DaSouChe Holdings, a Chinese company that builds AI-powered software for used-car dealers, has laid out the terms for a US initial public offering targeting roughly $51 million. The company plans to list on Nasdaq under the ticker DSC, with Deutsche Bank, CICC, CR Global Markets, and ICBC International lined up as underwriters.
DSC Holdings is attempting this move after its revenue dropped nearly 29% in 2025.
What DSC Holdings actually does
The company operates as a digital infrastructure provider for China’s used-car dealer ecosystem, offering AI-driven tools to help dealers manage inventory, pricing, and transactions.
DSC Holdings filed its F-1 registration statement with the SEC on May 26, 2026, formally kicking off the process to sell American Depositary Shares to US investors.
