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Changhong IT (Stock code 3991.HK)

          ChanghongIT is a state-owned company listed in Hong Kong (stock code 3991),With the business philosophy “to help with growth and support successful partners”, pursuing to become a remarkable digitalization and intelligentization comprehensive service provider in the new era,. Leverage core digital and intelligent capabilities to empower ourselves and partners for value enhancement. Our dedication is to deliver partners with pan-ICT online and offline new circulation ecological services, ICT infrastructure and services, as well as enterprise cloudification & cloud data intelligence and services, in order to help partners grow and succeed in a long and sustainable manner.

        ChanghongIT started its business in 2004, entered the 10-billion enterprise camp in 2011, and went public in Hong Kong in 2013. In 2020, its business scale exceeded 40 billion yuan, ranking among the top enterprises in the ICT industry. Company perennial's top ten "China digital ecological value-added distributor", in build innovation ecological fu to excellence, with the development of the digital industry gains "industry innovation model" and "digital transformation impetus" award, and in marketing performance, the good faith management, social responsibility, the brand image category for the local government, authority association, the cooperative enterprise hundreds of honor award.

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Culture
Orientation
Changhong IT is a state-owned company listed in Hong Kong,With the business philosophy “to help with growth and support successful partners”, pursuing to become a remarkable digitalization and intelligentization comprehensive service provider in the new era. Leverage core digital and intelligent capabilities to empower ourselves and partners for value enhancement. Our dedication is to deliver partners with pan-ICT online and offline new circulation ecological services, ICT infrastructure and services, as well as enterprise cloudification & cloud data intelligence and services, in order to help partners grow and succeed in a long and sustainable manner.
Visioning
Visioning
To become a remarkable digitalization and intelligentization comprehensive service provider in ChinaTo be an exceptional listed company that brings good returns for shareholders.To be a paradise for career development of professional managers.
Management philosophy
Management philosophy
To help with growth and support successful partners We strive to coordinate resources, provide digital intelligent service for sustainable growth of partners in a specialized way, and work with partners to expand the ecology of digital intelligence, create new value of digital intelligence and share development achievements in the new era.
Culture
Culture
Targeted-result orientationSimple and direct communicationSeek truth, seek difference and seek another possibility
Visioning
Visioning
01
Management philosophy
Management philosophy
02
Culture
Culture
03
History
2023
  In November 2023, ChanghongIT Joined the "Low altitude intelligent networking 100 City's program", and started the low altitude economic business.
  In October 2023, ChanghongIT was selected one of the "2023 China top 50 VR companies".
2022
  In December 2022, ChanghongIT officially released the brand's new proposition of "Being a digital intelligent value partner", building and improving digital and intelligent core capabilities, empowering itself, partners and customers to enhance their value, and becoming an outstanding digital intelligent integrated service provider and value partner in the new era.
  In July 2022, ChanghongIT innovatively built a digital cloud ecological integrated service platform, aggregating cloud ecological head manufacturers and various cloud products and service supply resources, providing a wealth of cloud solutions for enterprise digital scenarios, and boosting partners to realize the transformation of business data intelligence.
2021
  In December 2021, Sichuan Changhongyun Service Co., Ltd. was established to create an Internet platform for China's manufacturing industry.
  In June 2021, HongChuangjia opened the new business model of HongDesign to provide full-link integrated marketing services for customers with brand business of growing brands and mature factories at home and abroad.
  In June 2021, ChanghongIT reached strategic cooperation with a number of leading manufacturers in the XR field to improve the ecological layout of the meta-universe.
  In February 2021, ChanghongIT set up an Indonesian branch and set sail for business.
2020
  In 2020, ChanghongIT annual sales exceeded 40 billion yuan, and its business scale reached a new level.
  On March 18, 2020, ChanghongIT was listed on the Main Board of the Hong Kong Stock Exchange (stock code 3991.HK). The company will take this board transfer as an opportunity to continue to accelerate strategic upgrading and business innovation, and promote the sustainable development of enterprises.
  In January 2020, ChanghongIT became the general distributor of Huawei, a well-known ICT infrastructure and intelligent terminal provider, acting for its IT and data, intelligent computing, and network energy products. The cooperation between the two parties has further improved ChanghongIT ICT comprehensive service capability.
2019
  In 2019, ChanghongIT continued to maintain the growth trend of traditional distribution business; Invest in cutting-edge technologies such as big data, cloud computing, and the Internet of Things; Strive to build a B2B electronic new distribution e-commerce platform and build a new distribution ecology. The annual sales scale reaches 30 billion yuan.
  In 2019, the business area of ChanghongIT has further expanded, and the enterprise positioning has been upgraded to a "new ICT integrated service provider", which is committed to providing more excellent ICT integrated services for partners.
  In 2019, ChanghongIT new B2B distribution platform "ChanghongIT DORA" was officially launched and has since been promoted nationwide, marking another step forward for Changhong Jiahua in exploring the construction of an Internet distribution business model. "JChanghongIT DORA" uses Internet technology to connect distributors, dealers and manufacturers in the ICT industry to help them transform to Internet + and new retail.
2018
  In 2018, ChanghongIT Good Partner Appreciation Meeting was held again. As the only ICT integrated service provider that has independently planned and successfully held the partner appreciation party for ten consecutive years, ChanghongIT has always insisted on changing according to the situation, constantly improving the ability of market activities, and creating a good communication platform for ecosystem partners.
  In 2018, ChanghongIT achieved annual sales of 21.7 billion yuan, continued professional channel management, laid out new technology business, upgraded the Internet distribution platform, and the electronic proportion of business processes reached more than 90%.
2017
  In 2017, the wholly-owned subsidiary of Changhongit, "Sichuan ChanghongIT DORA Youhuo E-commerce Co., LTD." was formally established to build a one-stop Internet distribution platform that provides in-depth solutions for the whole process of the industrial chain for upstream and downstream customers, and helps channel operators and retailers to transform to Internet +.
  In 2017, ChanghongIT steadily developed traditional distribution business, actively laid out cloud computing and big data, and promoted the landing of solutions; Build and optimize the Internet distribution platform, and explore the construction of Internet distribution business models. The annual sales performance exceeded 20 billion yuan, and the business scale and profit continued to maintain good growth.
2016
  In 2016, ChanghongIT integrated the original B2B Internet marketing service website with the traditional distribution e-commerce platform into a "Doola-Youhuo" website, and gradually built a bridge between Internet distribution and traditional distribution business.
  In 2016, Changhong Jiahua held a hyperintegration salon, committed to becoming a promoter of the development of China's hyperintegration industry.
  In 2016, ChanghongIT signed a contract with Oracle, and the comprehensive service capability in the cloud field was effectively improved. The two sides will work together to expand the Chinese market and create a new pattern of the Chinese cloud market.
2015
  In 2015, ChanghongIT signed a contract with Zhongke Dawning, acting as its server, storage and other products to help partners escort domestic user information security.
  In 2015, relying on the excellent ability and mature experience in the field of distribution, as well as the company's strong strength in network technology, ChanghongIT preliminarily tested the water of Internet distribution.
2014
  In 2014, ChanghongIT signed with partners such as Wave, introduced a variety of new products and solutions based on big data, mobile Internet and other technologies, and introduced Philips and other non-IT international brands to realize cross-border application of a large amount of resources and experience accumulated in the distribution industry. Actively make breakthroughs in all aspects, look for opportunities for transformation and upgrading, and share value growth with partners.
2013
  In January 2013, ChanghongIT was listed on the GEM of the Stock Exchange of Hong Kong. It marks that Changhong Jiahua Company has stepped into a higher development platform and continued to move forward to the long-term development goal of the enterprise.
  In May 2013, ChanghongIT Cloud Computing Center became the designated cloud evaluation organization of DOIT Media, providing cloud computing evaluation services for customer groups including manufacturers, channel providers, industry users, and professional media, marking the professional recognition of ChanghongIT cloud computing services.
2012
  In 2012, ChanghongIT sales reached 14 billion yuan, continued to maintain steady growth.
  In 2012, ChanghongIT signed a contract with well-known manufacturer MOTOROLA, and the agent product line was further expanded.
2011
  In 2011, the sales performance of ChanghongIT reached a new record high, reaching 12.8 billion yuan, an increase of 57%, and steadily entered the camp of tens of billions of enterprises, and the development of enterprises has reached a higher level.
  In 2011, ChanghongIT upgraded the original data solution experiment center to cloud computing experience and training center, providing partners and users with cloud-based data whole process solutions and value-added services.
  In 2011, ChanghongIT and Corning Communications officially signed a contract to join the Corning Enterprise network distribution channel, representing its data center, storage network, fiber to desktop and high-end shielded copper cable wiring products and solutions.
2010
  In 2010, the sales of ChanghongIT exceeded 8 billion yuan, achieving a growth rate of more than 40% for two consecutive years, maintaining a healthy and strong development trend.
  In 2010, ChanghongIT obtained the agency of iPhone and iPad, two major Apple new products, which was highly concerned by the industry, laying a good foundation for the growth of electronic FMCG distribution business.
2009
  In 2009, the sales of ChanghongIT increased by 46% year-on-year, reaching 5.4 billion yuan, and the sales scale achieved a breakthrough growth, marking that ChanghongIT's business has entered a new stage of development.
  In 2009, ChanghongIT successively signed contracts with Dell EMC, DELL, Avaya, Schneider Electric and other well-known product manufacturers, which made ChanghongIT's product layout more perfect and better enhanced its ability to serve its partners.
  In December 2009, ChanghongIT, together with several well-known manufacturers, held a tour exhibition of building intelligence, which built a good communication platform for manufacturers and integrators. At the same time, Changhong Jiahua introduced the distribution model into the field of industrial control, and took a new step on the road of "cross-border marketing".
  In 2009, ChanghongIT has reached strategic cooperation with many well-known domestic manufacturers, such as Neusoft, Gaode, China Mobile, and Xinxingtong, to jointly develop location-based service applications such as Internet of Vehicles, Home Internet of Things, and Beidou Trial Distribution.
  In 2009, ChanghongIT launched the "Escort Plan" for all upstream and downstream value-added partners. Take professional IT services as the core, aggregate the strength of the upstream and downstream of the industrial chain, help upstream manufacturers to tap the market, and create more market opportunities for downstream agents.
2008
  In December 2008, ChanghongIT held the first "Jiahua Good Partner" partner appreciation meeting. The meeting was successfully held in 11 branches in Shanghai, Wuhan, Nanjing, Xi 'an, Zhengzhou, Jinan, Hangzhou, Fuzhou, Shenyang, Guangzhou and Chengdu, which aroused warm response and welcome from participating partners.
2007
  In December 2007, ChanghongIT became the general agent of Avocent, responsible for the overall sales of IT equipment and related solutions for small and medium-sized enterprises in China.
  In November 2007, ChanghongIT signed a contract with Honeywell to become the general agent of Honeywell security products and related solutions in China, and began to trial cross-border distribution model from the IT distribution industry to the security industry.
  In August 2007, ChanghongIT announced that SANClub, which had successfully operated for several years, was officially upgraded to CDSClub, achieving cross-platform technology integration.
  In March 2007, ChanghongIT invested 30 million yuan to set up a storage laboratory, which provides a platform for technical exchange, technical training, product evaluation and product display for storage manufacturers, channel partners and users.
2006
  In July 2006, ChanghongIT passed the second-level qualification certification of Computer information system integration of the Ministry of Information Industry.
  In July 2006, ChanghongIT Partner Conference was held in Inner Mongolia, and many upstream partners and dealer representatives attended the conference. At the meeting, ChanghongITannounced the next five years development plan, and strive to become "China's excellent marketing company". This meeting deepened the strategic alliance between ChanghongIT and its core partners, and wrote an important milestone for the development of ChanghongIT.
2005
  In September 2005, ChanghongIT signed a contract with ZTE to carry out strategic cooperation in the field of enterprise network products, and ChanghongIT became the general distributor of ZTE's enterprise network products.
  In July 2005, ChanghongIT signed an agency agreement with BakBone Software (later acquired by QUEST), a well-known storage management software provider. As the general agent of BakBone Software, snphr.cnpany was fully responsible for the sales of the product in the Chinese market.
  In May 2005, ChanghongIT signed an agency agreement with Apple, and became the domestic general agent of iPod series products as a first-level partner of Apple.
  In April 2005, ChanghongIT joined hands with a number of international manufacturers to launch SANClub "3S strategy" and V plan to expand the application of SAN technology in China.
2004
  In October 2004, ChanghongIT was officially established. The company's original IBM, ThinkPad, APC, HDS, Brocade and other businesses have smoothly transited and entered a new stage of development.
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