Shenzhen Transsion Holdings Co., Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Shenzhen Chuanyin Holdings Co., Ltd. is committed to becoming the most beloved smart terminal product and mobile internet service provider for emerging market consumers. Since the establishment of the company, Chuanyin has been focusing on providing users with high-quality multi brand smart terminals with mobile phones as the core, and based on independently developed smart terminal operating systems and traffic portals, providing users with mobile internet services. Chuanyin has well-known emerging market mobile phone brands TECNO, itel, and Infinix, as well as digital accessory brands Oraimo, home appliance brand Synix, and after-sales service brand Carlcare. As the representative of scientific and technological enterprises going to sea, Median is a firm practitioner of the national strategy of jointly building the "the Belt and Road" initiative and "jointly building a community of shared future between China and Africa". The enterprise development path is highly coincident with the "21st Century Maritime Silk Road". In the process of enterprise development, Chuanyin always focuses on consumers in emerging markets, pays attention to the neglected needs of people in emerging markets, and allows as many people as possible to enjoy the beautiful life brought by technology and innovation as soon as possible. On September 30, 2019, Chuanyin Holdings was successfully listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. In 2020, Chuanyin was awarded honors such as "Top 500 Private Enterprises in China", "Top 500 Private Enterprises in China's Manufacturing Industry", "Fortune China Top 500", "Top 500 New Economy Enterprises in China", and "Top 500 Enterprises in Shenzhen". As a Chinese technology enterprise deeply rooted in emerging markets, Chuanyin started in Africa and has been committed to symbiosis and win-win with local society for many years, continuously creating more social value for emerging markets. Since 2020, Chuanyin has established a partnership with the United Nations High Commissioner for Refugees (UNHCR), supporting the UNHCR's global education project "Educate A Child" with its mobile phone brand TECNO. It helps African refugee children improve their educational conditions, gain more opportunities for education, and actively contribute to promoting local social harmony and development. After years of development in the mobile phone business, Chuanyin has become the backbone of the global emerging market mobile phone industry. In 2020, the overall shipment volume of voice phones was 174 million units. According to IDC statistics, in 2020, Chuanyin had a market share of 10.6% in the global mobile phone market, ranking fourth among global mobile phone brand manufacturers. Among them, smartphones had a market share of 4.7% in the global smartphone market, ranking seventh. In 2020, Chuanyin's market share in Africa continued to increase, with a market share of over 40% in the smartphone market, further expanding its leading advantage as the number one in Africa. The new market development has been effective, with a market share of over 40% in Pakistan's smartphone market, ranking first; Bangladesh's smartphone market share is 18.3%, ranking first; India's smartphone market share is 5.1%, ranking sixth. In the "2021 Top 100 Most Favorite Brands by African Consumers" list released by the well-known pan African business magazine "Africa Business", the three major mobile phone brands under Chuanyin, TECNO, itel, and Infinix, respectively ranked 6th, 21st, and 25th; In the Top 100 list, TECNO has been ranked first among selected Chinese brands for many consecutive years, while ITEL ranks second among Chinese brands. Chuanyin regards technological innovation as one of the company's core strategies and has established independent research and development centers in Shanghai, Shenzhen, and Chongqing, China. Through deep customization cooperation in the mobile supply chain, it achieves integrated innovation. By the end of 2020, Chuanyin had 1915 research and development personnel, mainly focusing on hardware, software, and mobile internet development of mobile phone products. Chuanyin continuously strengthens its differentiated product competitiveness by increasing research and development investment, expanding its competitive advantage in localized technology innovation in emerging markets, and enhancing user value and experience. Based on the development trend of industry technology and the accumulation of a large number of user base and data resources in Africa, Chuanyin has conducted a large amount of technological innovation research in the fields of localized deep skin color photography technology, hardware new material application innovation, big data user behavior analysis, OS system, and mobile internet product services based on Africa, continuously accumulating its own core technology, and continuing to maintain its leading edge in emerging markets. In 2020, Chuanyin continued to make breakthroughs in the field of image research and development, winning awards such as the CVPR2020LIP International Competition Deep Skin Portrait Segmentation Track Champion and the Wu Wenjun Artificial Intelligence Technology Progress Award (Enterprise Technology Innovation Engineering Project); The first international standard for mobile terminal computing photography system led by ITU-T has been officially approved, and the work results have been recognized by international peer experts.Intelligent mobile terminals for mobile internet services are the main way for African users to connect to the internet. Communication implements the strategy of collaborative development between intelligent terminals and mobile internet services, continuously expanding its leading advantages. All mobile phone brands under Chuanyin are equipped with intelligent terminal operating systems (OS) based on secondary development and deep customization of the Android system platform, including HiOS, itelOS, and XOS (hereinafter collectively referred to as "Chuanyin OS"). At present, Chuanyin OS has become one of the mainstream operating systems in major emerging markets around the world, such as Africa. Focusing on Chuanyin OS, Chuanyin has developed many tool applications such as application stores, game centers, advertising distribution platforms, and mobile butlers. In March 2021, AppsFlyer released the 12th edition of the "Comprehensive Performance Report of Advertising Platforms", which showed that in the global growth chart, Chuanyin Mobile Internet ranked third, and its global application installation share increased by 240%; In the regional growth ranking, Chuanyin Mobile Internet ranks first in Africa and fourth in India and Southeast Asia. At the same time, Chuanyin has actively developed and incubated mobile internet products through strategic cooperation with several leading domestic internet companies such as NetEase in various fields. As of the end of 2020, there were over 10 million monthly active users of 8 independently and collaboratively developed applications, including Africa's largest music streaming platform Boomplay, news aggregation application Scooper, and short video application Vski. In addition to mobile phone and mobile internet services, the voice over IoT business is also gradually gaining momentum. Based on its accumulated leading advantages in emerging markets, Chuanyin has deepened its diversified strategic layout and established the digital accessory brand Oraimo and the household appliance brand Synix. While vigorously developing offline business, actively expanding online channels and implementing a multi brand strategy for healthy development. Overseas layout: Chuanyin has established multiple production and manufacturing centers worldwide, including China, Ethiopia, India, Bangladesh, etc. Its after-sales service brand Carlcare has over 2000 after-sales service outlets worldwide (including third-party cooperation outlets), and has established 7 major after-sales repair centers overseas. It is one of the main service solution providers for electronic and home appliance products in emerging markets. Chuanyin collaborates with globally renowned companies such as Google, Facebook, Microsoft, MediaTek, Orange, and Vodafone, and will continue to steadily move forward in the future. At present, Chuanyin's global sales network has covered more than 70 countries and regions, including Nigeria, Kenya, Tanzania, Ethiopia, Egypt, United Arab Emirates (Dubai), India, Pakistan, Indonesia, Vietnam, Bangladesh, and so on. |
| Headquarter | Shenzhen |
| Establish Date | 8/21/2013 |
| Listed Code | 688036.SH |
| Listed Date | 9/30/2019 |
| Chairman | Zhu Zhaojiang. |
| CEO | Zhu Zhaojiang. |
| Website | www.transsion.com |
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