Zhejiang Xingxing Refrigeration Co.,Ltd
About
Zhejiang Xinxing Cold Chain Integration Co., Ltd. (formerly Zhejiang Xinxing Home Appliances Co., Ltd.) is a joint-stock enterprise formed in September 2010 when Xinxing Group spun off its home appliance sector. The company has five wholly-owned subsidiaries, including Jiangsu Xinxing Home Appliance Technology Co., Ltd., and 24 joint marketing/sales companies across the country. Its main products include freezers, refrigerators, and commercial cold chains, with freezer production and sales ranking among the top in the industry for many consecutive years. In 2015, it achieved sales of over 4 billion yuan and paid taxes exceeding 400 million yuan, ranking fifth among the "Top Ten" in China's home appliance industry.
Xinxing has accumulated over 20 years of operational experience in the home appliance industry, establishing a comprehensive marketing network and a first-class innovation and research and development system. The domestic market has nearly 10,000 sales outlets covering urban and rural areas, with more than 3,200 after-sales service points; the international market focuses on North America, Asia, and the Middle East, with products exported to over 130 countries and regions. The company places great importance on research and development innovation, with R&D expenses accounting for 3.5% of its annual budget and nearly 10% of its workforce being professional R&D personnel. It has been recognized as a patent demonstration enterprise in Zhejiang Province, a postdoctoral workstation in Zhejiang Province, and a national-level enterprise technology center, owning two CNAS laboratories and obtaining nearly 100 patents.
Looking to the future, the company will uphold the core values of "innovation, development, sharing, and prosperity," closely adhering to the "four modernization" goals of "industry specialization, capital socialization, business internationalization, and management scientificization." It aims to keep pace with the trends of consumer upgrading and the Internet of Things development, striving to complete a magnificent transformation from a professional freezer production supplier to a "smart cold chain solution + equipment supplier" within 2 to 3 years. At the same time, it will accelerate the process of going public, aiming to absorb, integrate, and utilize more social resources to achieve sustainable and healthy development of the enterprise.
Xinxing has accumulated over 20 years of operational experience in the home appliance industry, establishing a comprehensive marketing network and a first-class innovation and research and development system. The domestic market has nearly 10,000 sales outlets covering urban and rural areas, with more than 3,200 after-sales service points; the international market focuses on North America, Asia, and the Middle East, with products exported to over 130 countries and regions. The company places great importance on research and development innovation, with R&D expenses accounting for 3.5% of its annual budget and nearly 10% of its workforce being professional R&D personnel. It has been recognized as a patent demonstration enterprise in Zhejiang Province, a postdoctoral workstation in Zhejiang Province, and a national-level enterprise technology center, owning two CNAS laboratories and obtaining nearly 100 patents.
Looking to the future, the company will uphold the core values of "innovation, development, sharing, and prosperity," closely adhering to the "four modernization" goals of "industry specialization, capital socialization, business internationalization, and management scientificization." It aims to keep pace with the trends of consumer upgrading and the Internet of Things development, striving to complete a magnificent transformation from a professional freezer production supplier to a "smart cold chain solution + equipment supplier" within 2 to 3 years. At the same time, it will accelerate the process of going public, aiming to absorb, integrate, and utilize more social resources to achieve sustainable and healthy development of the enterprise.