ZWCapital, Chenyi Fund, and Tencent Acquire Huacheng Network
1 day ago / Read about 0 minute
Author:小编   

ZWCapital, in collaboration with Chenyi Fund and Tencent, has successfully completed the acquisition of Hangzhou Huacheng Network Technology Co., Ltd., known by its brand name "IMOU Lecheng." This holding subsidiary of Dahua Technology has firmly established itself in the smart home sector, offering four core product lines encompassing security, interconnectivity, robotics, and lighting. With a global reach spanning over 100 countries, Lecheng serves more than 45 million users worldwide. Notably, in the first quarter of 2025, the company's overseas shipments accounted for an impressive 77.1% of its total shipments. ZWCapital has pledged its full support to accelerate Lecheng's expansion in the global market, thereby enhancing the international standing of Chinese technology brands.