Yunding Network Technology (Beijing) Co., Ltd., abbreviated as Yunding Technology, was established in May 2014, committed to becoming a trusted partner for every home through technological innovation, hoping to make everyone's living safer and better with technology. The company's products mainly revolve around home intelligent security, owning two major brands, Loock.鹿客 and Yunding, targeting the home market and the apartment market respectively. For the home market, Loock.鹿客 has the Touch flagship series of smart locks: Touch, Q2 (Mi Home model), Touch2Pro; the Classic series of smart locks: Classic (Mi Home model), T1Pro; smart doorbells: Cat, CatY (Mi Home model); as well as multiple smart home security products such as Monitor (door/window sensor), Bell (doorbell), and button keys. For the apartment market, the Yunding brand offers apartment smart door locks, smart electricity meters, smart water meters, and SaaS services for apartment intelligent management based on these products. As of December 2018, the number of cooperating apartments exceeded 8,000, with over 90% of the top 200 brand apartments having deep cooperation with Yunding, and the market share in the real estate developer segment also exceeded 90%, with recognition from government public rental housing projects in many places across the country, including Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Xiongan, etc. Currently, Yunding Technology has installed more than 2 million devices in both home and apartment sectors, serving over 5 million tenants and residents. Yunding's services cover more than 260 cities nationwide, with over 3,500 installation engineers, achieving next-day installation in 46 cities, 7*24-hour customer service, and on-site service within 3 hours for after-sales issues. Yunding Technology continuously optimizes the service experience, striving to build the leading smart lock service platform. In December 2018, Yunding Technology completed a Series D financing of 600 million RMB, and since its inception, it has received investments from multiple institutions including Baidu, Xiaomi, Shunwei Capital, Lenovo Star, SIG, Qianfeng Changqing, Baidu Ventures, Fosun Group, Harvest Investment, Red Star Macalline, Shuanghu Capital, Blueprint Venture Capital, and Detong Capital. Yunding Technology has become a Xiaomi ecosystem enterprise and is also one of the first Tencent AI Accelerator enterprises. In the future, Yunding will further connect and improve the complete closed loop from production, channels, marketing to services, based on its own R&D and independent operation, and provide users with a full set of worry-free home security services based on a rich range of smart security products. Smart home is an inevitable trend in the era of mobile internet development. We are already standing at the forefront; we only wait for you. Join Yunding and together we will disrupt this world!
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