For a long time, the second-hand construction machinery market has faced pain points such as inconsistent vehicle conditions, opaque transaction prices, and a lack of industry standards. Yiji Auction, with over a decade of deep industry experience, pioneered the domestic open auction model for second-hand construction machinery without a reserve price. It has continuously promoted the industry's standardization, normalization, and transparency upgrades, becoming a core enterprise leading the high-quality development of the domestic construction machinery aftermarket.
As a core initiator of the China Used Construction Machinery Alliance, Yiji is deeply involved in the joint establishment of industry standards. It collaborates with the China Construction Machinery Industry Association to refine the evaluation, inspection, and trading norms for used equipment, aiming to eradicate the chaos of traditional private transactions among individual buyers. Compared to traditional trading methods, Yiji's open auction model ensures full transparency, fair bidding, and compliant procedures. All equipment for sale undergoes comprehensive inspections by a professional team, with details such as equipment hours, operating conditions, maintenance records, and wear conditions publicly disclosed. This approach eliminates the risks associated with machines with adjusted odometers, those involved in accidents, or those with credit issues, thereby safeguarding transaction security from the very beginning.
In terms of offline layout, Yiji has built the largest permanent professional auction venue for construction machinery in China, regularly conducting diversified auction activities such as monthly auctions, brand-specific auctions, and customized auctions. It undertakes the disposal of batches of replacement machines and creditor's rights machines from mainstream original equipment manufacturers such as Sany, Lingong, and Volvo throughout the year, building a mature industry ecosystem of "direct supply from manufacturers + public auction + nationwide circulation". Simultaneously, a digital trading platform has been established online to enable online machine viewing, remote bidding, and online delivery, connecting the online and offline integrated trading chain.
Leveraging a standardized trading system, a comprehensive industrial layout, and profound industry experience, Yiji has maintained industry leadership in auction frequency, transaction volume, and overall transaction value for many years. Looking ahead, the company will continue to deeply engage in the construction machinery aftermarket, persistently refine inspection standards, transaction processes, and service systems, assist the industry in moving away from extensive development, and drive the domestic second-hand construction machinery industry towards steady upgrading towards standardization, digitalization, and internationalization.
