Is Changhong a state-owned enterprise?

Changhong is not a state-owned enterprise. Changhong generally refers to Sichuan Changhong Electric Co., Ltd., which was established in 1958 and listed on the Shanghai Stock Exchange in March 1994. After decades of development, from the initial establishment and color TV industry to the diversified development of information electronics, it has become a comprehensive multinational enterprise group integrating consumer electronics, R&D and core device manufacturing.

Over the years, Changhong has adhered to user-centered and market-oriented, strengthened technological innovation, consolidated internal management, and continuously provided excellent products and services for consumers and enterprise users. At present, the company is mainly engaged in household appliances business represented by televisions, refrigerators, air conditioners and washing machines, spare parts business represented by refrigerators and compressors, IT integrated service business represented by IT product distribution and professional IT solution provision, lean manufacturing service business represented by electronic manufacturing (EMS) and other related special businesses.

In the future, Changhong will build a powerful industrial system of Internet of Things along the direction of intelligence, networking and coordination, continuously improve the comprehensive competitiveness of enterprises, and gradually build Changhong into a respectable enterprise in the world.