"HEFEI MEILING CO., LTD. is one of China's leading listed companies in the appliance industry, is one of China's earliest enterprises to produce refrigerator and is the company which Hefei City, Anhui Province focuses on supporting. The business scope mainly includes refrigerator production and sales. The Company now has the production capacity of an annual output of 2 million refrigerators (counter) and 50,000 units of cryogenic refrigerator. ""Meiling"" brand refrigerator ,the Company's leading product, is the national exemption product and the first Chinese branded product. ""Meiling"" trademark is well-known in China. Meiling has focused on cooling. From the ""181 big freezer"" refrigerator, fresh refrigerator, super-efficient refrigerators, nano-materials refrigerator, to the ""Terminator"" refrigerator the Company is continuously leading the technological progress. With a good quality, a sound network and service advantages, Changhong Successfully get the bid to become the designated the brand in the activity of “Appliance for Home” jointly organized by Ministry of Commerce and Ministry of Finance to further promote the rapid growth of sales Meiling and lay a solid foundation for realization of the goal of Meiling ""China's refrigerator magnate, the world's refrigeration carrier"" "
Basic Information
Key Executives
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Director
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Director
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Director
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Executive Vice President
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Independent Director
Ownership Details
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24.12%
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4.64%
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2.63%
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1.43%
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1.36%
Subsidiaries
CH-Meiling.International(Philippines) Inc.
100%
CHANGHONG MEILING ELECTRICINDON ESIA, PT
100%
Guangzhou Changhong Trading Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
10.49%▲
Total operating revenue
10.27%▲
Operating profit (EBIT)
55.28%▲
Net Profit (Loss) for the Period
109.97%▲
Operating Profit Margin (ROS)
0.32%▲
Return on Equity (ROE)
1.87%▲
Debt to Equity Ratio
5.08%▲