The leasing service company providing housing leasing and property management services: Ziroom

Beijing Ziroom Information Technology Co., Ltd., established in 2011, Headquartered in China Beijing is a leasing service company that provides housing leasing and property management services.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

Ziroom Encyclopedia of American Stock Market

Freedom is a technology company that provides high-quality residential products and services. As an O2O Internet brand providing rental products and services, Ziyou owns rental products including Ziyou Friendly Home, Ziyou Whole Rental, Owner Direct Rental, Ziyou Luxury House, Ziyou Apartment, Ziyou Posthouse, Ziyou Z-SPACE, and other rental products. At the same time, it also provides the community with cleaning, moving, maintenance, high-quality e-commerce and other life service products, with a cumulative service order of more than 30 million. All houses are designed, decorated, equipped with household appliances and household appliances. Ziyou also provides many services including cleaning, home repair, moving and Ziyou premium products. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

Since its operation in 2011, Zijin has now realized O2O closed loop of rental, service and community through PC, APP and WeChat, eliminating all the intermediate redundant links of the traditional rental model, reconstructing the residential market pattern through O2O model, and establishing the largest O2O youth residential community in China. Since its establishment in October 2011, Zizong has provided services for nearly 500000 owners and 3 million Zizong customers, and managed more than 1 million houses. As of March 2021, Freedom has opened 10 major cities including Beijing, Shanghai, Shenzhen, Hangzhou, Nanjing, Guangzhou, Chengdu, Tianjin, Wuhan and Suzhou. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

According to the data, the free brand belongs to Beijing Free Asset Management Co., Ltd. (free asset management), which is a quality rental website under Linkhome. On May 10, 2016, Free Asset Management successfully became an independent operating subsidiary of Linkhome Group, and the actual controller was Zuo Hui, who held 94.6% of the shares. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

Ziroom concept marketing: The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

• Deep breathing room source : The Deep Breathing 2.0 project is under development and has passed 7 functional spaces, 23 experimental tests, 49 material tests and 56 pieces furniture /707 home inspection points have drawn the air curves of home and wall. On the basis of big data, 59 enterprise standards have been formed, including construction standards, configuration standards, furniture standards, main material labeling, air health standards, etc. China Quality Certification Center and Freedom have reached a strategic cooperation, starting with the quality standardization of long-term rental apartments, and will conduct in-depth research and practice in product design, technical requirements, quality supervision and other fields. Take a deep breath of the real estate online: Beijing, Shanghai, Shenzhen, Hangzhou, Nanjing, Guangzhou, Chengdu, Tianjin, Wuhan.
• Haiyan Plan In 2013, we launched the Haiyan Plan for graduates, which is a pain point in housing renting. Fresh graduates enjoy "monthly payment and zero deposit". As of 2019, more than 600000 fresh graduates have chosen the "Haiyan Plan" freely. On the one hand, the policy of monthly payment and zero deposit, which is the first to be launched, will reduce one month's rent from three times to one month's rent. On the other hand, we are free to focus on quality housing, what you see is what you get, and we can move in immediately if the equipment is complete. We will also provide butler service, biweekly cleaning, free maintenance and other services during the subsequent lease period.
• Warm Winter Plan In 2016, we launched the "Warm Winter Plan" to check 13590 free friends' homes and free rented houses that use wall hung stoves for independent heating. At the same time, we also wrote 10 commonly used wall hung stoves in the market, edited them into online documents, and sent them to free customers. In addition, during the heating commissioning period, we will freely provide 7 * 24 hours of service for one month to ensure that the tenants can get timely repair and treatment in case of heating problems and ensure normal living.

Ziroom financing encyclopedia

• On January 16, 2018, it freely announced that it had obtained a round A financing of 4 billion yuan, which was funded by Warburg Pincus Sequoia Capital 、 Tencent Three institutions led the investment, including Huaxing New Economic Fund, Rongchuang China, Pan Atlantic Investment, source code capital, strait assets and New Hope.
• On June 16, 2019, we freely completed the round B financing of 500 million US dollars General Atlantic Leading investment, Tencent Sequoia Capital , Tiantu Capital co investment.
• March 5, 2020, freely available Softbank Vision Fund's exclusive private equity investment of $500 million and SoftBank Vision Fund's simultaneous investment of $500 million in secondary market funds.

Ziroom History Encyclopedia

• On May 21, 2013, Ease launched the "Haiyan Plan", a housing assistance plan named after employees for the first time. The preferential policy of "monthly payment of 0 deposit" has started to provide graduates with preferential housing rental.
• On February 7, 2014, the first public welfare project of Freedom was officially launched. From February 7 to March 31, for every new free guest, Freedom donated 10 yuan to the public welfare fund, and together with 100000 free guests, Freedom added to the five public welfare dreams of "One Foundation", "Loving Wardrobe", "Alashan", "Chain Home Loving Library", and "Free Cleaning Children's Scholarship".
• On July 5, 2014, the monthly rent product of Ziyou Family was officially launched, which is more flexible than long-term rent hotel More affordable, in the traditional real estate A new rental mode has been opened up in the industry.
• On January 15, 2015, Zigzag Shanghai Station officially set sail.
• April 15, 2015, holding hands freely JD.COM , launch the exclusive installment product - Free White Stripe.
• On July 1, 2015, Shenzhen became a brand new operation.
• On July 7, 2015, the first phase of "rent offset payment" was launched for free customers from renting to buying a house with Vanke.
• On December 30, 2015, the number of free friends' rooms reached 200000, and the number of free customers reached 400000.
• On March 10, 2016, there were 500000 free passengers.
• In May 2016, the O2O long-term rental apartment brand of Lianjia, Ziyou Home, announced its independence and established Beijing Ziyou Life Asset Management Co., Ltd.
• On June 2, 2016, the 2016 new product launch conference was held freely, releasing a series of products such as Youjia 4.0, Free Whole Rent, Free Posthouse, Free Home Accommodation, and Free Premium.
• On September 15, 2016, the latest business data of Freedom showed that it managed 250000 rooms freely, accumulated more than 600000 free customers, and served more than 100000 owners.
• In December 2016, the number of houses managed freely exceeded 350000, with 800000 tenants in total.
• April 6, 2017, we entered Hangzhou, the fourth city and the "new first tier city".
• On June 1, 2017, the total number of free passengers exceeded 850000.
• On June 16, 2017, we freely entered the fifth city, Nanjing, the "new first tier city".
• On August 20, 2017, the accumulated number of houses exceeded 1 million, and the accumulated number of houses was 400000; Cooperative hutongs open freely.
• In October 2018, Beijing, Shanghai, Shenzhen, Hangzhou, Nanjing, Chengdu, Wuhan, Guangzhou and Tianjin were opened to the public.
• On June 30, 2019, we provided services to nearly 3 million free customers and 450000 owners.
• On August 8, 2019, the number of free houses exceeded 1 million.
• As of March 2021, Freedom has opened 10 major cities including Beijing, Shanghai, Shenzhen, Hangzhou, Nanjing, Guangzhou, Chengdu, Tianjin, Wuhan and Suzhou.

Ziroom News/Negative News:

1. Concealed Stealth Shooting The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

On the morning of October 15, 2018, an article entitled "Stealing Camera in Free Room" caused a heated debate on the Internet. The party suspected that a pinhole camera was installed. After reporting the case, the police confirmed that there was indeed a camera hidden behind the socket. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

2. Illegal partition The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

In November 2019, the Beijing Business Daily reported that the Internet long-term rental apartment operator, Ease, which publicly promised "no partition", is still renting a large number of partitions. After one of the houses was reported to be demolished, Ziyou also made a mistake in providing transitional housing, which led to the dilemma that the tenant had no choice but to sleep in the car. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

3. Excessive formaldehyde The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/ziroom.html

On December 12, 2017, on the CCTV network, the Beijing News published an article reporting that the "Freedom" housing rental platform of Beijing Lianjia Real Estate Brokerage Co., Ltd. leased to residents, because the decoration ventilation period was too short, the material quality and other reasons, formaldehyde seriously exceeded the standard, causing many tenants to have obvious symptoms.

On August 31, 2018, an article titled "Ali P7 Staff Rented a Free Formaldehyde Room Before Their Death from Leukemia" was popular on the Internet, which aroused the attention of the society to the safety of free decoration. On September 1, 2018, an employee surnamed Wu from Ali launched a monitoring activity of "free formaldehyde measurement exceeding the standard" on his microblog, and another employee from Ali reported that the formaldehyde in the free rental house he rented was "not up to the standard".

4. Government interview

On August 17, 2018, it was reported on People's Daily Online that Beijing Municipal Commission of Housing and Urban Rural Development, in conjunction with the Beijing Banking Regulatory Bureau, the Beijing Municipal Finance Bureau, the Beijing Municipal Taxation Bureau and other departments, had an interview with the principals of major housing rental enterprises.

On August 22, 2018, the Beijing Municipal Commission of Housing and Urban Rural Development reported that 23 illegal intermediaries were investigated and dealt with, and many other institutions were listed freely. On the 23rd, he freely responded that he fully accepted the investigation results of Beijing regulatory authorities and resolutely rectified.

5. Rent increase

From December 1, 2018, the restrictions of no price increase and no more than 5% of contract renewal increase will be lifted. In order to maintain a reasonable price increase, the maximum increase of contract renewal price given by the system is 10%. In the future, the average increase of renewal price in nine cities nationwide, including Beijing, will not exceed 5%.

In February 2020, it was reported by Xinhuanet that a Beijing tenant reported that his house could not be replaced after it expired on February 21 because of the epidemic, and the original price was 2360 yuan. The carefree housekeeper told him that it would cost 330 yuan more to renew the lease for one year, an increase of 13%. It is reported that the notice of rent increase is not an exception. Many free platform tenants in Beijing, Shanghai, Chengdu and other places have complained about it.

The response from the free side said that the price increases were mostly caused by long-term rent exchange, and the rent price changes were only for individual tenants. At the same time, in order to solve the problem of tenants renting, Zijin also took the lead in February to provide some convenient measures for users who changed from long term rent to short term rent, including short term rent preference, no liability rent refund, service fee reduction, etc.

Ziroom's US equity investment

Unlisted company , waiting freely Ziroom IPO Listing.