CassTime

CassTime runs a B2B parts marketplace, the "No.1 Workshop" SaaS system for repair shops, and logistics and supply chain finance services. Its customers are auto repair shops and parts suppliers/distributors. It earns transaction fees, SaaS subscription fees and supply-chain-finance interest. As of Dec 2025 it had over 375,000 registered shops in 329 cities and more than 48M parts SKUs. It closed a Series D in Sept 2023, and filed for a Hong Kong IPO on April 2, 2026, with CICC as sole sponsor.