Over the past few years, the revenue growth rate has exceeded 100%.According to the early news of IPO, the parent company of the smart parking platform "aipark love parking" - Smart interworking Technology Co., Ltd. has recently signed a listing guidance agreement with CSC securities to be listed on the science and innovation board.Founded in 2015, love parking mainly connects urban parking data in the "Internet + AI" mode through the integration of big data platform architecture, artificial intelligence technology, big data mining and software and hardware, which can visually manage urban parking information and meet the needs of urban management and citizens' parking needs.

In terms of business model, love parking focuses on the management of roadside open berths and connects with C-end value-added services to form a long tail closed loop. At the same time, in terms of business format, it combines parking, maintenance, finance and other derivative fields to build a set of to BC model, so as to realize the effective connection between car owners' needs and parking space resources, as well as the comprehensive sharing and unified management of urban parking resources.At present, aipark has developed and issued more than 200 core patented technologies of artificial intelligence, big data and intelligent hardware, and launched aipark city intelligent parking management platform, aipark sky eye "aipark sky eye" series intelligent hardware products, aipark commander static traffic order management illegal parking system, aipark C-end product matrix, aipark City charge integrated parking charging system Aipark AOM operation and maintenance detection and dispatching management system, aipark portal urban static traffic comprehensive decision-making system and other products.Among them, aipark City, a city level intelligent parking solution driven by "Ai + IOT + DT" core technology, is the most representative product of love parking in the past five years. It has been commercially launched in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin, Chengdu, Fuzhou, Guiyang, Lanzhou, Xining, Shijiazhuang, Handan, Zhangjiakou, Bozhou, Tangshan, Chifeng and other cities, Help local governments effectively solve urban problems such as "difficult parking, disorderly parking and difficult governance" and improve the utilization rate of parking resources.

In terms of financial data, the revenue growth of love parking in the past few years has exceeded 100%, and the smart parking business has achieved a year-on-year growth of more than 150% in 2020.Since 2017, the financing of love parking has made rapid progress: in December 2017, it was announced to complete the round a financing of more than 100 million yuan led by China US Green Fund and followed by Gaorong capital; In June 2018, it was announced to obtain hundreds of millions of yuan of round B financing led by Weilai capital, CO invested by China US Green Fund and Sanli group; In October of the same year, it obtained hundreds of millions of yuan of B + round financing led by CICC capital.In less than half a year from June to December 2020, aipark announced the completion of four consecutive rounds of financing: including 300 million yuan of c-round financing led by Gaorong capital, hundreds of millions of yuan of C + round financing invested by bocom international, 58 industry fund and Hunan finance and information fund, hundreds of millions of yuan of d-round financing led by Shenzhen Venture Capital and D + round financing led by China Hebei investment.

In fact, there are not a few startups focusing on "Internet + parking" under the wind of o2o in 2014 and 2015. However, when the tide recedes, few enterprises still stay on the "card table".On the one hand, bat and other Internet giants personally layout Internet parking through their core competitiveness in cloud technology and Internet of things, and successively release their own smart parking solutions; On the other hand, compared with the competitive environment of grabbing users by subsidies a few years ago, today's start-ups have built solid barriers at multiple levels such as hardware, algorithms, data, R & D and operation.Of course, the current popular concept of "new infrastructure" and the growing phenomenon of "difficult parking" in cities mean that the incremental space of this track is still relatively considerable.