Zhi Bai Asset Profile

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Year established

2017

Location

Hangzhou Zhejiang China

Primary Industry

Consumer Products

About

Established in 2017 and based in Hangzhou, China, Zhi Bai is a smart care product developer that provides smart shavers, smart hair dryers, electric toothbrushes, etc. In 2018, the company launched the negative ion hair dryer HL312. In March 2021, Zhi Bai raised series A funding led by new investor Addor Capital. New investor Innovator Capital also participated in the round. Jinming Yu, the company's CEO, has served as the chief engineer of Joyoung Soybean Milk's Th Living Division and the chief engineer of the Western Electrical Appliances Division. As of 2023, the company has a total of 373 patents granted. The company's main businesses include its own brand ZHIBAI, ODM (design and manufacturing) business and Xiaomi OJM (joint commissioned design and manufacturing). Its main products include high-speed hair dryer series, water ion hair dryer series, hair straighteners and curling irons. In 2020, the company's operating income exceeded CNY 700 million. In the future, the company will launch electric toothbrushes, toothbrushes and other products.

Current Investors

Shunwei Capital Partners, Dingxiang Capital, Xiaomi Group

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Primary Industry

Consumer Products

Sub Industries

Beauty & Hygiene

Website

www.zhibai.com.cn

Company Stage

Series A

Total Amount Raised

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