Recently, sponsored by the China Household Electrical Appliances Business Association, Jiangsu Province Household Electrical Appliances Association, Oviede Network co-organized by the 'new retail new business new breakthroughs - 2017 China Household Electrical Fair' was successfully held in Nanjing.
Peking University National Development Research Institute, South China University of Technology School of Business Administration Professor Chen Chunhua, China Chamber of Commerce vice president and secretary general Wang Min, China Household Electrical Appliances Business Association Peng Baoquan, China Household Electrical Appliances Business Association executive vice president The heavyweight guests come to the meeting.
Many well-known home appliance brand enterprises, TOP channel operators, industry experts, famous scholars, news media participants.It is understood that the annual meeting of the collection from the provinces and cities nationwide household appliances channels, brand manufacturers headquarters executives, provincial and municipal household appliances Association Secretary-General, third-party agencies and media reporters a total of more than 500 delegates.
The face of the consumer electronics market to release a new impetus to participants in the form of dialogue and multi-channel theory, from the new market demand and consumption patterns and other aspects of conspiracy to the future development of the industry.
As the leading brand of home appliance industry, AO Smith depth insight into consumer demand, to create a more suitable for Chinese consumers innovative boutique, great to meet the diverse needs of consumers in the forum annual meeting, AO Smith by virtue of high Quality products and excellent reputation was '2017 best-selling brand' honorary title.
Since entering China, AO Smith depth insight into the needs of consumers, focusing on innovation and research and development, according to the authority of the monitoring agency sinks Yikang data show that the current AO Smith in the water heater market share of sales has reached 27.46%, ranking first in the industry; Water machine sales market share of 29.1%, has also been ranked first in the industry.
In the current stage of consumer upgrades transition, many home appliances brands, especially foreign brands, because it can not meet the needs of the Chinese market, gradually out of the market, but AO Smith is an exception, as a 44-year history of multinational companies, AO Smith showed good development Since the entry into the Chinese market, AO Smith annual sales growth rate of more than 20%, nearly 20 years in the Chinese market performance of the most stable, and the only share of the continued rise in foreign brands. The '2017 best-selling brand' honorary title Of the acquisition, once again proved AO Smith's industry leadership.
Many people are curious about the success of AO Smith, the United States AO Smith Group senior vice president and (China) Investment Co., Ltd. President Ding Wei said, AO Smith has entered China since its 100 years of success factors in China landing, to focus on business ethics, Integrity management, innovation and R & D as the company nearly 20 years to develop a main line because of its excellent industry contribution, the forum Ding Wei was also named '2017 Chinese appliance meritorious characters'.
With high-quality hot water, heating, water, soft water, air purification products for Chinese consumers to create a better life, with innovative research and development to bring the industry technological change, AO Smith has always been unremitting efforts and the direction of the future, AO Smith Will continue to use innovative products and solutions to win the favor of users for the sustainable development of China's home appliance benchmarking.
As a multinational company with a history of 143 years, AO Smith has 15,500 employees worldwide in 2016 and currently has 26 factories and branches in 10 countries worldwide with an annual turnover of $ 2.69 billion and a sustained and strong Growth momentum.
AO Smith is a listed company on the New York Stock Exchange (code AOS). With more than $ 10 billion in total market capitalization, AO Smith has entered the S & P 500, which represents institutional investors' full recognition of their brand strength and investment value. As the recognized authority of the financial investment community, the S & P 500 index has become the benchmark for the US portfolio index, also represents a greater market value of the market space.