UQI

In 2015, China's car ownership exceeded 170 million vehicles, growing at an annual rate of about 20%, and it is expected to surpass the United States in 2016 to become the world's largest car-owning country. Meanwhile, the average vehicle age in China will exceed 5 years in 2015, which is widely regarded as the beginning of a mature auto aftermarket. China's auto aftermarket is about to usher in a period of rapid development. The overall market is expected to exceed 700 billion yuan in 2015, yet no brand or company currently claims even 1% of the market share. Regardless of the segment of the aftermarket chain, there is potential to create brands worth tens of billions or even hundreds of billions. UQI (优汽) was born with the mission of integrating the automotive industry's information and transactions using internet technology and serving automotive professionals globally. It is committed to building a management and trading platform for auto repair shops. Through internet thinking and its self-developed, proprietary SASS product, the UQI Panshi System, it provides internet solutions for each link in the auto parts supply chain—from software systems like "Youqi Store Manager," "Youqi Online," "WeChat Connect," "Youxiang Loan," and "Youxiang Group Buy" for repair shops, to "Youqi Express" and "Youqi Radar" in the logistics and distribution domain, as well as "Youqi Store-to-Store Connect" for suppliers. It enables parts traceability, real-time vehicle positioning, partner membership management and data analysis through scenario-based methods, and collects big data through the cloud, aiming to reshape traditional auto parts distribution supply chains. Even before its official launch, UQI had secured considerable investment. Within just three months of going live, its first auto internet product, "Youqi Online," achieved a daily transaction volume exceeding one million yuan. Now, the platform has registered users from as many as 20,000 stores, with monthly transaction volume and amounts doubling, already surpassing 20 million yuan. This underscores its critical role in connecting parts suppliers' sales systems with store purchasing systems, and by integrating store management applications and cloud technology, making purchasing easy, service fast and authentic, and prices competitive. UQI's supply chain solutions do not merely rely on internet methods for low prices and speed; they also leverage UQI's robust field promotion team and professional warehousing and distribution logistics team to ensure the implementation of internet products and service standards. "UQI Next-Day Delivery" and "UQI 2-Hour Delivery" emerged, leading the industry in standardizing service levels. As an emerging solution provider in the automotive aftermarket, with the successive launch of a series of mature, stable, and fully functional systems such as "Youqi Online," "Youqi Store Manager," "Youqi Store-to-Store Connect," "Youqi WeChat Connect," and "Youxiang Loan," all issues related to the integrated operation and management of auto repair enterprises will be addressed. The establishment of UQI's internet community and social groups is also well underway, and the future of the automotive aftermarket will surely see the "U" whirlwind prevail.