
Haier Smart Home is a leading provider of smart home solutions.
Their products and services aim to make life easier and more enjoyable for users.
With a focus on innovation, Haier Smart Home has developed a range of products that integrate seamlessly with other smart devices.
These products include smart refrigerators, air purifiers, and security systems that can be controlled remotely using a smartphone app.
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Financials
Haier Smart Home Co., Ltd. has seen significant growth in its sales over the years, with a total sales increase of 27.5% from 2020 to 2021.
The company's sales by activity show a diverse range of products, with Other Business being the largest segment in 2020 with sales of 92.63B.
In 2021, Household Food Storage and Cooking Solutions - Refrigerators/Freezers became the largest segment, with sales of 41.74B, a significant increase of 21.5% from 2020.
Haier's sales have been steadily increasing, with a total sales growth of 4.6% from 2021 to 2022.
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Here is a breakdown of Haier's sales by segment in 2022:
Haier's Overseas Home Appliance and Smart Home Business segment has been growing rapidly, with sales increasing by 10.9% from 2021 to 2022.
The company's sales are expected to continue growing, with a projected sales increase of 14.6% from 2023 to 2024.
Leadership
Haier Smart Home Company has a diverse and experienced leadership team.
The Board of Directors consists of 8 members, with a range of ages and backgrounds. The youngest member, Dalin Liu, is 45 years old and has been the Chairman since 2021-06-24.
The oldest member, Hon To Yu, is 77 years old and has been a Director/Board Member since 2021-03-04. The average age of the Directors is 61 years old.
Here is a list of the current Board of Directors:
Executive Committee
The Executive Committee is responsible for overseeing the strategic direction of Haier Smart Home Co., Ltd. Hua Gang Li serves as the CEO, having taken on the role in April 2019.
The committee is led by Hua Gang Li, who is 56 years old and has been in the position since April 28, 2019.
Wei Gong, the Director of Finance/CFO, has a wealth of experience, having been in the role since December 31, 2009. He is 52 years old.
Tao Liu is the Investor Relations Contact, but his age and exact start date are not specified. LIU Xiaome and Chi Yin Ng both hold the position of Corporate Secretary, but their ages and start dates are also not provided.
Here's a quick rundown of the Executive Committee members mentioned in the article:
Board of Directors Composition
The Board of Directors Composition is a crucial aspect of any company's leadership structure. Hua Gang Li has been serving as Chairman since April 28, 2019.
The board consists of a diverse group of individuals with varying levels of experience and expertise. Wei Gong, a 52-year-old Director/Board Member, joined the board on April 27, 2022.
Here's a breakdown of the Board of Directors:
Company Details
Haier Smart Home Co Ltd was incorporated in 1994, which is a significant milestone in the company's history.
The company operates its businesses through five segments, including Household Food Storage and Cooking Solutions, Air Solutions, Household Laundry Management Solutions, Household Water Solutions, and Other business segment.
Haier Smart Home Co Ltd has a massive workforce, with over 122,73 thousand employees.
Here are some key details about the company's revenue and net income:
- Revenue: 306.85 billion CNY (TTM)
- Net income: 20.35 billion CNY
The company's headquarters is located in Haier Information Industry Park, Laoshan District, Qingdao, China, with a postal code of 266101.
Sales Geographical Breakdown
Haier Smart Home Co., Ltd. has a significant presence in various geographical regions. The company's sales figures reveal a growing presence in different parts of the world.
Mainland China has been a major market for Haier Smart Home, with sales increasing from 108 billion yuan in 2020 to 142 billion yuan in 2024. The company's sales in America have also been steadily rising, from 63.7 billion yuan in 2020 to 79.53 billion yuan in 2024.
Haier Smart Home's sales in Europe have been increasing rapidly, from 16.51 billion yuan in 2020 to 32.09 billion yuan in 2024. The company's sales in South Asia have also seen significant growth, from 5.47 billion yuan in 2020 to 11.53 billion yuan in 2024.
The geographical breakdown of Haier Smart Home's sales is as follows:
Company Details:
Haier Smart Home Co Ltd is a China-based company that has been around since 1994. It's been a long time, but the company has managed to stay relevant in the market.
The company operates its businesses through five segments, each with its own unique products. These segments include Household Food Storage and Cooking Solutions, Air Solutions, Household Laundry Management Solutions, Household Water Solutions, and Other business segment.
Haier Smart Home Co Ltd has a massive workforce, employing over 122,73 thousand people. That's a lot of people working together to make the company successful.
Here are the company's key statistics:
- Revenue: 306.85 billion CNY (TTM)
- Net income: 20.35 billion CNY
The company's headquarters is located in Qingdao, China, and can be contacted through their phone number +86 53 288931670 or fax number +86 53 288931689.
Inspired Living
Haier Smart Home has made the list of "World’s Most Admired Companies" for seven consecutive years, a significant achievement that reflects its commitment to innovation, social responsibility, and global competitiveness.
The company serves over 1 billion households across nearly 200 countries and regions, showcasing its ability to build a truly global enterprise.
Haier has maintained the top position in global sales volume of major home appliances for 16 consecutive years, a testament to its strong competitive edge.
By localizing its strategies, Haier Smart Home has successfully created high-end brands that resonate with local consumers, such as Casarte in China and GE Appliances in North America.
Haier Smart Home has leveraged its industry-first intelligent interaction engine, the Smart Home Brain, to connect ecosystem partners and users, meeting the intelligent living demands of global consumers.
In China, the Smart Home Brain features the industry's first edge-side large model, HomeGPT, which has proactive perception and rational decision-making abilities, allowing users to experience "true intelligence" that understands them even without speaking.
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Frequently Asked Questions
Is Haier a US company?
No, Haier is not a US company, but rather a Chinese multinational corporation. It is headquartered in Qingdao, Shandong, China.
Who is the owner of Haier Company?
Zhang Ruimin is the founder of Haier Group, a Chinese multinational appliance and consumer electronics company. He founded the company in 1984 and served as its chairman and CEO until his resignation in 2021.
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