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Liu Jiangfeng! In 2017, Mr. Liu Jiangfeng established Shenzhen Merit Technology and formed a core team! Liu Jiangfeng has deep experience in Huawei, and is considered by many to be a middle and high-level cadre with excellent ability and courage, with brilliant market performance, and later served as the president of Coolpad, and created good results in the market!
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On May 29, Merit Technology, founded by former Coolpad CEO Liu Jiangfeng, announced today the completion of a round of financing of 100 million yuan, led by Northern Light and followed by Foxconn, with a valuation of more than 700 million yuan after the completion of this round of financing.
Last year, due to the debt crisis of LeTV, Coolpad was also in a quagmire, although the then Coolpad CEO Liu Jiangfeng tried his best to save it, but Coolpad's mobile phone business is still the general trend. At the end of August 2017, Liu Jiangfeng announced his resignation. At that time, it was reported that Liu Jiangfeng would enter the smart door lock industry.
At the Cool M7 channel meeting on August 16, 2017, Liu Jiangfeng said: "The penetration rate of smart locks in China is less than five points, and the penetration rate in South Korea is 90%. In many intelligences based on traditional commodities, there are many openings that can be broken through.
For example) high-end locks are more expensive, (if) the lock and the mobile phone two industries set up an interface, to the home mobile phone to the lock leaning, cameras, fingerprints are on it, hundreds of dollars are popularized at once, these can be done. I'm going to make smart locks, and I've definitely transformed the industry. ”
In fact, before this, Liu Jiangfeng had already begun to lay out in the field of smart door locks.
According to Tianyancha data, Shenzhen Merit Technology **** was established in December 2014 with a registered capital of 10,000 yuan, which is a service platform in the field of Internet of Things. The company focuses on the field of smart door locks and security, and is committed to creating a unique smart home ecosystem in the industry through industry integration, investment and mergers and acquisitions. Headquartered in Shenzhen, the company has R&D centers in Xiamen and Xi'an, and offices in Beijing, Shanghai and Guangzhou.
Merit hopes that through its own products and technologies, it can meet people's yearning for a better life, improve the experience of high-quality home life, and truly bring artificial intelligence into thousands of households. ”
On April 9 this year, at the new product launch conference of Hammer Technology, Luo Yonghao, founder and CEO of Hammer Technology, also released three new smart locks with Merit Technology, respectively, the merit smart lock E1 is priced at 2699 yuan, C1 is priced at 1999 yuan, and C1N is 1599 yuan.
According to Liu Jiangfeng, after the completion of this round of financing, Merit Technology will continue to focus on smart home products, and will soon launch water purifier and smart toilet lid projects.
The valuation of Merit Technology is over 700 million yuan, and Liu Jiangfeng is worth more than 400 million.
According to the information of Tianyancha, shortly after the establishment of Merit Technology at the end of 2014, Foxconn's Fuzhikang Precision Components (Beijing) **** invested in Merit Technology.
In November 2017, Hubei Meihua Shengshi Equity Investment Partnership (Limited Partnership) also invested in Merit Technology.
In March 2018, natural persons Huang Feiyan and Merit No. 1 (Shenzhen) Technology Partnership (Limited Partnership) (which should be a company established for internal equity incentives) began to appear among the shareholders of Merit Technology.
On May 14, 2018, natural person Su Jing, Chongqing Jichuang Yuyuan Equity Investment ** Partnership (Limited Partnership), and Jiaxing Zizhi No. 1 Equity Investment ** Partnership (Limited Partnership) all appeared in the list of shareholders of Merit Technology. and Chongqing Jichuang Yuyuan equity investment.
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The advantage of technology lies in the fact that it has been integrated from R&D to production, to sales and finally to after-sales.
The core hard power of Merit Technology is different from other Z Neng lock brands comes from Huawei and other technology companies, the team that has mastered the forward-looking technology of communication giants, and also gathered a group of employees with many years of experience in the production and development of household products.
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