle manufacturers nationwide by establishing an efficient and convenient trade-in system. It helps automakers manage trade-in inventory generated through new-vehicle sales while supporting new-vehicle sales growth, connecting the circulation of new and used vehicles and enabling closer coordination across the automotive value chain.

Using AI to Improve Vehicle-Condition Transparency

Vehicle-condition transparency is a fundamental requirement for the high-quality development of the used vehicle industry. To address information asymmetry surrounding vehicle condition, Yoliang launched Yoliang SmartCheck in June 2024.

Powered by AI-based algorithms, SmartCheck is designed to improve the accuracy and consistency of vehicle-condition assessments while converting inspection information into standardized and visualized digital data. The system addresses several long-standing challenges in used vehicle circulation, including vehicle authenticity, accuracy of condition assessments and the alignment between vehicle valuations and market conditions.

Through practical AI applications, Yoliang is building a more transparent approach to vehicle-condition assessment. SmartCheck is currently used by multiple automakers and leading automotive dealer groups in China. Its applications extend from vehicle acquisition through several key stages of the transaction process, supporting greater efficiency and service quality across used vehicle circulation.

PowerBid: Digitizing High-Volume Vehicle Purchasing

To address the low efficiency and operational complexity associated with bulk vehicle purchasing by professional dealers, Yoliang launched the PowerBid Dashboard in July 2024.

The system introduced a new digital purchasing experience for Yoliang members, allowing a single member to participate in simultaneous bidding for dozens of vehicles. By reducing the time required for vehicle sourcing and bidding, the system improves the efficiency of high-volume transactions and provides professional dealers with digital tools to support larger-scale operations.

The PowerBid Dashboard has become an important component of the Yoliang PowerBid Auction System and a key example of Yoliang’s efforts to improve the digital transaction experience across the used vehicle industry.

Turning Transaction Data into Market Intelligence

Yoliang has also continued to expand its application of AI and large-scale transaction data in market intelligence.

In April 2025, the platform officially launched the Yoliang 30 Used Vehicle Wholesale Price Index (YP30). Built on extensive transaction data and AI-powered analytical models, YP30 tracks changes in used vehicle wholesale prices, supply and demand, and broader market trends. It provides dealers, automakers and research institutions with a data-based reference for understanding market conditions and fills a gap in more granular market analysis for China’s used vehicle wholesale sector.

To further improve transaction services and reduce industry costs, Yoliang upgraded its member payment system in August 2025, helping reduce transaction-related expenses.

In April 2026, the company launched Vehicle Buyer Assistant, an intelligent sourcing tool designed around dealers’ vehicle procurement needs. Through proactive matching algorithms, the system identifies and recommends suitable vehicle inventory based on dealer requirements, helping dealers source vehicles more efficiently and improve operating efficiency.

Expanding Used Vehicle Circulation to Global Markets

As China’s used vehicle exports and international circulation continue to develop, Yoliang has also begun implementing its global strategy.

In June 2026, the Yoliang Global independent website entered internal testing, followed by its official global launch in July. The platform connects key stages of cross-border used vehicle transactions and provides overseas buyers with selected vehicle inventory accompanied by intelligent vehicle inspection reports.

By connecting quality used vehicle inventory from China with international buyers, Yoliang Global is extending the reach of China’s used vehicle circulation industry and creating additional channels for Chinese used vehicles to enter global markets.

Three Years of Continuous Innovation

Three years of technology-driven development have taken Yoliang from establishing a digital foundation for domestic used vehicle transactions, through the development of a full-chain product ecosystem, to the implementation of its global strategy.

Throughout this process, Yoliang has focused on technology as a core driver of its development, progressing from individual product and tool innovations to broader improvements in services, transaction infrastructure and used vehicle circulation technology. Each product and technology initiative represents an effort to put its original commitment into practice: using technology and innovation to help partners succeed.

Looking ahead from the new starting point of its third anniversary, Yoliang will continue to focus on digital used vehicle circulation, increase investment in core technology development, further strengthen its domestic service ecosystem and expand its global presence.

Through continued technological innovation and industry-focused services, Yoliang aims to support the used vehicle industry’s transition toward a more standardized, intelligent and internationally connected stage of development.

Yoliang 3rd Anniversary: A Timeline of Technology and Innovation

有辆开拍3周年 科技创新之旅

About The Yoliang Company

The Yoliang Company is a technology-driven used vehicle circulation services platform focused on digitalizing and improving the efficiency of used vehicle transactions. Its business covers used vehicle auctions, trade-ins, vehicle inspection, transaction data services and cross-border used vehicle circulation.

Yoliang’s mission is to accelerate the trade of used cars through trustworthy and transparent services, using technology and data to improve efficiency, transparency and connectivity across the used vehicle value chain.

Translation Disclaimer: This English version is a translation of the original Chinese-language article. It is provided for reference and international communication purposes only. In the event of any discrepancy or inconsistency between the English translation and the original Chinese version, the original Chinese version shall prevail.