We are the holding company whose subsidiaries operate a parking technology business. (Incorporated in the Cayman Islands)

We are a leading equipment supplier in China’s active parking utilization service market in terms of number of parking hardware shipments and profitability, according to Frost & Sullivan. We started our business in 2012 and has been focused on research and development of equipment used in intelligent parking and smart travel scenarios. We provide access control system equipment, such as HD (high definition) license plate recognition system, dynamic face recognition system, smart campus management system, Internet of Things access control management system, road access control system, and other access control equipment. We also provide custom made hardware based on needs of our customers.

With the rapid urbanization in China and the increasing awareness of traffic safety, the demand for active parking utilization system products in commercial and residential buildings has increased, including demand for intelligent license plate recognition solutions, intelligent vehicle gate valves, roadblocks, facial recognition secure access systems, etc. The demand translates into a huge market for active parking utilization systems and related products, and we participate in this growing market by supplying equipment parts and compatible software that are used to build active parking utilization systems.

Our products and services are sold to various types of customers including residential compound, public parking lots, commercial complexes, airports, schools, office buildings, and industrial parks. As of the date of this prospectus, we have installed our access control system equipment in parking lots in approximately 300 cities across China.

We offer our customers an extensive array of products and services designed for use in access control systems, encompassing both hardware and software solutions. Additionally, we offer other tailored products and services to address the unique requirements of some customers, such as special function setting, to accommodate their specific needs.

Note: Net income and revenue are in U.S. dollars for the year that ended Dec. 31, 2023.

(Note: UEOPPLE Technology Holding Ltd. filed its F-1 for its IPO on June 7, 2024, to offer 1.25 million ordinary shares – without disclosing the IPO’s proposed price range. Estimated IPO proceeds are US$9.0 million, which implies a mid-point price of $7.20 per share. At that price, UEOPPLE would have a market cap of about $189.0 million. Background: UEOPPLE Technology Holding Ltd. submitted confidential IPO documents to the SEC on Dec. 27, 2023.)