Sunsea Parking

What Sunsea Parking does

Sunsea Parking (阳光海天) is a Beijing-headquartered, privately held Chinese parking lot operator founded in 2006 that provides B2B parking asset management, operations, investment, and consulting services to commercial property owners and government entities. The company secures long-term management rights (typically 10–20 years) through direct enterprise contracts with real estate developers (COFCO, SINO-OCEAN, China Resources, LongFor, Vanke) and international property managers (Savills, JLL, CBRE), as well as through BOT, PPP, and SPV joint venture arrangements with municipal governments. It manages approximately 700,000 parking spaces across 80+ Chinese cities and 900+ projects, with a portfolio spanning airports (Sanya Phoenix, Haikou Meilan, Shanghai Hongqiao, Changchun Longjia), commercial complexes (Joy City, Global Trade Center, Sam's Club Guangzhou), healthcare (Cancer Hospital CAMS), education (Ocean University of China), government buildings (CCTV HQ), and 10+ city-level road parking programs.

The company's core technology is AIPP (AI Parking Platform / All In One Parking Platform), a proprietary cloud asset management platform integrating parking SaaS ERP, AIoT monitoring (Sunsea Eyes), driver mobile services, NCC 7×24 remote monitoring, and big data analytics. In February 2025, AIPP was upgraded to "Parking Brain 2.0" with full DeepSeek AI integration, adding predictive analytics, fee-evasion anomaly detection, equipment self-inspection, and self-iterating autonomous operations. The platform supports a city-level government integration layer (CSPP), a B2B value-added services marketplace (T Market, launched January 2026 with 2,668 parking lots and 443 certified service providers), and an internet parking subsidiary (TJD Parking / 停简单, co-invested with Ant Financial). Sunsea has raised approximately RMB 1.5 billion from Warburg Pincus (2017) and USD 100 million from Goldman Sachs Direct Investment and Anchor Equity Partners (2020), and operates additional revenue streams from non-parking services (charging, advertising, car wash, retail — up to 25% of revenue) and parking consultation through its wholly-owned PDI design institute.

Sunsea monetizes through three primary channels: (1) parking operations management fees and revenue sharing on contracts won via direct enterprise sales and government concession bidding; (2) city-level BOT/PPP/EPCO projects where the company invests in construction and earns post-charge revenue sharing over the operating period; and (3) asset management advisory, value-added services, and B2B platform commissions. The company has disclosed a stated ESG target of managing 2 million parking spaces by 2027 and 5 million by 2030 in China.

Name

Sunsea Parking

Legal name

阳光海天智能科技集团有限公司

Website

https://sunsea.net

Company type

Private

Founded year

2006

Headcount range

1,001–5,000 employees

Short description

Sunsea Parking (阳光海天) is a Beijing-based Chinese parking operator providing 10–20 year B2B parking asset management, operations, and city-level BOT/PPP services to commercial property owners and governments, managing ~700,000 spaces across 80+ cities via its proprietary AIPP AI platform.

Ownership category

akta.pro rank

Product category

Parking Operations and Smart Parking Services

NAICS

Parking Lots and Garages (81293)

SIC

Services-Automotive Repair, Services & Parking (7500)

akta.pro primary industry

Parking Facility Operations (Garages, Lots, On-/Off-Street) (BPABAKAA)

akta.pro secondary industries

Off-Street Parking Facilities Operations (Garages, Lots, Park-and-Ride) (TLAJAIAB), On-Street Parking Operations & Curbside Management (Meters, Permits, Loading Zones) (TLAJAIAA), Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics) (TLAJAIAC), Parking Asset Management & Facility Services (Cleaning, Security, Staffing, Maintenance) (TLAJAIAG)

Keywords

• Parking operations management
• Smart parking platform
• City-level parking solutions
• Parking consulting and design
• Parking asset management

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Parking Operations Management Fees: Sunsea generates revenue by operating parking lots on behalf of property owners and government entities. The company secures 10-20 year management rights through contracts, leasing arrangements, or concession models. Revenue comes from parking fees collected, with the company taking a share or operating on a fee-for-service basis. Services cover security patrol, fee collection, equipment maintenance, cleaning, concierge services, and traffic management center (TMC) duty.
2. BOT/PPP City-level Parking Projects: Build-Operate-Transfer (BOT) and Public-Private Partnership (PPP) models for city-level parking infrastructure. Sunsea invests in construction, renovation and upgrading of parking resources, earning returns through post-charging revenue sharing. Upon expiration of operating rights, parking facilities are transferred to the property owner. The company also establishes SPV joint ventures with local governments for long-term parking operations.
3. Non-parking Revenue (增值业务): Non-parking income including charging piles, car beauty services, time-share leasing, media advertising, and locker services. The company states non-parking revenue can account for up to 25% of total revenue. Additional services include electric vehicle charging infrastructure, commercial space leasing within parking facilities, and data-driven targeted marketing to parking members.
4. Parking Consultation and Design Services: Professional parking planning and design consulting through China Parking Planning & Design Institute (PDI), established in 2012. Services include urban static traffic planning, parking facility design, traffic system analysis, investment feasibility reports, and asset evaluation.
5. Asset Management and Investment Returns: Through asset management approaches, Sunsea helps owners increase return on parking assets by optimizing management processes, applying high-tech technologies, developing value-added products, and building innovative collaborative models. Revenue includes income from parking asset acquisition and long-term value appreciation.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Sunsea Parking operates parking lots on behalf of property owners and government entities under 10-20 year management rights contracts, covering airports, commercial complexes, hospitals, universities, scenic spots, and city-level road parking across 80+ cities in China. It supplements operations with a proprietary AI-powered smart parking platform (AIPP, integrated with DeepSeek), city-level cooperation models (BOT/PPP/EPCO), and consulting and design services through its PDI subsidiary.

Product overview

Sunsea Parking offers a unified platform-plus-modules product architecture centered on its proprietary AIPP (All In One Parking Platform)智慧停车云资管平台, which integrates parking lot operations SaaS ERP, AI intelligent monitoring (Sunsea Eyes/海天之眼), driver mobile services (Hi P), big data analytics, and cloud-based NCC monitoring center into a single cloud asset management system. This core platform is supplemented by the CSPP city-level smart parking platform for government integration, the PDI planning and design research institute subsidiary, the TJD Parking (停简单) internet parking subsidiary, and the B2B '天马市集' value-added services marketplace. The company also provides structured city cooperation models (BOT, PPP, EPCO) and investment/management rights services. The Parking Brain 2.0 upgrade integrates DeepSeek AI to enable autonomous operational decision-making, self-improving AI models, and intelligent coordination across the entire parking ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• AIPP (AI Parking Platform / All In One Parking Platform) AIPP is Sunsea's proprietary cloud-based parking asset management platform integrating parking lot operations SaaS ERP, AI intelligent monitoring (Sunsea Eyes), driver services, mobile management, and big data analytics. It enables remote digital management of parking resources for commercial property owners and city governments, with full DeepSeek AI integration enabling dynamic operations strategy, risk prevention, and 7x24 unmanned services.
• CSPP (City Smart Parking Platform / 城市级智慧停车平台) CSPP is Sunsea's city-level smart parking management platform that connects to city government service centers for centralized management of parking equipment, personnel, operational KPIs, member data, and safety monitoring. Supports electronic orders, electronic payments, and electronic invoices, enabling city governments to digitally manage public parking resources across districts.
• Parking Lot Operations Management Services Core service offering covering full-lifecycle parking lot operations for airports, commercial complexes, hospitals, universities, scenic spots, office buildings, and city-level road parking across 80+ Chinese cities. Includes security patrol, fee collection, equipment maintenance, cleaning, concierge services, traffic management center duty, and dynamic pricing. Delivered under 10-20 year management rights contracts with property owners and government entities.
• City-level Smart Parking Cooperation (BOT/PPP/EPCO) Structured cooperation models for city-level parking infrastructure projects, including Build-Operate-Transfer (BOT), Public-Private Partnership (PPP), Engineering Procurement Construction Operations (EPCO), and SPV joint venture arrangements. Sunsea invests in construction, renovation, and upgrading of parking resources, earning returns through post-charging revenue sharing and transferring facilities to the property owner upon expiration of operating rights. Active across 10+ city-level road parking projects covering over 100,000 road spaces.
• PDI - China Parking Planning & Design Institute (中国停车规划设计研究院) PDI is Sunsea's wholly-owned consulting subsidiary founded in 2012, providing urban static traffic planning, parking industry research, intelligent parking consulting, parking lot planning and design services, traffic system analysis, investment feasibility reports, and asset evaluation across the full industry chain.
• TJD Parking (停简单 / Easyparking) Smart Parking Platform TJD Parking (Easyparking) is Sunsea's jointly-controlled smart parking subsidiary providing internet parking platform services including online parking fee payment and mobile services. As of recent disclosures, covers over 6,000 parking lots with 2 million online high-value parking spaces serving over 40 million vehicles nationwide. Sunsea and Ant Group jointly invested in TJD, with Sunsea and Ant Financial collaborating on the 2025 upgrade to 'Parking Assistant' integrated with Amap navigation.
• T Market (天马市集) B2B Parking Value-Added Services Platform T Market is a B2B collaboration platform for the parking industry launched by TJD Parking subsidiary, connecting parking operators with service providers across 10 categories including charging, car washing, new retail, and vehicle inspection. The platform covers 2,668 parking lots with 1.16 million operational parking spaces and 443 certified quality service providers, enabling non-parking value-added services revenue.

Quantifiable outcome

• 99% customer satisfaction rate achieved through standardized operations and service quality management
• +10 more outcomes

Named customers14 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature6 records

Partnerships

Eight partnerships are on record, tiered major and core.

• China International Investment Promotion Association - Building Economy Committee (中国国际投促会楼宇经济工委会)majorStrategic or Co-development Partner · 1 January 2026Building Economy Committee organized member visits to Sunsea and awarded 'Future Urban Parking Scenario Laboratory' co-construction recognition. Sunsea serves as deputy chairman unit, demonstrating AIPP platform technology and operations capabilities to promote smart building and parking integration.
• Alipay Digital Travel (支付宝数字出行)coreTechnology or Integration · 1 February 2025At the 2025 'More than Parking' conference, Sunsea and Alipay Digital Travel signed strategic cooperation to integrate parking services with digital payment and travel platforms, enabling seamless parking payment experiences for users.
• Xiamen Road Bridge Information (厦门路桥信息)majorTechnology or Integration · 1 February 2025Strategic partnership to explore innovative off-peak parking models and leverage big data and AI technologies in urban static traffic management. Xiamen Road Bridge Information is a Beihai Stock Exchange listed company specializing in intelligent transportation.
• Tianji Intelligence (天机智能)majorStrategic or Co-development Partner · 1 February 2025Partnership for new energy charging solutions and differentiated competitiveness in electric vehicle charging within parking facilities. Collaborating on charging infrastructure deployment and operational models.
• Gaode Map (高德地图)majorTechnology or Integration · 1 February 2025Partnership to enhance parking navigation and location-based services, integrating parking facility information into navigation platforms for improved user experience and parking search efficiency.
• Indigo Parking (法国Indigo停车公司)majorStrategic or Co-development Partner · 1 January 2019During the 55th anniversary of China-France diplomatic relations, Sunsea signed a joint venture cooperation agreement with France's Indigo Parking to jointly expand city-level parking business in China, combining Sunsea's local expertise with Indigo's international experience.
• Secure Parking China (安泊客)majorStrategic or Co-development Partner · 1 January 2019Sunsea fully acquired Secure Parking China (安泊客), further solidifying its competitive advantage in the parking industry through expanded service capabilities and client base.
• Ant Financial (蚂蚁集团)coreStrategic or Co-development Partner · 1 January 2018In 2018, Sunsea and Ant Financial jointly invested in China's largest Internet parking platform Easyparking (停简单). Sunsea also co-founded Easyparking in 2014, which received Ant Financial's B+ round financing of several hundred million yuan in March 2018. Easyparking currently covers 6,000+ parking lots with 2 million online parking spaces serving 40+ million vehicles nationwide.

Scale indicators13 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• SP+ Corporation: SP+ is a major North American parking management company operating thousands of garages and lots across airports, commercial, healthcare, and government segments, with a technology-driven operations platform comparable to Sunsea's AIPP-driven approach.
• Q-Park: Q-Park is a leading European parking operator with operations across the Netherlands, Germany, UK, France, and Nordics, focusing on off-street facilities, digital platforms, and city partnerships — closely mirroring Sunsea's off-street and city-level model.
• LAZ Parking: LAZ Parking is one of the largest parking operators in the US, managing over 1.5 million spaces across airports, commercial, healthcare, hospitality, and university segments with a similar asset-light management-rights model.
• Indigo Parking: Indigo is one of the largest parking operators in Europe, managing millions of spaces across hundreds of cities. Sunsea and Indigo signed a JV in 2019 to jointly expand city-level parking in China, making Indigo a directly comparable international peer.
• ETCP (Beijing Yiqi Technology): ETCP is a leading Chinese smart-parking platform operating in major Chinese cities with IoT-based parking management, mobile payment, and digital operations. It directly competes with Sunsea's TJD subsidiary in the China market.
• Lancar Technology (蓝卡科技): Lancar is a Chinese AI-based parking technology vendor providing license-plate recognition, video guidance, and integrated management systems for garages, lots, and road-parking projects, competing in the same smart-parking technology stack.
• Songli Holdings (松立控股): Songli Holdings is a Chinese smart-parking solution provider that integrates AI video, IoT, and city-level platforms to serve commercial and municipal parking clients across China, directly comparable to Sunsea's AIPP and CSPP offerings.

Regional players

• Imperial Parking Canada: Imperial Parking is one of Canada's largest parking operators managing commercial, residential, hospital, and airport facilities. It is a comparable asset-light operator in a different geography, useful as a peer benchmark for operations scaling.

Emerging players

• Lifu Holdings (立方控股): Lifu Holdings is a Chinese listed company providing parking systems, equipment, and management software for garages and lots. It operates a more equipment-and-software-centric model than Sunsea's full-service operations focus.

Others

• Aliyun / Alibaba Cloud (Smart City & Mobility): Aliyun provides smart-city and mobility cloud platforms used by some municipal parking projects in China. While not a direct parking operator, it is a platform/ecosystem participant whose smart-city offerings can enable or compete with city-level parking platforms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/110992302253078

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sunsea Parking