Guangdong Hengju Auto parts Technology co.,Ltd.，an e-commerce company which invested by Guangdong Henghe environmental investment Fund with a 6 billion scale， created an electronic business platform which called " Hengju scrap king ". The platform coordinated with related companies and combined “ industries of automobile rear, renewable resources as well as E – commerce ” successfully to provide used - car trade service, scrap automobiles and leftover material transaction service, renewal accessories transaction, vehicle maintenance and repair, professional processing towards various segments including finance and logistics service, big data application, IT system, industry promotion and other integrated high quality services. Innovative trading pattern had been taken to reduce redundant procedures between the vendor and purchaser which could realize seamless transactions and improve profits effectively.

“ Hengju Scrap King” will integrate three industries of “used – car and scrap automobiles, vehicle maintenance and accessories, leftover material recycling” to gather 280 million car owners, more than 600 scrap – car companies, about 560 billion yuan turnover every year on used – car and scrap automobiles service, thousands of leftover material recycling companies, above ten thousands accessory distributors, tens of thousands of car maintenance or authorized dealer stores, above 550 billion yuan turnover and about a trillion on the automotive waste output. The platform utilizes innovative trading pattern and advanced Internet technology to merge the industry and the Internet together and ultimately creates a perfect industrial ecological circle.