TUS International entering smart parking business
Shanghai Nanlang Finance Lease Limited, a subsidiary of TUS International, successfully provided a finance lease solution to a well-known smart parking services provider in China. This new line of business also recorded higher profit margin than its existing finance lease business of motor vehicles and equipment.
It is believed that provision of finance lease solutions to smart parking projects is a way to enter the smart parking industry. Smart parking is an important component of smart mobility, and TUS International strives to become an intelligent driving and solution provider which connects automobiles and the cloud seamlessly, and lead the ecological construction of smart and connected automobile. In the future, TUS International will continue to extend its business in smart parking, with an aim to assist the development of city level smart transport platform for the local governments of different cities in China.