First, Wang Li's safe market value can reach 50 billion.
The issuer's main business is R&D, which designs, produces and sells products such as security doors and locks such as mechanical locks and smart locks. The company takes lock research and development as the core, supported by mature anti-theft door research and development and production system, and provides high-quality door and lock products to the market. Is a lock enterprise integrating scientific research, design, development, manufacturing, sales and service. The company has advanced production line and perfect marketing service system of door lock industry in China, and has established good strategic cooperative relations with well-known domestic real estate enterprises such as Shimao, Evergrande, Sunac, Greentown and Rong Sheng.
Second, the security door industry
In China, the security door industry is still in a stable development period. From the demand side and the supply side, the security door industry has entered a period of stable development. Due to the existence of brand barriers, technical barriers, sales channel barriers and scale barriers, there are fewer new entrants to the industry. At the same time, with the intensification of market competition and the improvement of customers' requirements for brand quality, market concentration will gradually increase, and enterprises with brand, technology, sales channels and scale advantages will gradually release their advantages.
To sum up, the company's main business is R&D, manufacturing, sales and service of mechanical anti-theft locks, smart locks and other anti-theft doors, wooden doors and locks, and has successively developed high-end smart home products unique to companies such as robot anti-theft doors, non-inductive visual anti-theft smart locks, and Love Harbor Home. The products are equipped with rich practical functions by using technologies such as 5G, big data cloud and edge computing.