Recently Mr. Chen Cheng CEO of Yibot Technology led a delegation to the Chengdu Branch of Tianfu Bank in Sichuan Province to sign a strategic cooperation agreement with Tianfu Bank. This partnership will see both parties working together to conduct in-depth cooperation in the field of smart parking leveraging innovative technologies to drive the upgrading and development of the parking industry.

At the signing ceremony Mr. Chen elaborated on Yibot Technology’s layout and development strategy in key business sectors such as parking payment city-level smart parking and parking lot operations. Mr. Chen stated that Yibot has always been committed to solving urban parking challenges through technological innovation. Currently the company is actively exploring static transportation solutions that align with China’s national conditions aiming to achieve unmanned coordination between parking facilities and vehicles. It is worth noting that the company’s first nationwide project d on the coordination of parking facilities and vehicles Automatic Valet Parking (AVP) has been successfully applied at Chengdu East Station. This strategic partnership with Tianfu Bank will help the company further deepen its business expansion and enhance service quality.

Mr. Liu Gang President of Tianfu Bank’s Chengdu Branch highly recognized Yibot Technology’s technological strength and innovative philosophy believing that the two parties have broad prospects for cooperation in business development and market expansion. According to the agreement the two parties will carry out all-around cooperation in multiple smart parking fields and jointly explore innovative financial solutions to meet the ever-growing market demand.

The signing of this strategic cooperation agreement marks a new stage in the development of the partnership between Yibot Technology and Tianfu Bank. Both parties will fully leverage their respective advantages to jointly promote the prosperity of the smart parking industry and provide car owners with more convenient and efficient parking services.

In the future Yibot Technology will continue to innovate and deepen its cooperation with various financial institutions government departments and other industry partners to jointly build a city-level smart parking ecosystem contributing to solving the challenges of urban parking.

Yibot Technology sincerely invites enterprises and institutions from all sectors of society that are willing to jointly promote the upgrading and development of the parking industry to visit the company for exchanges and to jointly plan a new chapter in the parking sector.