Beijing King Smith Technology Co. Ltd.
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Beijing King Smith Technology Co. Ltd. - overview
Established
2015
Location
Beijing, Beijing, China
Primary Industry
Consumer Products
About
Founded in 2015 and based in Beijing, China, Beijing King Smith Technology Co. , Ltd. designs and manufactures fitness equipment for home use. The company was founded by Zhifeng Jing, who serves as Chief Executive Officer.
Since its establishment, the firm has focused on developing functional and space-efficient exercise equipment. As of March 2021, King Smith completed eight funding rounds, with the latest venture round in March 2021 from Shenzhen Qianhai Junchuan Investment Management. The company offers a range of home fitness products, including foldable treadmills, exercise bikes, rowing machines, and strength training equipment. Its key product lines include the WalkingPad® series and the WM10 Tri-fold Water Rowing Machine.
The company’s equipment is designed to accommodate a variety of home fitness routines and user preferences. The company generates revenue primarily through the direct sale of fitness equipment via its official website and retail partnerships. It operates a direct-to-consumer sales model, with customers purchasing equipment outright and optional extended warranty services available. Beijing King Smith Technology Co.
, Ltd. plans to introduce new home fitness products and expand its international presence, targeting markets in Southeast Asia and South America.
Current Investors
Shunwei Capital, Jinxing Venture, Walden Catalyst
Primary Industry
Consumer Products
Sub Industries
Recreational Hobbies & Sporting Goods
Website
www.kingsmith.com
Verticals
Manufacturing, Mobile Apps
Company Stage
Series F
Total Amount Raised
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Beijing King Smith Technology Co. Ltd. - financials
| Fiscal Year Ended | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Beijing King Smith Technology Co. Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Beijing King Smith Technology Co. Ltd. | - | ||||||||
| Series F | Completed | Beijing King Smith Technology Co. Ltd. | - | ||||||||
| Series E | Completed | Beijing King Smith Technology Co. Ltd. | - | ||||||||
| Unspecified Round | Completed | Beijing King Smith Technology Co. Ltd. | - | ||||||||
| Series B | Completed | Beijing King Smith Technology Co. Ltd. | - |
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