Jiangsu Kangzhong Auto Parts Co., Ltd.

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Jiangsu Kangzhong Auto Parts Co., Ltd. - overview

Established

2013

Location

Nanjing, Jiangsu, China

Primary Industry

Internet

About

Based in Nanjing, China, and founded in 2013 by its CEO Mr. Shang Baoguo, Jiangsu NEW CARZONE Auto Parts Co. , Ltd. , trading under the name New Carzone Inc.


, operates as an automotive aftermarket service platform that focuses on auto parts procurement wholesale. In September 2021, New Carzone Inc. raised USD 200 million in series D funding led by Asia Investment Capital Holdings, with Dragon Capital, Alibaba Group Holding Limited, and Shanghai Yunlong Equity Investment Fund Management, along with other unspecified investors, also participating in the round. New Carzone Inc.


provides an after-sales accessory direct sales service for terminal repair shops via the Internet. The product of the company includes a braking system, ignition system, and battery, such as oil filter, high-voltage line, and flywheel. The company adopts a business-to-business model. New Carzone Inc.


develops F6 automotive technology. New Carzone Inc. will use the funding for the expansion of the national market of C-end Tmall car stores.


Current Investors

Goldman Sachs Asset Management, China International Capital Corporation, CoStone Capital

Primary Industry

Internet

Sub Industries

Automobile Dealerships, Automobile Repair, Automobiles, Other Vehicles & Parts, Web Applications

Website

www.ncarzone.com

Verticals

E-commerce, Manufacturing

Company Stage

Series D

Total Amount Raised

Subscriber access only

Jiangsu Kangzhong Auto Parts Co., Ltd. - key contacts

NamePositionStart DateEnd DateVcardBio 
Chief Executive Officer & General ManagerBM

BM Board Member

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