Established in 1958, Changhong has been the best selling of TV in Chinese market for recently 20 consecutive years. It has witnessed significant prosperity and is now one of the largest Chinese consumer electronics and home appliances providers specializing in R&D, manufacturing and marketing of various series of products including TV, refrigerator, air conditioner, cell phone, electronic components, plasma panel, compressor, etc. CHANGHONG became a public company listed on the Shanghai Stock Exchange in 1994. CHANGHONG has established 12 production bases in Zhongshan of Guangdong province, Nantong of Jiangshu province , Hefei of Anhui province , Jingdezhen of Jiangxi province etc, and 5 R&D centers in Beijing, Shanghai, Shenzhen, Chengdu and Mianyang. CHANGHONG has 42 subsidiaries (including 7 overseas subsidiaries in Australia, Russia, Czech, South Korea, Indonesia, Hong Kong and Middle East) and has set up 7 liaison offices in USA, France, Turkey, India, and Thailand etc. It provides the customers with the strength of R&D, production, sales, service in more than 100 countries and regions.In 2011, the annual turnover of Changhong was USD 11 billion and the brand value of Changhong was more than USD 10 billion.