Wei De Engineering Plastics Co., Ltd
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Wei De Engineering Plastics Co., Ltd - overview
Location
Dongguan, Guangdong, China
Primary Industry
Materials
About
Wei De Engineering Plastics Co. , Ltd is a manufacturer specializing in electronic products, focusing on innovative consumer electronics and smart home devices designed to enhance user convenience and efficiency. Founded in Dongguan, China, Wei De Engineering Plastics Co. , Ltd specializes in producing high-quality electronic products.
The company raised CNY 10 million from Junsan Capital in November 2014, marking its latest investment round. There have been no noted pivots or changes in business strategy. Weide123 specializes in a range of high-quality electronic products, focusing on innovative consumer electronics and smart home devices. Their core offerings include advanced wearable technology, smart appliances, and integrated home automation systems that enhance user convenience.
These products cater to tech-savvy consumers, households seeking automation solutions, and retail partners across North America and Europe. Weide123 generates revenue through a direct-to-consumer model and partnerships with select retailers. Their sales strategy includes subscription services for certain smart home technologies, allowing customers to receive ongoing software updates. The flagship products, recognized for their innovative design, form the backbone of their revenue stream with pricing plans aimed at both consumers and business partners.
Wei De Engineering Plastics Co. , Ltd plans to expand its product line by launching new smart home devices in 2025. The company intends to enter the Asian market, particularly targeting Japan and South Korea by 2026. Recent funding of CNY 10 million from Junsan Capital will support these initiatives, facilitating the development of new products and market entry strategies.
Current Investors
Junsan Capital
Primary Industry
Materials
Sub Industries
Rubber & Plastics
Website
www.weide123.com
Company Stage
Early Stage
Total Amount Raised
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