Shanghai Yongle

Yongle (China) Electrical Appliance Sales Co., Ltd. was founded in 1994 and is the largest home appliance retail chain entity in Shanghai. Its network covers all districts and counties in the city, with 39 stores currently and nearly 4,000 employees, achieving annual sales exceeding 4 billion yuan.
Yongle Electrical is the brand of Shanghai Yongle Home Appliance Co., Ltd., established in 1996. It is a private joint-stock large-scale home appliance chain retail enterprise with net assets exceeding 100 million yuan, and is one of the top ten enterprises in China's commercial retail and chain industries. On July 25, 2006, Gome Electrical Appliances acquired Yongle Electrical for HK$5.268 billion.
According to the company's strategic development needs and market demand data analysis, over the next five years, the comfortable home system market is expected to reach a scale of over 1.5 trillion yuan, offering broad prospects. Shanghai Yongle is focusing on developing new comfortable home businesses, including heating systems, central air conditioning systems, whole-house water purification systems, smart locks, smart toilets, and other products.