ETCP

Yitong Technology is an internet enterprise applying vehicle networking applications, comprising subsidiaries including: Anhui Yitong Information Technology Co., Ltd., Beijing Yuechang Technology Co., Ltd., Beijing Yuechang Parking Development Co., Ltd., Chengdu Yuechang Parking Technology Co., Ltd., Beijing Chexing Shenzhou Technology Co., Ltd., Zhuhai Chexing Tianxia Technology Co., Ltd., etc. Yitong Technology is committed to providing professional and personalized new services around ETC+, building a complete ETC ecosystem scenario. It currently has six major business segments: issuance, parking, charging, refueling, innovative insurance, and new retail, enabling efficient interconnection among people, vehicles, and life, and realizing multi-directional extension and docking across brands, platforms, and scenarios, achieving a full-scenario solution for car owner life with "one owner, one entry." Currently, business reaches 260 cities, with comprehensive deep coverage in Beijing, Shanghai, Guangzhou, and Shenzhen. Nationwide ETC Assistant issuance exceeds 50 million, and ETCP parking registered car owners exceed 70 million. It has successfully developed consumption applications in multiple scenarios including parking, refueling, charging, and highway service areas, and continues to expand and refine full-series products such as hardware, software, payment settlement, mobile applications, and comprehensive operations. In 2021, Yitong Technology cooperated with multiple domestic oil and natural gas companies to create dedicated ETC refueling lanes, enabling "ETC + sensor-based refueling," without card swiping or scanning. The entire process requires no extended stay for car owners, and can be completed from fueling to payment within just 2-3 seconds, greatly improving gas station efficiency and car owner time. Additionally, in project docking with State Grid, utilizing WeChat hardware ID technology and cooperating with charging pile operators, it completed connection of charging pile identification and settlement systems, achieving unified settlement for charging and parking, automatic deduction, and bill sending, providing important technical support for advancing integrated parking-charging construction and intelligent transportation. The parking business segment, as the creator and leader of the domestic smart parking lot industry, through continuous innovation and upgrading of hardware, intelligent management, and smart platforms, has taken the lead in forming management concepts and renovation solutions for parking lot data utilization, cloud adoption, and intelligence empowerment. Using the SaaS platform, it achieves hardware equipment management and maintenance, remote front-end monitoring of vehicle surveillance, and cloud management platforms, truly enabling unattended fee collection and unattended operation. Furthermore, Yitong Technology, through its self-built SaaS platform, provides a series of daily and personalized customized operation services for parking lots, such as statistical analysis, financial management, electronic invoices, report management, personnel management, and payment settlement, making data, management, execution, and revenue processes more transparent and efficient, and achieving targeted cost reduction, quality improvement, and efficiency enhancement for operation management, renovation, and maintenance of parking lots of different regions and categories. Yitong Technology always regards technological and service innovation as the driving force of development, actively promotes deep integration of technological innovation with traditional industries, and uses ETC identification and scenario construction and extension to expand multiple application scenarios such as vehicle zones, urban zones, and site zones, improving car owner vehicle use and life efficiency and enhancing human-vehicle interaction experience. Under the ETC-X and ETC+ model framework, it helps drive the construction of ecosystem systems for smart cities, smart mobility, smart vehicles, and smart life.