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Company

LITS CO.,LTD.
Website

http://www.lits.co.kr
Business Sector

ElectricalㆍElectronic Components
Key products and services

A system that does not climb to the top of the feed bin/raw material silo, but uses a PC or mobile p
Brochure

BIMS-FBI-Brochure.pdf [View] [Download]
Corporate Video

https://youtu.be/Flci7vIF8gs

Company Profile

1. Company name : LITS Co., Ltd
2. Founding date : 2016.11.30 
3. Start-up purpose  : We will become a leading company in the development of the global livestock industry based on a platform incorporating ICT technology.
4. Start-up Item : A system that does not climb to the top of the feed bin/raw material silo, but uses a PC or mobile phone to check the stock and shape of the feed/raw material loaded inside the storage.
5. LITS Slogan : To grow & succeed together
6. LITS Vision : (1) Safe growth            (2) continuous development
7. LITS Mission : (1) Continuous research and development
                                 (2) High-quality products at an  affordable price
8. LITS action value :  (1) Honesty and integrity   
                                           (2) Responsibility & passion  
                                           (3) Consideration and respect for others      
9.  Sale Volume : (1) 2019 ($48,000)   (2) 2020 ($185,800)   (3) 2021 ($438,000)

Brochure Introduction Video

사료빈및원료사일로 재고관리시스템 (Feed bin and raw material silo inventory management system)

■ Main function
      □ LiDar TOF (TDC) Non-contact laser method
      □ Wide measuring angle (Horizontality : 360 D, Perpendicular 110 D) vs Now (30 D)
      □ live monitoring / Measuring speed(90 S) / precision (FS 1.5%) - Full Scale
          ☞ Monitoring the internal situation with a mobile phone through 3D scanning
          ☞ Identification of feed stock and surface adhesion (removal of mold)
          ☞ System linkage between livestock farms and feed companies / Pre-order possible
      □ Superior price competitiveness compared to the prior art
      □ Line detection distance 20M or less (50M, 80 or less to be released in the first half of 2022)
      □ Application of improved communication technology
          ☞ 100 communication nodes and 5,000 storage connections
          ☞ 1Km communication distance and 200Kbps communication speed
          ☞ Sub Giga 433Mhz or  915Mhz)
■ Main use
      □ Livestock farmhouse (with feed beans) 
           ☞ Contract with Cargill for 3,000 sets / Currently being installed
      □ Livestock company feed factory (feed factory feed raw material storage silo)
      □ Industrial Silos (Fertilizer, Sugar, Flour, Cement Storage Silos)
      □ National rice mill silo (rice, barley, paddy storage silo)
■ BIMS-FBI (Livestock farmhouse - feed: pig, poultry, cattle, dairy)
■ BIMS-PBI (Feed plant-raw materials: corn, soybean meal, etc.) 
■ BIMS-PBI (Industrial Factory-Products: Fertilizer, Sugar, Flour, Cement, etc.)
■ BIMS-RPC(Rice field-grains: rice, barley, rice, etc.)
■ B2C : Direct visits to livestock farms (pig, poultry, cattle, dairy, etc.)
■ B2B : Feed companies (60 feed companies including Cargill, Harim, Sunjin, Farmsco, etc.)
            Companies with large silos in feed factories, industrial factories, and rice fields
            Livestock Association Support Projects (Handon, Poultry, Cattle, Dairy Association, etc.)
■ B2G : Livestock government offices, provincial government offices, and city halls supporting ICT subsidized projects
           (Ministry of Agriculture, Food and Rural Affairs, Rural Development Administration, etc.)
■ 14 national livestock equipment and equipment companies registered as REITs agents (sales, installation, and maintenance)

Type of investment
Desired investment amount

USD 1 ~ 5 million (Share: 10 %)
Considerations
```
Equity investment after stock valuation
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Funding History

Yes
Start-up

Series A
Pitch Deck

BusinessPlan-LITS.pdf
Pitch Video(YouTube)

한국어 : https://youtu.be/Flci7vIF8gs 영어 : https://youtu.be/x7sJpYrB0Ds

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