Yunding Technology completed the D round of financing in December 2018, with a financing amount of 600 million yuan. Since its inception, it has received investment from Baidu, Xiaomi, Shunwei Capital, Lenovo Star, SIG, Xianfeng Evergreen, Baidu Venture Capital, Fosun Group, Harvest Investment, Red Star Macalline, Shuanghu Capital, Blueprint Venture Capital, Detong Capital and other institutions, and has become one of the fast-growing enterprises in Xiaomi’s ecological chain. Yunding Technology signed an agreement with the ZigBee Alliance in January 2019, joined the ZigBee Alliance and became a member of the participants, and conducted in-depth cooperation and exploration in the security of smart door locks. So what are the advantages of Genting smart lock? Let’s introduce it below.
Introduction of Yunding Smart Lock
Founded in May 2014, Yunding Technology is an innovative technology enterprise focusing on smart home. Focus on creating smart home security products with international cutting-edge design and experience, so that everyone and every family can enjoy the sense of security created by technology.
In May 2015, Yunding Company launched the "Yunding Safety Door Lock Series" at the first CES Asia Exhibition, which is a safety door lock that can be opened by mobile phones, and is sought after by manufacturers, users and Chinese and foreign media. In the same year, "Yunding Apartment Door Lock Series" was launched, which is currently a smart door lock with a high market share in domestic apartments.
Yunding technology products mainly focus on home intelligence and safety, and it owns two brands, Loock. Luke and Yunding, which are aimed at home market and apartment market respectively.
Yunding brand, which is aimed at the apartment market, has products such as intelligent door locks, smart meters, smart water meters, and SaaS services based on this intelligent management of apartments. As of December 2018, there were more than 8,000 cooperative apartments, over 90% of the brand apartments of Top200 had deep cooperation with Yunding, and the market share of real estate developers exceeded 90%, which was recognized by many government public rental housing projects in China, including Beishangguangshen, Hangzhou and Xiong ‘an.
At present, Yunding Technology has more than 2 million sets of equipment installed at home and apartment, serving more than 5 million tenants and households. Yunding service covers 260+ cities across the country, with 3500+ people in the installation project, 46 cities realize the next-day installation, 7*24 hours customer service, and after-sales problems come to the door within 3 hours. Yunding Technology continuously optimizes its service experience and is committed to building a leading intelligent door lock service platform in China.
What are the advantages of Yunding Smart Lock?
Bin Chen, the founder of Yunding Technology, as the head enterprise in the smart lock industry, said: "For users of smart locks, security is the most basic and important concern. Yunding Technology always takes the mission of’ making living safer’, focusing on providing users with safer protection, and at the same time making due contributions to the healthy development of the industry. " With the active participation of Yunding Technology and many other units, the National Intellectual Standards Committee finally compiled and issued the safety guidelines for smart door locks.
Yunding smart lock has been upgraded in many dimensions in terms of product safety, intelligence and quality. In terms of security, according to the Safety Guidelines for Intelligent Door Locks, the multi-dimensional living fingerprint identification module is adopted first, and multi-dimensional biometric signals such as fingerprints, skin and blood are extracted through optical detection technology and semiconductor capacitance fingerprint identification technology, so as to verify the user’s fingerprint information and enhance the living fingerprint identification. Compared with the existing products, the security and convenience have been improved qualitatively. For groups with poor fingerprint identification, the enhanced living fingerprint identification will increase the user’s fingerprint identification rate by 20%.
Yunding smart lock has been authorized by Alibaba Cloud "ID INSIDE", and the financial security chip is encrypted to increase product safety.
The above is the relevant content about the advantages of Yunding Smart Lock. Yunding Smart Lock is currently the first enterprise in the smart lock industry to obtain D round financing, with a financing amount of 600 million yuan, which is also the largest financing in the smart lock industry at present. Founder Bin Chen said: "The goal of Yunding Technology is to reach 25% of the total market within three years, that is to say, after three years, the company’s annual income will exceed 10 billion yuan."