According to the China Construction Machinery Information Network, due to the imperfect credit system in the leasing and sales market of construction vehicles in China, incidents of rent arrears, rent fraud, and post purchase debt have occurred, forcing construction vehicle rental and sales units to install GPS satellite positioning systems on construction vehicles to strengthen the management of leased assets. This is a measure taken in response to the current poor credit environment, which undoubtedly adds a certain insurance factor to the credit of the engineering vehicle leasing and sales market.

　　Firstly, the leased equipment is equipped with GPS, and normal measures can be taken to handle general non malicious economic disputes. Having this system has a deterrent effect on general moral hazard. But installing this system should start more from product sales and management, consider value-added services, and consider product adaptation to the capital and capital markets, which is the fundamental. At present, some companies use mobile phone positioning functions instead of GPS, but clearly view it as a positioning tool, which is inaccurate.

　　GPS has four characteristic functions - telemetry, remote control, remote signaling, and shake adjustment. Based on this, numerous functions have been developed that have significant help and improvement for sales, financing, and management.

　　Telemetry mainly measures the physical location of the object, the working status of the measuring equipment, and the workload of the measuring equipment. The purpose is to see in which regions our equipment has a market, whether their working status is normal, and the measurement and control data of working fuel consumption and time, in order to understand the true working status of the equipment. At the same time, it provides a scientific basis for the supervision of personnel operating engineering vehicles.

　　Remote control mainly supervises and controls engineering vehicles. Control the credit driving and intelligent parking of engineering vehicles; Control the misoperation of objects; When the lessee or loan buyer's credit is insufficient, the construction vehicle refuses to drive; When engineering vehicles run out of credit during use, they can be effectively parked and retrieved at the appropriate time and place without affecting social order and legal standards.

　　Remote communication mainly refers to instant communication between the owner of construction vehicles and the operator of construction vehicles. On the one hand, communication can be used to understand the working status, operation status, and maintenance guidance of engineering vehicles. You can also learn about the location of engineering vehicles, as well as the geographical situation of the area where the vehicles are located, and the engineering information of nearby areas at any time online, to understand the usage requirements of surrounding engineering vehicles and the applicability of the working environment. If necessary, the audio and video signals on site can be transmitted to management personnel. Software upgrades can also be made to the control system of the equipment through the communication system to improve the mechanical performance of engineering vehicles.

　　Remote adjustment mainly involves professional adjustments to the working status of engineering vehicles. The purpose is to make engineering vehicles more suitable for the environment of the construction site. The more factors that can be adjusted for construction vehicles, the more factors that the construction vehicle operator relies on the owner of the construction vehicle, and the less credit risk the owner of the construction vehicle bears. For example, if the operator, lessee, or loan buyer of a construction vehicle has credit issues, they can adjust and reduce the functionality or production capacity of the construction vehicle to alert the operator, lessee, or loan buyer of the need to strictly abide by their contractual commitments.

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