Changhong was founded in 1958. Its predecessor, the State-owned Changhong Machinery Factory, was one of the 156 key projects during China's First Five-Year Plan period and was the domestic production base for airborne fire-control radar at that time. From its establishment, to prospering through color TVs, and then to diversified expansion in information electronics, it has become a comprehensive multinational enterprise group integrating consumer electronics and core component R&D and manufacturing, and is advancing toward becoming a globally competitive provider of information appliance content and services.
In 2017, the Changhong brand value reached RMB 131.975 billion, continuing to rank sixth among China's top 100 electronics brands, 58th among China's top 500 manufacturing enterprises, and first among Sichuan's top 100 enterprises.
Changhong owns four listed companies: Sichuan Changhong, Meiling Electric, Huayi Compressor, and Changhong IT (08016.HK). At the same time, it has added new NEEQ-listed companies such as Changhong Minsheng, Changhong Energy, and Zhongke Meiling.
For many years, Changhong has adhered to a user-centered and market-oriented approach, strengthened technological innovation, consolidated internal management, built four major platforms for intelligent R&D, intelligent manufacturing, intelligent trading, and intelligent operations, constructed a consumer electronics technology innovation system, based itself on the Internet and oriented itself toward the Internet of Things, vigorously implemented its intelligent strategy, continuously improved its comprehensive competitiveness, and gradually built Changhong into a globally respected enterprise.
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