Zhejiang Chint Electrics 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 | Zhejiang Zhengtai Electrical Appliances Co., Ltd. was founded in 1984 and is a globally renowned provider of smart energy system solutions. Since its establishment for 38 years, Chint has always been focused on industrial development and brand creation, focusing on green energy, intelligent electrical, and smart low-carbon core businesses, cultivating scientific and technological innovation incubators, and forming a "3+2" industrial system. Continuously delving into the international market, with business covering over 140 countries and regions, and more than 40000 employees worldwide. In 2022, the revenue was 123.7 billion yuan, and it has been listed in the top 500 Chinese enterprises for 21 consecutive years. Its subsidiary, Chint Electric Appliances (stock code: 601877), is the first A-share listed company in China to focus on low-voltage electrical appliances. Zhengtai seizes the new development opportunities of digital intelligence and dual carbon goals, continuously deepens the "one cloud, two networks" strategy, uses "Zhengtai Cloud" as a smart technology and data application carrier, takes the lead in building energy IoT and industrial IoT platforms, and strives to be an explorer, advocate, and practitioner in the new blue ocean of green and low-carbon development. By leveraging the service capabilities of the "Green Source, Intelligent Network, Load Reduction, and New Storage" system, we aim to create a platform based enterprise, build a regional smart energy industry ecosystem, and provide a comprehensive energy solution package for public institutions, businesses, and end users, achieving energy conservation and carbon reduction, and accelerating energy transformation. Zhengtai adheres to open development and unwavering global layout, actively building a resource smart sharing and collaborative business platform, with four global R&D centers and six international marketing regions. Its manufacturing bases are located in Wenzhou, Shanghai, Jiuquan, Jiaxing, Yancheng, Xianyang, Wuhan, Shenyang, Jinan, and localized manufacturing is achieved in Thailand, Singapore, Vietnam, Malaysia, Egypt, Cambodia, Algeria, and other countries, Collaborate closely with local partners to continuously achieve stable global business growth. Chint adheres to the concept of industrial development and innovation driven, and has 24 research institutes with Chint Group Research Institute as the core. It has formed a diversified and open R&D system, with an average annual R&D investment accounting for 4% -12% of sales. As of now, we have authorized more than 7000 patents, participated in more than 90 standardization related organizations, and led and participated in the formulation and revision of over 400 international, national, and industry standards. It has been recognized as a national recognized enterprise technology center and a national level industrial design center, and has been awarded titles such as National Technology Innovation Demonstration Enterprise, National Intellectual Property Demonstration Enterprise, and China Industry University Research Cooperation Innovation Award. Chint adheres to a people-oriented and unwavering culture of value sharing, with the mission of "making energy safer, green, convenient, and efficient", the core values of "customer-centric, innovative, humble, honest, collaborative, and responsible", and the business philosophy of "creating value for customers, seeking development for employees, and taking responsibility for society". We aim to achieve value sharing with domestic and foreign partners and upstream and downstream of the industrial chain, and build a development community. Chint actively fulfills its social responsibilities and has invested in the establishment of the "Chint Moral Education Award for Chinese Middle School Students" and the "Chint Education Assistance Fund for Poor College Students in Zhejiang Province". It has initiated the establishment of the "China Red Ribbon Foundation" and invested 90 million yuan to establish the "Chint Public Welfare Foundation". As of now, we have donated over 450 million yuan in total to various social welfare undertakings such as poverty alleviation, education, earthquake relief, public entrepreneurship, and ecological protection. In 2021, we ranked first among the top 100 private enterprises in China in terms of social responsibility. Zhengtai has successively won honors and titles such as "National Advanced Private Enterprise in Employment and Social Security", "National Model Collective for National Unity and Progress", "National Advanced Grassroots Party Organization", "National Advanced Enterprise in Employment", "National May Day Labor Award", "China Charity Award", "Top 10 Enterprises with the Most Core Competitiveness in China's Machinery Industry", and "National Intelligent Manufacturing Pilot Demonstration Factory". |
| Headquarter | Wenzhou City |
| Establish Date | 8/5/1997 |
| Listed Code | 601877.SH |
| Listed Date | 1/21/2010 |
| Chairman | Nan Cunhui. |
| CEO | Zhang Zhihuan. |
| Website | www.chint.net |
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