China has a large home appliance user base and a huge home appliance market. In China, the design, production and manufacture of household appliances are very mature. These 10 chinese home appliance brands account for the vast majority of the Chinese electrical market.
The Top 10 Chinese Home Appliances Brands list is:
- #1 Midea 美的
- #2 GREE 格力
- #3 Haier 海尔
- #4 TCL
- #5 Galanz 格兰仕
- #6 ChangHong 长虹
- #7 Hisense 海信
- #8 Skyworth 创维
- #9 Joyoung 九阳
- #10 SUPOR 苏泊尔
Now the Top 10 Chinese Home Appliances Manufacturers are:
#1 Midea 美的
- Midea is a technology group engaged in consumer electronics, HVAC, robotics and automation systems, and intelligent supply chain (logistics). Every year, we provide satisfactory products and services to more than 300 million users, important customers and strategic partners in various fields around the world, and strive to create a better life.
Midea Group (SZ.000333) is a technology group integrating consumer electronics, HVAC, robotics and automation systems, intelligent supply chain, chip industry, and elevator industry. Established in Shunde, China in 1968, now headquartered in Beijiao New City, Shunde, Guangdong, with about 200 subsidiaries, more than 60 overseas branches and 10 strategic business units worldwide, and is also the main shareholder of the German KUKA Group (About 95%). Midea Group’s business includes consumer electrical appliances business focusing on kitchen appliances, refrigerators, washing machines and various small household appliances; HVAC business focusing on heating and ventilation systems such as household air conditioners and central air conditioners; and Germany’s KUKA Group and Midea Robotics and industrial automation systems business with robotics companies as the core; intelligent supply chain business with Anderzhilian as the integrated solution service platform; chip business of Meiren Semiconductor.
Company Name | 美的集团 | Annual Turnover | 278.2 billion yuan |
Foreign Name | Midea Group | Employee Count | 101,826 people (2017) |
Established | 1968 | Founder | He Xiangjian |
Headquarter Address | No. 6, Midea Avenue, Beijiao Town, Shunde District, Foshan City, Guangdong Province | Chairman | Fang Hongbo |
Business Scope | HVAC, consumer appliances, robots, logistics, chips, etc. | Time to List | September 18, 2013 |
Type of Company | Listed company | Honors | 307th in Fortune Global 500 (2020) |
On September 18, 2013, Midea Group was listed on the Shenzhen Stock Exchange. On July 4, 2015, GMCC, the world’s largest air-conditioning compressor company under Midea Group, and Welling Motor Co., Ltd. integrated into Midea’s “Parts Division”. In 2016, Midea Group entered the 481st place on the Fortune Global 500 list for the first time and ranked 307th in 2020. The annual operating income of 2019 was 278.2 billion yuan, ranking first in China’s home appliance industry. The cumulative number of patent applications has exceeded 100,000, maintaining the world’s number one home appliance industry for four consecutive years. Its subsidiary Meiren Semiconductor has a planned annual supply capacity of 120 million chips. On December 11, 2020, Lingwang Elevator was acquired and officially entered the elevator business. On December 24, it acquired Hitachi Compressor Plant in Thailand to deploy global industries.
#2 GREE 格力
Zhuhai Gree Electric Appliance Co., Ltd. (hereinafter referred to as Gree Electric Appliances), established in 1991, is an international home appliance enterprise integrating R&D, production, sales and service. It owns the three brands of Gree, TOSOT and Jinghong, and is mainly engaged in household air conditioners. , central air conditioning, air energy water heaters, mobile phones, household appliances, refrigerators and other products. In 2016, Gree Electric achieved a total operating income of 110.113 billion yuan, a net profit of 15.421 billion yuan, and a tax payment of 13.075 billion yuan. It ranked first in the household appliance industry in China for 15 consecutive years, and the accumulated tax payment reached 81.413 billion yuan. For the 9th consecutive year, the magazine “Fortune” magazine “Top 100 Listed Companies in China”. Gree Electric’s “Gree” brand air conditioner is the only “world famous brand” product in China’s air conditioner industry, with operations in more than 100 countries and regions around the world.
Established in 1991, Zhuhai Gree Electric Appliance Co., Ltd. is an enterprise selling home appliances. Owning Gree and other brands, the main products include household air conditioners, mobile phones, and central air conditioners. In 2016, Gree Electric achieved a total operating income of 110.113 billion yuan, a net profit of 15.421 billion yuan, and a tax payment of 13.075 billion yuan. It ranked first in China’s household appliance industry for 15 consecutive years, with a cumulative tax payment of 81.413 billion yuan. It has been listed in the “Top 100 Chinese Listed Companies” by Fortune magazine in the United States for 9 consecutive years. The “Gree” brand air conditioner under Gree Electric is a “world famous” product in China’s air conditioner industry, with business in more than 100 countries and regions around the world.
Gree takes the road of self-cultivation of talents, and has 12 research institutes and more than 10,000 technical developers.
#3 Haier 海尔
Haier Group was founded in 1984 and is a world-leading service provider of better life solutions. In the process of continuous entrepreneurship and innovation, Haier Group has always adhered to the development theme of “human value first”. Zhang Ruimin, Chairman of the Board of Directors and CEO of Haier Group, proposed the “Rendan Heyi” model.
Haier Group has always been centered on user experience, stepping into the beat of the times, developing from an insolvent collective factory on the verge of bankruptcy to an ecological enterprise leading the Internet of Things era, and has been ranked as the only Internet of Things ecological brand in the world for two consecutive years. Top 100 valuable global brands. In 2018, Haier Group’s global turnover reached 266.1 billion yuan, a year-on-year increase of 10%; global profits and taxes exceeded 33.1 billion yuan, a year-on-year increase of 10%; ecological revenue reached 15.1 billion yuan, a year-on-year increase of 75%. Haier has 4 listed companies, 5 incubating unicorn companies, and 23 gazelle companies. It has set up 10 R&D centers, 25 industrial parks, 122 manufacturing centers, 108 marketing centers and 140,000+ sales networks around the world. With Haier, Casarte, Leader, GE Appliances, Fisher&Paykel, AQUA, Candy, Kaos COSMOPlat, Good Life, Yingkang Life, Haier Biomedical, Haier Cloud, Haier Brothers, Haier Brothers and many other ecological brands and new Species.
Haier has been ranked as the No. 1 brand of home appliances in Euromonitor International for 11 consecutive years. Its subsidiary Haier Zhijia has been ranked among the Fortune Global 500 and Fortune’s most admired company’s new species Kaos COSMOPlat. Ranked first among the Internet platforms, it has been designated by the three major international standards organizations of ISO, IEEE, and IEC to take the lead in formulating international standards for mass customization. In the Internet of Things era, Haier’s ecological brand and Haier Rendanheyi model are achieving global leadership.
In the future, Haier Group will continue to work with the world’s first-class ecological partners to build an IoT ecosystem such as basic necessities, food, housing, transportation, health care, medical education, etc., to customize personalized and smart life for users around the world.
#4 TCL
Founded in 1981, TCL Group Co., Ltd. is a global enterprise of intelligent product manufacturing and Internet application services. The group has 70,000 employees, 26 R&D centers, more than 10 joint laboratories, 22 manufacturing and processing bases, sales organizations in more than 80 countries and regions, and operations in more than 160 countries and regions around the world.
Its predecessor was TTK Home Appliances (Huizhou) Co., Ltd., one of the first 13 joint ventures in China. It was engaged in the production of audio tapes and later expanded to telephone, TV, mobile phone, refrigerator, washing machine, air conditioner, small appliances, LCD panel. And other fields.
The Chinese version of Fortune released the latest Fortune China Top 500 list on July 31, 2017. TCL Group Co., Ltd. ranked 64th in the 2017 China Top 500 list.
In October 2018, TCL boarded Forbes’ 2018 list of the world’s best employers.
#5 Galanz 格兰仕
Founded in 1978, Galanz was formerly a township down products factory. In 1992, with the ambition of letting Chinese brands in the microwave oven industry and let the microwave oven enter the Chinese people’s family, Galanz boldly broke into the home appliance industry. In the past 10 years, Galanz microwave ovens have grown from scratch to China’s first in the past: in 1993, Galanz trial-produced 10,000 microwave ovens; in 1995, it ranked first in the Chinese market with a market share of 25.1%. Seating; In 1999, production and sales exceeded 6 million units, and it became the world’s largest professional microwave oven manufacturer; in 2001, global production and sales soared to 12 million units, and let the people start to fully appreciate the “high-end” from the “wave oven popularity storm” New consumerism with high quality and no high price. By 2006, Galanz had won the double-launch laurels in China’s microwave oven market with the largest sales and market share for 12 consecutive years. For the 9th consecutive year, it has won the export sales of microwave ovens and double earned foreign exchange.
#6 ChangHong 长虹
From military industry, color TV industry, to the diversified expansion of information electronics, it has become a comprehensive multinational enterprise group integrating military industry, consumer electronics, core device R&D and manufacturing, and is providing globally competitive information appliance content and services. Business advances.
The value of 2018 Changhong brand reached 145.965 billion yuan. The value of 2017 Changhong brand reached 131.975 billion yuan, ranking 146 among the top 500 Chinese enterprises. China’s top 100 electronics brands ranked sixth, ranking 53rd among China’s top 500 manufacturing companies and the top 100 enterprises in Sichuan.
#7 Hisense 海信
Hisense owns two companies listed in Shanghai, Shenzhen and Hong Kong, including Hisense Electric (600060) and Hisense Kelon (00921). It holds three famous Chinese brands: Hisense, Kelon and Ronshen. trademark. Hisense currently has 13 production bases and 12 R&D centers around the world, introducing high-end talents to the world and promoting domestic design and R&D personnel to “go global”. Overseas branches cover global markets such as the Americas, Europe, Africa, the Middle East, Australia and Southeast Asia, and the products are exported to more than 130 countries and regions.
Following the top sponsor of the European Cup in 2016, Hisense announced on April 6, 2017 that it will become the official sponsor of the 2018 World Cup in Russia.
#8 Skyworth 创维
Founded in 1988, Skyworth Group Co., Ltd. is engaged in multimedia (smart TV, set-top box, content operation), household appliances (fridge, washing machine, air conditioner, kitchen appliances and other intelligent products business), intelligent system technology and big data, Smart home appliances and information technology companies in the modern service industry. Skyworth owns two listed companies, Skyworth Digital (H00751) and Skyworth Digital (000810), and more than 10 nationally recognized high-tech enterprises. It has a state-level enterprise technology center and a national industrial design center, and has applied for more than 5,700 patents. Skyworth has a number of R&D, manufacturing and marketing organizations. It has more than 40,000 employees and a brand value of 99.766 billion yuan.
#9 Joyoung 九阳
Founded in 1994, Jiuyang Co., Ltd. is a modern enterprise specializing in R&D, production and sales of healthy eating appliances. In 2014, Jiuyang gave birth to the 100 millionth soya-bean milk machine user.
At present, Jiuyang continues to expand in the field of healthy eating and kitchen, and new products are emerging one after another. The main products cover soymilk machine, pasta machine, juice machine, electric pressure cooker, induction cooker, cooking machine, electric cooker, boiling water pot, rice cooker, ONECUP range hood, water purifier and many other series more than 300 models.
#10 SUPOR 苏泊尔
Zhejiang Supor Co., Ltd. is the largest and the world’s second largest manufacturer of cookware, the leading brand of small kitchen appliances in China, and the first listed company in China’s cookware industry (stock code 002032). Founded in 1994, Supor is headquartered in Hangzhou, China, and has established five R&D and manufacturing bases in Hangzhou, Yuhuan, Shaoxing, Wuhan and Ho Chi Minh City, Vietnam, with more than 10,000 employees.
Supor is the first listed company in the Chinese cookware industry. Supor has three business fields: open fire cookware, kitchen appliances, kitchen and bathroom appliances, and a rich product line to fully meet the needs of kitchen life. The cookware and household appliances produced by the company are sold to 41 countries and regions around the world. The pressure cooker, wok, frying pan and steamer have been ranked first in the domestic market for many years; the market share of rice cookers, electric pressure cookers, induction cookers and electric kettles It also leapt to the second leading position in the industry.