The 2011 global supplier annual meeting of CHIGO Group was held at September 3rd, with its theme-show great foresight, achieve higher success. More than 500 suppliers and strategy partners such as International Copper Association, GMCC etc. attended the meeting.

Mr. Li Xinghao, the president of CHIGO Group made a speech on the meeting, and put a premium on the glorious achievement of last year. Last year, CHIGO could finish the whole year sale target at the domestic market 3 month earlier than schedule, and oversea sale gets a great increase to Top-Three at industry as well as commercial AC business enter the overwhelming best development term. At the same time ,other business of CHIGO Group also shows its good performance in the market. Generally speaking, no matter at sale volume, net profit , increase rate or gross profit, CHIGO did a good job at the 2010 cold year (means from August 2009 to June 2010).

“Last year is the first year that CHIGO enter the Hong Kong Stock market and it is a milestone year that record the development history of CHIGO. And year 2011, would be another great year for CHIGO.” During the speech, Mr. Li Xinghao described the strategy and development plan for 2011. He said, CHIGO will push 3 strategy transfer at 2011. The first is CHIGO will turn to multi-business group and strengthen division business mode and enlarge the authority of first head. The second is human resource strategy will focus on develop the competitiveness of talent at future. The third is that CHIGO will strengthen industry collaboration within the value system in order to build long term wealth Community.”

Mr. Li Xinghao also said in the coming New Year CHIGO will continually strengthen the cooperation with the upstream and downstream industry chain which will be the new core strategy of CHIGO at new period. At the same time CHIGO will also do great effort at product innovation and improve its strength at energy saving product to achieve its 10 million sets within 2 years & hundred billion Yuan at 10 years strategy.
 

On the meeting, Dr. Zheng Zhuyi, the vice president of CHIGO introduced the development ability, production and supplying system of CHIGO. At 2010, CHIGO will have a new improvement on the research and development ability. In the national energy saving and beneficial to people project, CHIGO win many championship title at the bidding. CHIG