JIC Leasing recently provided financial leasing services to a parking operation enterprise in a prefecture-level city of Hunan Province in support of the construction of the local intelligent parking project and urban digital transformation.

The enterprise is mainly responsible for the construction and operation of transportation infrastructure in the region. The supported intelligent parking project consists of more than 100 parking lots, and over 4,000 charging piles and intelligent parking systems have been built. After completion, the project will help improve the interconnectivity of the city’s intelligent parking information system as well as the overall intelligence level of urban transportation.

With the acceleration of China’s urbanization in recent years, the total number of vehicles is increasing rapidly, and the “shortage of parking spaces” has gradually emerged as one of the major barriers impeding the growth of urban traffic and vehicle consumption.

JIC Leasing continues to work in information technology, increase support, promote the development of intelligent transportation, and help with intelligent upgrading and digital transformation of urban construction and operation in response to this problem.