In China, intelligence agencies trace their chain of command back to the geographical province. This would be like as if each main FBI office in each of the 50 states ran their own small CIA. Their are historical reasons for this set up, and it is somewhat odd / difficult for Americans to understand as nothing like this exists in country.

The “mini-CIA’s” of China are to name a few:

  • Chinese Ministry of State Security’s Tianjin State Security Bureau
  • Chinese Ministry of State Security’s Beijing State Security Bureau
  • Chinese Ministry of State Security’s Shanghai State Security Bureau

Previous direct quotes from Wyze leadership have said that they rely on the “Tianjin Hualai Technology Corporation” for all of their manufacturing and some of their software development. Hundreds of references are made to Tianjin Hualai in Wyze source code. Simply googling will also show this.

Tianjin Hualai is in the city of Tianjin and sits approximately 4 miles away from the Chinese Ministry of State Tianjin Security Bureau.

This organization (the Tianjin Security Bureau) has been documented as engaged in very malicious hacking activities and running a number of Advanced Persistent Threat groups such as APT 10. See this Justice Department indictment here:

The Big 4 accounting firm PriceWaterHouseCoopers has noted this:

Also Recorded Future:

A previous blog has demonstrated this as well:

The FBI notes that the Tianjin Bureau works through local companies to achieve its goal. The PWC report as well emphasizes also that the Tianjin Bureau works through local companies to achieve its goals. Both the RecordedFuture report and Intrusion Truth note this point as well.

Additionally Tianjin Hualai we know from the below article has extensive, documented links to the Tianjin government. These links are significant and involve hundreds of millions of dollars. Tianjin Hualai had its loans guaranteed by the province after the banks refused to provide financing. Tianjin Hualai has been injected with capital at multiple rounds by the Tianjin government.

Section 2 - Tianjin PR Release

Translated:

In recent years, under the guidance of the city's new development concept, the Municipal Industry and Information Technology Bureau has always insisted on making room for high-quality development, focusing on the cultivation of emerging industries and the promotion of traditional industries, and taking the construction of a national advanced manufacturing research and development base as the direction of unremitting efforts. . Aiming at this goal, the Municipal Industry and Information Technology Bureau has thoroughly implemented the three-year action plan for the new generation of artificial intelligence, biomedicine, new energy, and new materials industries and the implementation rules of the "Ten Articles on Intelligent Manufacturing", vigorously promote the development of the intelligent manufacturing industry, 

The Enterprise Credit Guarantee Center (hereinafter referred to as the "Municipal Guarantee Center") promotes the docking of intelligent technology enterprises with investment and financing as a medium, and strives for funds for the development of intelligent technology-based small and medium-sized enterprises to "build, promote transformation, and seek development." A number of smart manufacturing “star” companies in the city have also released their industrial potential and entered the new stage of “promotion” of high-quality development in the help of docking financial services with the municipal guarantee center. "Difficult financing, expensive financing" has always been the biggest bottleneck and obstacle that plagued the development of small and medium-sized enterprises. This problem is particularly prominent in high-growth, asset-light intelligent technology companies. 

Founded in 2015 day TianjinChinaComeBranchSkillHavelimitpublicDivision(Hereinafter referred to as "Hualai Technology") is an intelligent technology enterprise engaged in the research and development and manufacturing of wireless home intelligent security equipment and related cloud computing environment operations. In the early days of its establishment, the annual revenue was less than 7 million. After the launch of the Xiaomi ecological chain product "Xiaofang Smart Camera" in April 2017, Hualai Technology entered the fast track of development. The export of products accounted for nearly two-thirds, and sales revenue was nearly 150 million yuan. 

Due to the slow repayment and long account period of overseas customers, they occupy a large amount of operating funds. Enterprises need to develop new products to cope with the peak sales season, and the capital gap is large. Hualai Technology has contacted many banks in the hope of alleviating the shortage of funds through loans. But because it is an asset-light technology company, it lacks collateral, and has been losing money in high-speed development, which does not meet bank loan standards. 

After learning that Hualai Technology is seeking development and urgently needs financial support, the municipal guarantee center immediately carried out due diligence and learned that the company's products have high technological content and strong market competitiveness. According to the order and payment situation, the city guarantee center granted Hualai Technology 10 million yuan in financing guarantee credits and issued them in installments to ease the pressure of repayment of corporate loans due to concentrated maturity, which not only solved the urgent needs of enterprises but also greatly enhanced Its production and order-taking capabilities enable companies to quickly penetrate and seize overseas markets.In the fourth quarter of last year alone, Hualai Technology achieved nearly half of its annual revenue.In 2018, sales revenue reached 300 million yuan, a year-on-year increase of 100 %, 

The annual net profit is about 45 million yuan, completely turning losses into profits. In order to continue to help enterprises grow bigger and stronger smart manufacturing brands, the city guarantee center implements the "support strong + help wisdom" Tianjin guarantee model, while providing guarantee loan support for Hualai Technology, Tianjin Xinbao Financial Management Co., Ltd., a wholly-owned subsidiary of the center, provides financial and management consulting services for the company, enabling the company to quickly enter the "fast track" for rapid development. 

At present, the valuation of Hualai Technology is about 1.2 billion yuan, and the benchmark date for the share reform has been determined. As of July, the Municipal Guarantee Center has provided financing guarantee services for 100 companies including Hualai Technology this year, with a guarantee amount exceeding 530 million yuan, of which intelligent technology-based small, medium and micro enterprises accounted for more than 80%. Small, medium and micro enterprises provided strong financial support and ignited a new engine of development. Next, centering on the spirit of the congratulatory letter of General Secretary Jinping ’s Third World Intelligence Conference, the city ’s Industry and Information Technology Bureau will fully implement the science of the “big intelligence” strategic layout, the “big intelligence” industrial agglomeration area, and the “big intelligence” innovation system goals. Under the guidance, as an important window for the development of financial services for small, medium and micro enterprises, the city guarantee center will continue to take the cultivation of strategic emerging industries as the traction and build a financing guarantee platform as the basis to promote the seamless connection between finance and industrial demand. 

Forget the beginning and keep the mission in mind ”The results of the theme education are translated into practical results, and innovative financial services are used to further promote the intelligent transformation in key areas. The transformation and upgrading of the intelligent manufacturing industry has added vitality to innovation. The City Guarantee Center has provided financing guarantee services for 100 companies including Hualai Technology this year, with a guarantee amount exceeding 530 million yuan, of which more than 80% are serving intelligent technology small and medium enterprises, and providing intelligent technology small and medium enterprises It provided strong financial support and ignited a new engine of development. Next, centering on the spirit of the congratulatory letter of General Secretary Jinping ’s Third World Intelligence Conference, the city ’s Industry and Information Technology Bureau will fully implement the science of the “big intelligence” strategic layout, the “big intelligence” industrial agglomeration area, and the “big intelligence” innovation system goals. Under the guidance, as an important window for the development of financial services for small, medium and micro enterprises, the Municipal Guarantee Center will adhere to the cultivation of strategic emerging industries as the traction, and build a financing guarantee platform as the basis to promote the seamless connection between finance and industrial demand. Forget the beginning and keep the mission in mind ”The results of the theme education are translated into practical results, and innovative financial services are used to further promote the intelligent transformation in key areas. 

The transformation and upgrading of the intelligent manufacturing industry has added vitality to innovation. The City Guarantee Center has provided financing guarantee services for 100 companies including Hualai Technology this year, with a guarantee amount exceeding 530 million yuan, of which more than 80% are serving intelligent technology small and medium enterprises, and providing intelligent technology small and medium enterprises It provided strong financial support and ignited a new engine of development. 

Next, centering on the spirit of the congratulatory letter of General Secretary Jinping ’s Third World Intelligence Conference, the city ’s Industry and Information Technology Bureau will fully implement the science of the “big intelligence” strategic layout, the “big intelligence” industrial agglomeration area, and the “big intelligence” innovation system goals. Under the guidance, as an important window for the development of financial services for small, medium and micro enterprises, the city guarantee center will continue to take the cultivation of strategic emerging industries as the traction and build a financing guarantee platform as the basis to promote the seamless connection between finance and industrial demand. 

The results of the theme education of “Forgetting the Original Mind and Keeping the Mission in Mind” are translated into practical results, and innovative financial services are used to further promote the intelligent transformation of key areas. The transformation and upgrading of the intelligent manufacturing industry has added vitality to innovation.

Bureau of Industry and Information Technology vigorously promotes the development of intelligent manufacturing industry

Tianjin Bureau of Industry and Information Technology

Bureau of Industry and Information Technology vigorously promotes the development of intelligent manufacturing industry

Tianjin Bureau of Industry and Information Technology

http://www.tj.gov.cn/xw/bum/

Tianjin Bureau of Industry and Information Technology
		
Official Website of Tianjin Municipal People's Government

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