XinKangzhong (江苏康众汽配有限公司) traces its origins to 1995 and has grown into a B2B auto‑parts supply‑chain specialist with more than 1,300 company‑owned direct stores. The company has expanded into C‑end retail and services under the “Tmall Yangche” (天猫养车) brand, which has accumulated over 1,500加盟 stores and has more than 24,000 stores in application. Core offerings combine a deep direct supply chain, expansion of terminal retail service networks (汽修服务门店), and a digital SaaS management system (F6) to support store digitization and standardized services. Recent strategy emphasizes completing an S2B2C full‑chain coverage to provide integrated professional aftermarket services that are standardized, transparent, and quality‑assured. The new funds will be used mainly for nationwide expansion of C‑end Tmall Yangche stores and to strengthen digital and service capabilities leveraging Alibaba’s internet resources. Historically the company has attracted multiple equity investors including 华平资本, 高盛资产管理, 云峰基金 and PAG as it scaled.

Total raised

$200M

Funding rounds

1

Latest round

Series D

Latest activity

Sep 2021