In 2021, only three months after the beginning of the year, many smart home and smart security companies have already been listed or are preparing to go public, indicating that the smart home industry after years of development will finally "every cloud has a silver lining", and the leading companies have begun to seize capital, take the lead in the market and maintain its leading position.

Hikvision intends to split EZVIZ Science and Technology Innovation Board for listing

On January 8, Hangzhou Hikvision Digital Technology Co. , Ltd. released the Plan to spin off its subsidiary Hangzhou EZVIZ Network Co. , Ltd. and List it on the Science and Technology Innovation Board, after the company intends to change the EZVIZ network as a whole into a company limited by shares, spin-off to science and Innovation Board listing. Upon completion of this spin-off, Hikvision will maintain its controlling interest in the fluorite network.

EZVIZ' s main business is to provide smart home and other related industries with open cloud services for managing IoT devices, as well as the design, research and development, production and sales.

As of the end of September 2020, there are about 95 million IoT access devices on the EZVIZ IoT cloud platform, with more than 67 million registered users on the platform, and more than 11 million daily active users.

In 2017, 2018, 2019 and the first three quarters of 2020, EZVIZ's operating income was 1.026 billion yuan, 1.515 billion yuan, 2.426 billion yuan, and 2.049 billion yuan; net profits were 37 million yuan, 119 million yuan, and 2.60 billion yuan, respectively. 100 million yuan and 273 million yuan.

On February 27, Hikvision released a performance report and indicated to the media that it would further disclose the progress of the listing of EZVIZ Networks.

WONLY SECURITY landed on the A-Share main board market

On February 24, Wonly Security Technology Co., Ltd. was officially listed on the A-share main board of the Shanghai Stock Exchange and successfully landed on the stage of the capital market, known as the "first share of door locks in China".

According to the data, Wonly Security Technology Co., Ltd. was founded in 1996 and has a development history of 25 years. It focuses on the R&D, production and sales of door lock products, and is the leading brand in the door lock industry in China.

The use of funds raised from the listing will be carried out on the main business, including "newly increased annual production of 360,000 sets of IoT smart home production base construction project" and "replenishing working capital".

Tuya Smart applied for listing in the U.S.

On February 27th, according to a document from the US Securities and Exchange Commission, Tuya Smart Company applied for listing in the US and plans to land on the New York Stock Exchange. It plans to raise approximately US$100 million in funds. Morgan Stanley, Bank of America Securities and CICC will serve as the main underwriter of this issuance, which is expected to become "the first share of the global IoT cloud platform."

Tuya provides a complete set of IoT cloud platforms, including IoT PaaS, smart device distribution, SaaS and other services to provide smart solutions for enterprises and devices. Through the Tuya Smart Platform, developers can activate the IoT ecosystem composed of brands, original equipment manufacturers, partners, and end users.

In addition, Midea is also planning to spin off its smart home subsidiary, Meizhi Optoelectronics, to go public independently. OrRVIBO has also entered the listing guidance period in July last year.

It can be seen that smart home companies have ushered in a period of concentrated listing, and traditional home appliance companies have also taken the smart express train for transformation.

Many companies got together to go public in last year

Affected by the epidemic, in the first half of 2020, the transaction volume of smart models under the category of Tmall kitchen appliances alone increased by more than 34% year-on-year. The consumption boom of “home out” also ushered in a wave of listings for related companies.

On November 12, 2020, Xiamen DNAKE Intelligent Technology Co., Ltd. was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange.

On December 3, Entive Intelligent, an integrated stove brand, officially listed on the Shenzhen Stock Exchange's Second-board Market.

On December 23, Haier Smart Home Co., Ltd. listed its H shares on the main board of the Hong Kong, China Stock Exchange, becoming the first company to be listed in Shanghai, Hong Kong, China and Frankfurt, building an "A+D+H" global capital market layout.

Embracing intelligence has become the consensus of the whole industry

Behind the enthusiasm of capital, on the one hand, the development of the smart home industry has gradually matured; and on the other hand, the consumption power of smart products, which is spurred by the housing economy, has increased.

According to the 2016-2020 China Smart Manufacturing Industry Deep Survey and Investment Prospect Forecast Report, most Chinese companies are in the R&D stage, and only 16% of the companies have entered the smart manufacturing application stage. The level of smart manufacturing is low, but this also means follow-up great development potential.

With the development of technologies such as 5G, IoT, and artificial intelligence, the traditional home appliance industry is currently facing new opportunities for upgrading, and the whole-house smart scene operation is becoming a new driving force for the development of the home appliance industry.

Zhou Yinglang, senior operation expert of Tmall Elf IoT, said: "Embracing intelligence has become the consensus of the entire industry."

He said that most of the intelligent solutions tried in the home appliance industry were limited to offline voice mode, or only supported App connection control, and the interaction method was relatively simple. Now, the method of built-in chip module is generally adopted, which makes traditional home appliance products have " "soul", not only improves the user experience, but also greatly increases the capacity of intelligent services that can be carried.

According to the Foresight Industry Research Institute, the scale of China's smart home market will reach 436.9 billion yuan in 2021, and the industry has huge room for development. As the world’s second largest smart home market, Chinese consumers have always maintained a strong consumer demand for smart devices. The wave of listings of smart home companies in the past two years just shows that this industry has won the favor of the capital market or will usher in a larger-scale outbreak.