HISENSE GROUP CO.,LTD

Hisense was founded in 1969. At present, Hisense owns two listed companies—Hisense Visual Technology(600060) and Hisense Home Appliances (000921), listed in Shanghai, Shenzhen, and Hong Kong. And it also owns many brands including Hisense, Toshiba, Gorenje, Kelon，Ronshen, and ASKO. In 2020, the operating revenue of Hisense group was CNY 140.9 billion, increased by 11.1% YOY. The overseas income reached CNY 54.8 billion, increased by 18.6% YOY, the total profit reached CNY 9.83 billion, increased by 23.7%YOY, and the paid-in tax reached CNY 10.35 billion.Hisense is headquartered in Qingdao, China. In the past 52 years, Hisense has always adhered to the core values of “Integrity, Innovation, Customer Focus, and Sustainability” and the development strategy of “Sound Technological Foundation and Robust Operation”. The business covers areas including multimedia, home appliances, IT intelligent information and modern service industries. With the Smart TV as the core, Hisense B2C business has always been at the forefront of the global industry. Hisense is also the global leading brand in B2B industries including Intelligent Transportation, Intelligent Medical and Optical Modules. With the home appliance sector and the technology sector complementing each other, Hisense is transforming itself from a traditional “home appliance company” to a “high-tech company”.Over the years, Hisense has always focused on display and image processing technology, and has laid out in the visual industry ecological chain. It has opened up the entire industry chain from the underlying technology, terminal equipment, scene applications, cloud support to applications. The company owns the world's leading ULED Local Dimming backlight control technology and laser display technology while developing the chip technology, and continues in developing 8K ultra-high-definition display image quality processing chips, TV SoC chips, and AI chips. Hisense TV has ranked first in market share for 17 consecutive years in China (CMM, Offline). By the end of 2020, Hisense's Internet TVs had covered 67 million households worldwide, effectively extending the user's operation in the traditional manufacturing industry. In China, Hisense ranks No.2 in the refrigerator market and No.5 in air-conditioning market. Among them, the cumulative retail sales of Fresh Master Air Conditioner accounts for 24.95% in 2020 ranking No. 2 in China’s air conditioner market (CMM, Offline). Hisense Broadband Multimedia Technologies Co. Ltd is the leading supplier of optical communication modules in the world. At the same time, the FTTx optical transceiver products have been the world leader for 10 consecutive years. It has launched three types of terminal products,among which the ONT+STB convergence and Set-Top-Box for Direct Broadcasting by Satellite are leading in China. In the emerging field of intelligent transportation, Hisense has occupied first place in the urban intelligent transportation market for many consecutive years in China and the products and solutions have been applied to 147 cities across the country. From 2015 to 2019, the bid-winning number of Hisense intelligent transportation projects over 10 million has ranked No.1 for five consecutive years. The precision medical industry represented by Hisense CAS has now served more than 100 Grade III class A hospitals in China. Hisense HD60 Taishan series color ultrasonic products fill the industrial gap in Shandong Province. At present, Hisense commercial air conditioner has been ranked first in the Chinese multi-split air conditioner market.According to the China National Image Global Survey released by China International Publishing Group, Hisense was one of the “Top Ten most familiar Chinese brands to overseas citizens” for six consecutive years. With the products exported to over 160 countries and regions, Hisense has sponsored the world’s top sporting events such as UEFA EURO 2016, 2018 FIFA World Cup and UEFA EURO 2020, and becomes the global sponsor of Paris Saint-Germain football club. What’s more, Hisense is the first batch of innovative enterprises in China and has won the “National Quality Award” twice. Hisense has 16 industrial parks located in Qingdao, Shunde, Huzhou, Czech Republic, South Africa, Mexico, etc. There are also 16 R&D centers located in Qingdao, Shenzhen, the USA, Germany, etc. The number of R&D personnel reached 6000 with more than 3000 Master’s degrees and over 100 Ph.D., with which Hisense initially established a global collaborative R&D system.