Guokai Capital has partnered with Xiamen Wolian Technology to consolidate the fragmented air purification industry in China, aiming to enhance market competitiveness and drive technological advancements.

Target Company Overview

Xiamen Wolian Technology Co., Ltd. is a leading enterprise in the air purification sector in Fujian, also classified as a high-tech company based in Xiamen. Established in May 2011, the company focuses on developing high-end intelligent air purification products, applying Internet of Things (IoT) technology, and building artificial intelligence systems. With a vision of "making life better and breathing healthier," Wolian aims to construct a comprehensive cloud service platform for the air purification sector, ensuring that individuals can breathe clean air in various settings such as homes, offices, and recreation areas.

Industry Overview in China

The air purification industry in China is characterized by a fragmented market, lacking a cohesive group of competitively strong enterprises. This disparity has led to a pressing need for industry consolidation that prioritizes effective competition and resource allocation. As environmental pollution becomes a growing concern, the demand for advanced air purification solutions continues to rise across the nation.

Despite the current disorganization, this industry offers significant growth potential. There has been an increasing trend in consumer expectations for air quality, prompting both residential and commercial sec