Recently, the credit charter platform 'Enchanging Machine' announced that it has completed RMB 150 million A+ round of equity financing. This round of financing was led by Chenshan Capital, Cosmopolitan Asset Management, digging wealth, Huagai Capital, Qing Capital and other new and old shareholders. All participate in the follow-up vote, among which Qingxin Capital has excess investment, and Gaochun Capital acts as exclusive financial advisor.
HSI completed a round of RMB 110 million A round of financing at the end of last year. Within 3 months, the cumulative financing amount was nearly RMB 300 million, and the amount of financing was the largest in the industry. The financing of HCH will be used for risk control team building and value-added services. Layout, offline service optimization, and brand promotion.
After completing the 'returning machine for new' complete cycle, the monthly contract amounted to 100 million yuan
HSI was established at the end of 2016. It is China's largest independent recycling project for electronic product recycling and environmental protection processing platforms. In July 2017, the split subsidiary was independently operated.
HCH will provide mobile phone rental service. Users can use mobile phone to pay monthly rent. During the lease period, the user also has free mobile phone repair service. After the lease expires, the user can choose to take the opportunity to renew, renew or buy Off, lease duration can be set as needed.
As young people become the main consumers, the novel and flexible concept of shared consumption has gradually become mainstream, and the acceptance of credit charter business has been continuously improved. The data of the replacement machine has also verified this point: More than 60% of the users of the replacement machine are 30. For young people under the age of over one year, the business performance of the replacement machine has far exceeded expectation, and it has seen an explosive growth since the second half of 2017. The cumulative number of registered users is nearly 10 million. At the same time, HCH has ushered in a complete 'refreshing' business cycle at the end of 2017. Currently, the occupancy rate is 40%. In the future, the goal of HCH is to deepen the experience of renting machines and changing machines. Increase the rent recovery rate to 80%.
The industry's top service capabilities, mobile phone manufacturers in-depth cooperation
The replacement machine that was born out of love recovery defines the credit rent machine as a new smartphone consumption upgrade. Enjoying replacement machine CEO Wang Sibao believes that the one-stop service and seamless machine replacement experience is the core of credit lease. The machine has industry-leading product design capabilities and a complete rental service process. More importantly, the Hyundai replacement machine is currently the only rental service provider in the industry that can provide multiple free maintenance and offline service.
Based on the accumulation of big data of shareholders' love recovery for the past 7 years, the price forecasting model independently developed by HSI can guarantee a good gross profit margin and protect the virtuous circle of the company. Under the premise of ensuring a virtuous circle of business, it gives the rental price that best meets the user's expectations and attracts more. Users try to rent a business. On the other hand, through offline store refreshment and love recovery of strong asset disposal capabilities, HCH has the industry's top drop-in tolerance. When the user is due to return, the overall opportunity to negotiate Low, can give users the best opportunity to return the machine.
With the steady increase in the scale of leasing and the relatively high lease-rate, many mobile phone manufacturers are admiring. The mobile phone manufacturers have gradually approved the replacement of the replacement machine and regard it as the core growth trend of the business in the future. At present, Switching Machine has reached a strategic cooperation with a number of mobile phone manufacturers to obtain sufficient supply within the launch period of the new machine. At the same time, coupled with the replacement of the machine to the user's fine-grained operations, a two-pronged approach can maintain the user's high viscosity. Next, HCH will also plan to introduce more value-added services such as mobile phone repairs, insurance, and billing packages, to create a one-stop rental service and continuously improve the user's rental experience.
Conforming to the trend of consumer upgrades and leveraging the billion-dollar mobile phone rental market
According to statistics, in 2017, smart phone shipments ushered in an inflection point for the first time. The smart phone market gradually saturated in the early years of emerging technology stimuli and continued excavation of marketing stimuli in recent years. The solidarity of mobile phone sales boundaries forced major manufacturers to join The competition for existing users will use more personalized services to stimulate users’ desire to purchase new products. At the same time, with the gradual dilution of awareness of possession of property rights in young groups, more emphasis will be placed on changes in consumption concepts such as use and experience. Using payment' has become a future consumer trend.
Chen Jian, founding partner of Chenshan Capital, said that smart phones pay according to the use of the current consumer upgrade trend, will gradually subvert the traditional mobile phone consumption patterns that have existed for many years, and promote the mobile phone industry from hardware consumption to service consumption upgrade. Based on a stop The concept of consumption, mobile service is more space than the traditional retail imagination, you can package more value-added services.
Mobile phone rental platforms such as replacement machines have maintained rapid growth under the mobile phone slowing retail environment. Liu Yehao, partner of Gofei Financial Ecological Investment Fund, said that with the gradual increase in mobile retail prices and the rejuvenation of consumer groups, mobile phones No doubt, leasing can reduce the user's machine threshold, stimulate new machine sales, and become a new consumer outlet.
Wang Baohua, a partner of Huagao Capital TMT Fund, who has invested two consecutive rounds of funds, expressed his recognition of the exchange team. As a leader in this field, he will use the core team's rich experience in the mobile phone industry chain and rapid learning ability to make changes in the future. Achieve deeper cooperation with more brands to provide users with more professional and personalized mobile phone rental and value-added services in the industry.
Recently, the credit charter platform 'Enchanging Machine' announced that it has completed RMB 150 million A+ round of equity financing. This round of financing was led by Chenshan Capital, Cosmopolitan Asset Management, digging wealth, Huagai Capital, Qing Capital and other new and old shareholders. All participate in the follow-up vote, among which Qingxin Capital has excess investment, and Gaochun Capital acts as exclusive financial advisor.
HSI completed a round of RMB 110 million A round of financing at the end of last year. Within 3 months, the cumulative financing amount was nearly RMB 300 million, and the amount of financing was the largest in the industry. The financing of HCH will be used for risk control team building and value-added services. Layout, offline service optimization, and brand promotion.
After completing the 'returning machine for new' complete cycle, the monthly contract amounted to 100 million yuan
HSI was established at the end of 2016. It is China's largest independent recycling project for electronic product recycling and environmental protection processing platforms. In July 2017, the split subsidiary was independently operated.
HCH will provide mobile phone rental service. Users can use mobile phone to pay monthly rent. During the lease period, the user also has free mobile phone repair service. After the lease expires, the user can choose to renew the machine, renew or buy. Off, lease duration can be set as needed.
As young people become the main consumers, the novel and flexible concept of shared consumption has gradually become mainstream, and the acceptance of credit charter business has been continuously improved. The data of the replacement machine has also verified this point: More than 60% of the users of the exchange replacement machine are 30. For young people under the age of over one year, the business performance of the replacement machine has far exceeded expectation, and it has seen an explosive growth since the second half of 2017. The cumulative number of registered users is nearly 10 million. At the same time, HCH has ushered in a complete 'refreshing' business cycle at the end of 2017. Currently, the occupancy rate is 40%. In the future, the goal of HCH is to deepen the experience of renting machines and changing machines. Increase the rent recovery rate to 80%.
The industry's top service capabilities, mobile phone manufacturers in-depth cooperation
The replacement machine that was born out of love recovery defined the credit rent machine as a new smartphone consumption upgrade. Enjoying replacement machine CEO Wang Sibao believes that the one-stop service and seamless machine replacement experience is the core of credit lease. The machine has industry-leading product design capabilities and a complete rental service process. More importantly, the Hyundai replacement machine is currently the only rental service provider in the industry that can provide multiple free maintenance and offline drop services.
Based on the accumulation of big data of shareholder companies' love recovery over the past 7 years, the price forecasting model independently developed by HSI can guarantee a good gross profit margin and protect the virtuous circle of the company. Under the premise of ensuring a virtuous circle of business, it gives the rental price that best meets the user's expectations and attracts more. Users try to rent a business. On the other hand, through offline store refreshment and love recovery of strong asset disposal capabilities, HCH has the industry's top return tolerance. When the user expires, the overall opportunity to negotiate Low, can give users the best opportunity to return the machine.
With the steady increase in the scale of leasing and the high lease-recovery rate, H-Machine has attracted a lot of mobile phone manufacturers. Mobile phone manufacturers have gradually recognized the H-share conversion model as the core growth trend of the business in the future. At present, Switching Machine has reached a strategic cooperation with a number of mobile phone manufacturers to obtain sufficient supply within the launch period of the new machine. At the same time, coupled with the replacement of the machine to the user's targeted fine operation, two-pronged approach can maintain the user's high viscosity. Next, HCH will also plan to introduce more value-added services such as mobile phone repairs, insurance, and billing packages, to create a one-stop rental service, and continuously improve the user's rental experience.
Conforming to the trend of consumer upgrades and leveraging the billion-dollar mobile phone rental market
According to statistics, in 2017, smart phone shipments ushered in an inflection point for the first time. The smart phone market gradually saturated in the early years of emerging technology stimuli and continued excavation of marketing stimuli in recent years. The solidarity of mobile phone sales boundaries forced major manufacturers to join The competition for existing users will use more personalized services to stimulate users’ desire to purchase new products. At the same time, with the gradual dilution of awareness of possession of property rights in young groups, more emphasis will be placed on changes in consumption concepts such as use and experience. Using payment' has become a future consumer trend.
Chen Jian, founding partner of Chenshan Capital, said that smart phones pay according to the use of the current consumer upgrade trend, will gradually subvert the traditional mobile phone consumption patterns that have existed for many years, and promote the mobile phone industry from hardware consumption to service consumption upgrade. Based on a stop The concept of consumption, mobile service is more space than the traditional retail imagination, you can package more value-added services.
Mobile phone rental platforms such as replacement machines have maintained rapid growth under the mobile phone slowing retail environment. Liu Yehao, partner of Gofei Financial Ecological Investment Fund, said that with the gradual increase in mobile retail prices and the rejuvenation of consumer groups, mobile phones No doubt, leasing can reduce the user's machine threshold, stimulate new machine sales, and become a new consumer outlet.
Wang Baohua, a partner of Huagao Capital TMT Fund, who has invested two consecutive rounds of funds, expressed his recognition of the exchange team. As a leader in this field, he will use the core team's rich experience and rapid learning ability in the mobile phone industry chain to enjoy future replacement opportunities. Achieve deeper cooperation with more brands to provide users with more professional and personalized mobile phone rental and value-added services in the industry.
