Furui Electronics

Fujian Furui Electronics Co., Ltd. is one of the backbone enterprises in the electronic information industry of Fujian Province, with a registered capital of 592,988,082 yuan and over 5,500 employees. The company integrates scientific research, production, circulation, and services, and has 27 controlled or invested enterprises at various levels, including Zhongnuo Communications, Yuanlei Technology, and Mairui Optoelectronics. In 2021, the company's main operating revenue was 18.63 billion yuan, and total assets were 12.26 billion yuan, ranking 447th among China's top 500 manufacturing enterprises in 2021 and 26th among Fujian Province's top 100 manufacturing enterprises in 2022. The company was established in 1981 and was the first Sino-foreign joint venture in the electronics industry in China. The "Furui" brand televisions were once renowned nationwide, achieving 18 national firsts in Chinese color TV technology. In May 1999, the company was listed on the Shanghai Stock Exchange. Through resource integration, asset restructuring, and structural adjustment, it has gradually formed its current main industries, including communications and smart home appliances, LED optoelectronics, and domestic and foreign trade. Its partners include major telecom operators, Huawei, Honor, Motorola, Alibaba, Xiaomi, DJI, and other well-known enterprises, with main products' market share ranking among the top five in China. In 2018, the company was included in the State-owned Assets Supervision and Administration Commission's "Double Hundred Action" pilot units for national SOE reform. In 2020, its reform practice case was selected into the "Reform Samples: Case Collection of SOE Reform 'Double Hundred Action'". In 2022, it was again listed on the new "Double Hundred Enterprises" list. Over the years, the company has adhered to independent innovation and focused on cutting-edge technologies, with about 1,900 technical personnel and an annual R&D investment of over 200 million yuan. As of the first half of 2022, it had applied for a total of 1,313 patents. It has achieved innovative results in fields such as 5G smart terminal design, new LED light source development, and LED smart display solutions. It is one of the first innovative enterprises in Fujian Province and a backbone enterprise in strategic emerging industries. In the future, the company will uphold its core values of "pragmatism, innovation, harmony, and win-win", striving to become a well-known domestic provider of smart communications and LED solutions.