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Sanhua won the title of "Zhejiang Local Private Multinational Leading Enterprise in 2022"
2022.11.30 00.00

On the morning of November 30, the 5th Zhejiang Local Multinational Company Growth Forum and the launch ceremony of "Silk Road Pilot" New Three-year Action Plan (2023-2025) was held in Shao, co-organized by Zhejiang Provincial Department of Commerce, Shaoxing Municipal Government and Zhejiang Branch of Export-Import Bank of China. The list of "Zhejiang Local Private Multinational Leading Enterprises in 2022" was officially unveiled at the conference, and Sanhua Holding Group was named on the list.

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Zhejiang local private multinational Leading enterprises in 2022 "list

(Photo from: Zhejiang Commerce)

The "pilot enterprise" of Zhejiang local private transnational corporations shall be reported by the enterprises themselves, and the Zhejiang Provincial Department of Commerce shall organize and implement the evaluation work. The evaluation system consists of 23 data from five aspects, namely the transnational index of enterprises, the annual transnational business performance, the integration ability of global resource factors, the contribution to our province's economy, the fulfillment of overseas social responsibility and the compliance operation. After being graded according to weight and reviewed by experts, 50 private enterprises became the first batch of local private multinational companies in Zhejiang Province. It is worth mentioning that since 2018, Sanhua has been listed in the "Top 50 Zhejiang Local Private Enterprises in Transnational Operation" for five consecutive years and ranked in the front, which is also an affirmation of Sanhua's going out business strategy and achievements.


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"Pilot Enterprise" award ceremony site

Representative Sanhua (third from left) took the stage to accept the award

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In the early 1990s, Sanhua began to enter the international market, setting up the "Foreign Economic Department", and then the Foreign Trade Department and the International Trade Department, thus starting the journey of internationalization. Sanhua rewrote the competitive pattern of the global refrigeration and air conditioning control components industry through the reverse merger of the global business of four-way reversing valve of American Lankor Company. The acquisition of the United States R-Squared company, taking the first step of international production and manufacturing overseas distribution; The acquisition of Avico Group has realized the horizontal extension and expansion of the industrial chain to the field of home appliances, and the footprint of Sanhua has also been extended to Poland, Austria and Turkey. In addition, Sanhua has set up a plant in Mexico, a research and development center in Detroit, a research and development center in Houston, and a factory in South Vietnam, among which the second phase of the industrial park in Mexico was officially launched in October this year. Sanhua meets the needs of global customers, and constantly pursues the business model of "global production, global sales" to make Sanhua bloom in the world.

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三花全球布局图

In the future, Sanhua will continue to deepen the global business layout, promote business development and customer needs more widely and deeply combined, adhere to the main line of high-quality development, based on scientific and technological innovation, improve overseas operation efficiency, management ability and global operation ability. At the same time, we should strengthen the introduction and training of global talents, attract talents from the perspective of world-class enterprises, and complete the integration and utilization of global innovation resources and systems.