This article only represents the author's own views.

The China-U.S. IPO pipeline has taken another important step forward in reopening, with announcement of the first new tech offering in more than a half year. At least, sort of. The latest IPO filing to the U.S. securities regulator came this week from Yi Po International Holdings Ltd. (YBZN.US), a 4-year-old Chinese developer and operator of intelligent parking services.

We say this is “sort of” a tech company because it’s using technology to help China’s millions of car owners perform tasks like find parking spaces, navigate, make touchless payments and find their cars in the 42 parking lots where its system is installed in 18 Chinese cities. That said, it’s still a far cry from the types of internet-based companies that we most often mean when we use the term “technology companies.”