Jieshun Technology

What Jieshun Technology does

Shenzhen Jieshun Science and Technology Industry Co., Ltd. (JIESHUN, 002609.SZ) is a Shenzhen-headquartered, publicly listed provider of smart parking and access-control systems, founded in 1992 and operating in 100+ countries with a deployed base of more than 100,000 parking lots and 50,000+ cloud-connected sites. Its portfolio spans core hardware (Parking Management Systems with proprietary License Plate Recognition, Parking Guidance Systems, Barrier Gates, Pedestrian Gates, Access Control Systems, EV Chargers) plus cloud and operations layers (SkyOpen centralized platform, JParking cloud hosting and space e-commerce, JLite for smaller facilities, and the proprietary 'AI Brain' analytics engine). Underlying technology centers on computer-vision-based LPR achieving 99.7%+ recognition in China and 98.5% in early Malaysia deployments, multimodal facial recognition (Y10/Y20 terminals) with anti-spoofing and mask detection, video and ultrasonic parking guidance, IoT cloud integration, and TTS-based human-machine interfaces, all backed by a 1,000+ R&D team, 15% of revenue spent on R&D, and 300+ patents.

JIESHUN monetizes through a blended model: one-time hardware sales to commercial real estate, airports, rail hubs, residential communities, industrial parks, and city governments; recurring JParking/SkyOpen cloud subscriptions; managed parking operations and digital parking operations services; and fintech-driven transaction fees via the JS FinTech subsidiary and a broad payment-rails stack (Alipay, WeChat Pay, UnionPay, Visa, Mastercard, ETC, plus regional wallets such as Touch'n Go, Boost, GrabPay, Maybank QRPay, Octopus). Go-to-market combines enterprise field sales for B2G and large CRE accounts, a global distributor channel under the 'Become a Distributor' program, and a self-service digital layer (Cloud Showroom, Download Center). Capital structure includes publicly listed parent (no controlling parent company), wholly owned operating subsidiaries JParking, JS FinTech, Shunyitong, and Zhicheng, a 49/51 joint venture (Hui Parking) with Huizhou Traffic Investment Group, and a 2015 prepaid-card license acquisition (brother Gordon). Strategic partners include Huawei, Alibaba/Alipay/Ant Financial (which made a USD 30M strategic investment in JParking in 2018), Lenovo, China Mobile, ZTE, China Unicom, and Sunway Group, and the company authored the T/SZAS 80-2024 Bay Area Standard for Hong Kong/Macao vehicle LPR.

Name

Jieshun Technology

Legal name

Shenzhen Jieshun Science and Technology Industry Co., Ltd.

Website

https://jieshun-tech.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Jieshun Technology (002609.SZ) is a Shenzhen-based, publicly listed provider of smart parking and access-control hardware, cloud platforms (SkyOpen, JParking), and managed operations, serving governments, commercial real estate, airports, and transport hubs across 100+ countries.

Ownership category

akta.pro rank

Product category

Smart Parking Systems

NAICS

Computer Systems Design and Related Services (5415), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Smart Parking Technology Platforms (Occupancy Sensors, Guidance, Reservations, Analytics) (TLAJAIAC)

akta.pro secondary industries

Parking Access & Revenue Control Systems (PARCS) (Gates, Pay Stations, Ticketing) (TLAJAIAD), Smart Lock Software Platforms & Mobile Apps (Access Control SaaS) (HSAHAEAG), Real-Time Vision at the Edge (on-device CV/video) (HDAAAJAE)

Keywords

• Smart parking solutions
• Access control systems
• License plate recognition
• Parking management software
• IoT cloud platform

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Sales: Sale of parking management systems, barrier gates, pedestrian gates, access control systems, EV chargers, and related parking equipment to commercial and government customers.
2. Software/Cloud Services: Recurring subscription and cloud service fees from JParking platform, SkyOpen platform, and cloud hosting services for parking lot management.
3. Parking Operations Services: Professional parking operations services including digital parking operations, cloud hosting management, and value-added services for parking asset owners.
4. Financial Services: JS FinTech subsidiary provides financial services. Includes integration with payment platforms like Alipay, WeChat Pay, and other digital payment solutions.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Jieshun Technology designs, manufactures, and integrates AI-driven smart parking hardware (Parking Management Systems, Parking Guidance Systems, Boom Barrier Gates, Pedestrian Gates, Access Control Systems, EV Chargers) and cloud platforms (JParking, SkyOpen, JIESHUN IoT Cloud Platform) for government, commercial real estate, transportation hub, industrial park, and residential customers across 100+ countries. Its flagship offering combines a proprietary AI-based LPR algorithm with facial recognition, big-data analytics (AI Brain), and a comprehensive cloud-management ecosystem enabling unattended, ticket-free parking operations, real-time space guidance, and digital parking operations services.

Product overview

Jieshun Technology offers a comprehensive smart parking and access control ecosystem consisting of core hardware products (Parking Management System, Parking Guidance System, Barrier Gates, Pedestrian Gates, Access Control System, EV Chargers) managed through the SkyOpen cloud-based platform. The portfolio includes specialized solutions like JParking for smart parking operations with cloud hosting services, supported by proprietary AI technologies including license plate recognition (LPR) algorithm and facial recognition terminals (Y10, Y20). The platform integrates multiple payment systems (Alipay, WeChat Pay, UnionPay, Visa, Mastercard, ETC) to enable cashless parking transactions across 100+ countries.

Differentiator

Problem solved

Functional benefit

Brands

• JParking: The flagship smart parking platform under JIESHUN offering cloud hosting services, parking space e-commerce, and digital parking operations
• SkyOpen Platform
• JLite Parking Management System
• JS FinTech

Products and services

• Parking Management System (PMS) Comprehensive AI-driven parking management solution using Jieshun's proprietary License Plate Recognition algorithm for seamless ticket-free entry/exit, automated billing, payment processing, and real-time monitoring, designed for commercial complexes, airports, office buildings, and city-level deployments.
• Parking Guidance System (PGS) Real-time parking space availability monitoring solution offered in both ultrasonic and video-based variants, designed to direct drivers to vacant spots, reduce idling time, and lower carbon emissions in large parking facilities such as airports, malls, and city centers.
• Boom Barrier Gates Intelligent boom barriers providing reliable vehicle entry/exit control with intelligent control mechanisms, high-quality engines rated for millions of operation cycles, and integration with LPR systems for unattended parking workflows.
• Pedestrian Gates (Tripod Turnstiles, Swing Gates, Speed Gates) Smooth and secure pedestrian access control gates that integrate with verification terminals (facial recognition, IC cards, QR codes) and management systems, available in tripod turnstile, swing gate, and speed gate variants for residential, commercial, and entertainment venues.
• Access Control System Security access control system preventing unauthorized access via multiple authentication modes including biometrics (facial recognition), IC cards, and passwords, paired with management software and a wide range of hardware options for offices, residences, industrial parks, and commercial sites.
• EV Chargers Electric vehicle charging solutions integrated with parking management for residential communities, commercial properties, and logistics parks, supporting combined parking-and-charging monetization workflows.
• SkyOpen Platform Unified cloud-based platform for centralized monitoring and management of parking and access control operations across multiple facilities, enabling enterprise and city-level operators to manage distributed sites from a single dashboard.
• JLite Parking Management System Streamlined parking management software solution targeted at smaller facilities needing basic parking operations and payment processing without the complexity of a full multi-site platform.
• JParking Smart Parking Platform Flagship cloud-hosted smart parking platform and Jieshun subsidiary offering parking-space e-commerce, cloud hosting services, and digital parking operations, with active users reaching 100 million by 2022 and serving 140 million users today.
• Y10 Facial Recognition Terminal (Anti-epidemic Version) Access control terminal with face-mask recognition that identifies masked wearers without removal, with anti-spoofing function distinguishing fake photos, mobile phone photos, and artificial videos, deployed during the COVID-19 pandemic.
• Y20 Facial Recognition Terminal Flagship 2024 facial recognition access control terminal introduced as part of the 'New Evolution, Redefining Excellence' product event, designed for high-traffic access control environments with liveness detection.
• AI-Powered Smart Logistics Park Solution Integrated AI-driven parking, access control, and EV-charging solution for logistics parks addressing stock-economy pressures, rising labor costs, and heavy-truck charging infrastructure demands, deployed by logistics and industrial-park operators.
• Energy Storage Solution for Industrial Parks and Parking Charging Stations Energy storage solution targeting industrial parks and parking-lot charging stations, enabling green and low-carbon business transformation for parking-and-charging operators and logistics park customers.

Quantifiable outcome

• 200% average daily revenue growth
• +3 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability11 records

Feature7 records

Partnerships

Twelve partnerships are on record, tiered core, flagship and minor.

• China Charging AlliancecoreStrategic or Co-development Partner · 1 January 2023JIESHUN became member of China Electric Vehicle Charging Infrastructure Promotion Alliance to drive integrated parking and charging solutions.
• Lenovo GroupcoreStrategic or Co-development Partner · 21 April 2019Strategic cooperation signing ceremony in Shenzhen. Joint development for IT intelligent infrastructure, data centers, BIM solutions, smart hospitals, smart parks, and smart scenic spots.
• Huizhou Traffic Investment GroupflagshipStrategic or Co-development Partner · 1 January 2019Joint establishment of 'Hui Parking' company (49% JIESHUN, 51% HTIG) for urban parking project with USD 17.76M investment.
• Shenzhen Sez Construction and Development GroupcoreStrategic or Co-development Partner · 1 January 2019Strategic cooperation for Shenzhen Special Economic Zone development.
• HuaweicoreTechnology or IntegrationGlobal partner with cooperation at Huawei Developer Conference (HDC 2025). JIESHUN showcased smart parking solutions as part of HarmonyOS ecosystem.
• Alibaba GroupcoreStrategic or Co-development PartnerLaunched online payment cooperation with Alipay in 2014. Part of global partner ecosystem.
• AlipaycoreGTM or Marketing PartnerPayment integration partner enabling mobile payment for parking services.
• WeChat PaycoreGTM or Marketing PartnerPayment integration partner enabling WeChat payment for parking services.
• Sunway Group (Malaysia)flagshipStrategic or Co-development PartnerDeployed Malaysia's first and largest unified LPR system with 10,000 parking bays at Sunway Pyramid mall.
• China United Network Communications (China Unicom)coreStrategic or Co-development PartnerStrategic cooperation with Shunyitong subsidiary to build joint big data laboratory for digital parking industry research.
• SOHO ChinacoreChannel Partner/ Reseller/ DistributorRMB 161 million contract for parking operation at six premium commercial office properties in Shanghai.
• Guangdong High-Tech Industry ChamberminorGTM or Marketing PartnerNon-profit association representing high-tech industry with 6,000+ member companies, facilitating international partnerships.

Scale indicators15 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• SKIDATA: Global leader in parking access and revenue control systems (PARCS), ski ticketing, and access management. Directly comparable to JIESHUN's barrier gate, LPR-enabled PMS and access control portfolio, with similar hardware-software-platform model serving airports, shopping malls, and municipalities worldwide.
• Hikvision: Global leader in video surveillance increasingly active in smart parking, traffic management, and AI analytics. Comparable to JIESHUN as a competing supplier of AI-powered video-based LPR, parking guidance, and integrated smart-city solutions, especially in China.
• Dahua Technology: Major Chinese AIoT video solutions provider with growing presence in smart parking and city-level AI analytics. Comparable to JIESHUN as a competitor in LPR, parking guidance, and access control across commercial and government segments in China.

Direct peers

• Scheidt & Bachmann: European-headquartered provider of parking management systems, access control, and fare collection solutions for transit and parking. Closely comparable to JIESHUN in providing integrated hardware + software systems to municipalities, airports, and commercial real estate.
• Nedap Identification Systems: Provider of license plate recognition, vehicle identification, and long-range RFID for parking and access control. Directly comparable to JIESHUN's LPR-based PMS and city parking platforms, with comparable focus on parking guidance and analytics.
• T2 Systems: North American parking management software and hardware provider serving universities, municipalities, airports, and commercial operators. Comparable to JIESHUN's PMS/SkyOpen-style centralized management platform play with integrated LPR and access devices.
• Boon Edam: Global manufacturer of pedestrian access gates (speed gates, turnstiles, revolving doors) and security entrances. Comparable to JIESHUN's Pedestrian Gates / Access Control product line serving airports, hotels, CRE, and government facilities.

Regional players

• ABCC Infracity (by ABM): ABM's parking and EV charging solutions provider in North America offering managed parking services, technology platforms, and EV infrastructure. Comparable to JIESHUN in offering combined parking management hardware, software, and operations services to commercial and municipal customers.

Emerging players

• Hangzhou Epesi-Tech (Anpris Technology): China-based provider of LPR, parking guidance, and AI vision solutions. Directly comparable to JIESHUN as a domestic competitor focused on ALPR-based parking entry/exit and city-level parking platforms in China.
• Fang'an Technology (Shenzhen): Shenzhen-headquartered company focused on intelligent parking equipment and systems, including barrier gates, LPR cameras, and parking guidance. Closely comparable regional peer to JIESHUN in the Chinese smart-parking hardware+software segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC4lyfbcVP3UMWBcZY3UeYog
• LinkedInlinkedin.com/company/jieshun

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments3 records

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

Frequently asked questions about Jieshun Technology