Changhong IT (Stock code 3991.HK)
With the business philosophy “to help with growth and support successful partners” and focus on new ICT integrated service providers, Changhong IT (stock code: 3991), a listed Hong Kong company with a state-owned shareholder, has established itself as a professional ICT solution service provider, ICT product distributor and professional smart terminal manufacturer and service provider, which integrates and optimizes domestic and international resources and offers its partners with better cloud-Internet-digital-intelligent integrated IT services to help them grow and succeed.
Changhong IT started its business in 2004, made its way into the ten-billion-yuan enterprises in 2011 and saw its revenue overpassing 40 billion yuan in 2020, topping the ICT industry. Staying among the “Top 10 Chinese Digital Ecology Value-added Distributors” for years, the company has won hundreds of accolades from local governments, associations and cooperating enterprises for its high performance in revenue, integrity, social responsibility fulfillment and brand image building.
◈ In December 2021, Sichuan Changhong Cloud Service Co., Ltd. was established.Build an Internet platform for China's manufacturing industry.
◈ In June 2021,Hongchuangjiapin started a new business model of hongdesign to provide full link comprehensive marketing services for customers of growing brands and mature factory brand businesses at home and abroad.
◈ In June 2021, ChanghongIT reached strategic cooperation with several leading manufacturers in the XR field to improve the ecological layout of the meta universe.
◈ In February 2021, ChanghongIT established Indonesia branch and sail overseas business.
◈ In2020，ChanghongIT's annual sales exceeded 40 billion yuan, entering a new step.
◈ On March 18, 2020, Changhong Jiahua is listed on the Main Board of the Hong Kong Stock Exchange (stock code 3991.HK). The company will take this opportunity to continue to accelerate its strategic upgrades and business innovation, and promote sustainable development of the company.
◈ In January 2020, ChanghongIT became the general distributor of Huawei, a well-known ICT infrastructure and smart terminal provider, in the distribution of its IT and data, intelligent computing and network energy products. The cooperation between the two parties has further enhanced ChanghongIT comprehensive ICT service capabilities.
◈ In September 2019, ChanghongIT's new B2B distribution platform Jiahuaduola was officially launched, and gradually expanded nationwide. It is an important step of ChanghongIT in its exploration of a new business model of the Internet distribution channel. Taking advantage of Internet technology, Jiahuaduola aims to connect dealers, distributors and manufacturers in the ICT industry and help them transform into Internet+ and new retail.
◈ In 2019, ChanghongIT's business scope will be further expanded with the company's positioning upgraded to a "new integrated ICT service provider" dedicated to providing partners with excellent integrated ICT services.
◈ In 2018, Sales of Changhong IT has increased to RMB 20 billion.
◈ In 2017, Changhong IT's wholly owned subsidiary Sichuan Changhong IT Duolayouhuo E-commerce Co., Ltd., was established to build a one-stop Internet distribution platform that provides upstream and downstream customers with in-depth industry chain process solutions, to help channels and retailers in their transformation to Internet+.
◈ In 2017, Sales of Changhong IT has exceeded RMB 20 billion.
◈ In 2016 Changhong IT combined the original B2B Internet marketing services website and traditional distribution e-commerce platform into the "Duolayouhuo" website, gradually building a bridge between Internet distribution and traditional distribution business.
◈ In 2016, Changhong IT held the Hyper-Converged Salon in its commitment to become a facilitator and leader in China's Hyper-Converged industrial development.
◈ The two sides work together to expand the Chinese IT services market and create a new pattern of the China Cloud market.
◈ In 2016, Changhong IT signed with Oracle to achieve great enhancement in integrated services capabilities in the Cloud field.
◈ In 2015, Changhong IT signed Sugon to distribute its products like servers and storage, to help the partner escort domestic user information safety.
◈ In 2015, Changhong IT relied on its outstanding ability and mature experience in the area of distribution and the company's network technology strength, to begin to test the water of Internet distribution.
◈ In 2014, Changhong IT signed Inspur and other partners, introduced multiple new technology products and solutions based on big data and mobile internet, successively brought in non-IT industry leading brands like De'Longhi, Kenwood, BRAUN and Philips, and applied a lot of resources and experience accumulated in the distribution industry in other fields. It broke through actively in various aspects, sought transformation and upgrading opportunities and achieved value growth together with partners.
◈ In January 2013, Changhong IT was listed on the GEM of the Stock Exchange of Hong Kong , which marked Changhong IT entry onto a higher development platform since then and continues to march towards the target of "becoming the most remarkable marketing company".
◈ In May 2013, Changhong IT Cloud Computing Center became the designated cloud assessment institution by the industry authoritative media DOIT and provided all-round cloud computing evaluation services for customer groups including manufacturers, distributors, industry users and professional ◈ media,which marked the specialty and authority of Changhong IT’s cloud computing service was recognized in the industry.
◈ In 2013, Changhong IT successively signed domestic and foreign famous manufacturers like NetApp and Belden, with its business scale continuing to expand and product lines further enriched.
◈ In 2012, Changhong IT reached a strategic cooperative relationship with Hua Xia Bank and Beijing Rokesoft Information Technology Co., Ltd. to jointly create new "growth express" financing platforms for Changhong IT distributors, initiated new financing patterns for small and micro businesses and provided strong support for the fast growth of cooperative partners.
◈ 2012, sales of Changhong IT reached RMB 14 billion, continued to maintain steady growth.
◈ 2011, Changhong IT has upgraded its domestic leading CDSClub into cloud computing experience and training center, and provided partners and users with cloud-based full process of data solutions and value-added services.
◈ In 2011, Changhong IT's sales performance again hit a new record high and reached RMB 12.8 billion, up 57% year-on-year, and stably entered the 10 billion enterprise camp, climbing up to a higher level in development.
◈ 2010, Changhong IT has obtained agent rights for the two new Apple products of iPhone and iPad, attracted high attention in the industry, and laid a good foundation for the distribution business growth of electronics fast consumption products.
◈ 2010, Sales of Changhong IT has exceeded 8 billion, achieved a growth rate of above 40% for two consecutive years, and maintained healthy and strong development trend.
◈ In 2009, Changhong IT proudly launched "escort program" for all the upstream and downstream partners. With professional IT services as the core, integrate the power of upstream and downstream of industrial chain, help upstream manufacturers to explore market, and create more market opportunities for downstream agents.
◈ In December, 2009, Changhong IT cooperates with many international renowned manufacturers to hold a tour of intelligent building, constructs a good communication platform for manufacturers and integrators; meanwhile, Changhong IT has introduced distribution model into industrial automation field, takes a new step on the way of "cross marketing" in distribution industry, brings invaluable and helpful experience for development of other distribution channels and exploration of new business models by IT distribution industry.
◈ 2009, Sales of Changhong IT has increased by 46% compared to the same period, with a sales of RMB 5.4 billion, sales volume achieved a growth breakthrough, indicating that the business of Changhong IT steps into a new development stage.
◈ In December 2008, Changhong IT has held "Changhong IT Good Partners", the first partners thanksgiving meeting. This thanksgiving meeting was held in the 11 branches including Shanghai, Wuhan, Nanjing, Xi'an, Zhengzhou, Jinan, Hangzhou, Fuzhou, Shenyang, Guangzhou and Chengdu, and received enthusiastic response of participating partners.
◈ In March 2007, Changhong IT has invested 30 million to set up an national leading data solutions laboratory, provides storage manufacturers, channel partners and users with a platform for technical communication, technical training, products evaluation and production display. In August, Changhong IT has announced the upgrading of SANClub with many years of successful operation to CDSClub, and released the cross platform technical integration.
◈ In November 2007, Changhong IT has signed a contract with Honeywell, and becomes the general manager of Honeywell security products and related solutions in China, tried to start the cross distribution model from IT distribution industry to security industry.
◈ In July 2006, Changhong IT held its partners meeting in Inner Mongolia, a number of upstream partners and distributor representatives attended this meeting. At the meeting, Changhong IT announce the next five year development plan, would strive to become "the best marketing company in China". This meeting strengthened the strategic alliance between Changhong IT and key partners, is a very significant milestone for Changhong IT's development history.
◈ In April 2005, Changhong IT has worked with many international manufacturers to launch SANClub"3S strategy" and V plan, expand the application of SAN technology in China.
◈ In 2005, Changhong IT has signed contracts with Apple company、BakBone Software、ZTE communication. As the general agent of them, Changhong IT is fully responsible for the marketing of those products in Chinese market.
◈ In October 2004, the domestic home appliance giant Sichuan Changhong Financing, Sichuan Changhong IT was officially established. The original business including IBM, ThinkPad, APC, D-link, HDS, Brocade and so on was smoothly transited and entered a new stage of development.
Chairman and President
Changhong Jiahua Holdings Limited./Changhong IT Information Products Co, Ltd.
Changhong IT will take "seeking of truth, difference and development" as the core, adhere to the business philosophy of "being a good partner to help improvement and support success", and strive to build a good corporate brand and competitiveness. Changhong IT will become a remarkable listed marketing company, taking ICT business with good profitability as its core value.