October 12 news, the domestic head smart door lock brand Kaadas has signed a listing counseling agreement with IFC in September 2022, to be listed on the A-share.

 

 

 

 

Previously, Cadiz has completed two consecutive rounds of financing.

 

 

Founded in 2009, Cadiz has been engaged in the lock industry since 1986, having sold 20 million sets of mechanical locks at its peak in 2004, and has been engaged in the research of products in the field of smart locks and smart security since 2007.

 

 

So far, Cadiz has created K9, K20 and other popular products, and the end product unit price covers the price range of 1000 to 3500 yuan. Up to now, Cadiz has more than 3,000 stores and tens of thousands of terminal outlets, and Jingdong flagship store has more than 3.62 million concerns.

 

 

In addition to offline channels and online e-commerce platforms, Cadiz has also reached strategic cooperation with Vanke, Zhonghai, Beyoncé, China Resources Land, Jinke, Fuli, Luneng, Sunac and other famous real estate developers. Meanwhile, in overseas markets such as Southeast Asia, Middle East and North America, Cadiz has reached strategic cooperation with more than 10 international enterprises.

 

 

According to the data revealed by Cadiz, its revenue in 2020 is close to 1 billion yuan, and the revenue plan for 2021 is 2 billion yuan.

 

Translated with www.DeepL.com/Translator (free version)