On April 7, Zhejiang Meida Industrial Co.Ltd(002677) ( Zhejiang Meida Industrial Co.Ltd(002677) ) announced that the annual report of 2021 achieved total operating revenue and net profit of 2.164 billion yuan and 665 million yuan respectively, with a year-on-year increase of 22.19% and 22.28% Zhejiang Meida Industrial Co.Ltd(002677) disclosed that according to the industry online data, the company’s market share exceeded 20% in 2021 and continued to maintain the leading position in the integrated stove industry.
According to the annual report, Zhejiang Meida Industrial Co.Ltd(002677) is the pioneer of the integrated stove industry and the first listed company. In 2003, through independent innovation, it successfully developed and produced China’s first integrated stove product integrating the functions of range hood system, stove and disinfection cabinet, creating the integrated stove industry and becoming a major revolution in the kitchen electricity industry. The sales volume of the company’s products far exceeds that of its competitors in the same industry, and continues to rank first in the industry, laying a leading position in the industry.
In 2021, Zhejiang Meida Industrial Co.Ltd(002677) with the goal of “China’s beautiful kitchen”, continued to increase R & D investment, continued to incubate new technologies and products, actively studied, developed and reserved forward-looking technologies such as kitchen intelligence and Internet of things, achieved remarkable results in technology upgrading, new product development and category expansion, and continued to lead the rapid development of the industry.
Zhejiang Meida Industrial Co.Ltd(002677) said that 2021 will lead the integrated stove industry into the era of intelligent frequency conversion, and related products will become another major breakthrough in the integrated stove industry Zhejiang Meida Industrial Co.Ltd(002677) released the strategy of “China’s beautiful kitchen – to be clean, to be quiet, to be beautiful and smart”, comprehensively upgraded the whole series of products of Meida, and applied many industry-leading technologies, such as DC frequency conversion brushless motor technology, low resistance static suction and exhaust system technology, oil fume automatic cruise technology, DC “smart” damper technology, 3D high-efficiency burner, intelligent gesture sensing technology, intelligent control cloud platform software, etc, It makes the integrated stove product leak free and low noise, reflects the net smoking, net smoke and mute, and solves the pain points of market consumption.
At the same time, Zhejiang Meida Industrial Co.Ltd(002677) accelerated the transformation of channels and promoted the development of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) deep integration. On the basis of consolidating the strong position of dealer channels, actively explore diversified emerging sales channels such as e-commerce, Ka, engineering, home decoration, decoration and community, accelerate the entry and distribution of chain home appliance store channels such as Gome and Suning, and chain building materials store channels such as Red Star Macalline Group Corporation Ltd(601828) , Easyhome New Retail Group Corporation Limited(000785) and Easyhome New Retail Group Corporation Limited(000785) and actively develop offline sinking channel outlets of Suning, jd.com and tmall through multiple channels Multi dimensional force and integrated development have realized the rapid growth of sales scale.
It is worth mentioning that Zhejiang Meida Industrial Co.Ltd(002677) disclosed that it took the lead in implementing machine replacement in the industry, realized intelligent production, and established a provincial machine replacement demonstration base. According to the report, Zhejiang Meida Industrial Co.Ltd(002677) is the largest and highly intelligent kitchen power manufacturing enterprise in the integrated stove industry. It has three production bases and the most high-end production equipment in the integrated stove industry. It has established the first automatic stamping manipulator line, automatic continuous die production line, automatic part assembly line and automatic final assembly line in the integrated stove industry, and introduced advanced integrated logistics management system, Three fully automatic and highly intelligent three-dimensional warehouses at the top level in the industry have been built.
For the 2022 business plan, Zhejiang Meida Industrial Co.Ltd(002677) said it would accelerate the construction of diversified sales channels, improve and optimize the marketing network system, and promote the integrated development of Wuxi Online Offline Communication Information Technology Co.Ltd(300959) high quality. At the same time, we will continue to increase R & D investment, promote technological innovation, accelerate new product R & D and lead the development of the industry.
Specifically, Zhejiang Meida Industrial Co.Ltd(002677) plans to continue to increase and accelerate the R & D, optimization and upgrading of new products such as integrated stoves, sinks, steamers, ovens, dishwashers and water heaters in 2022, ensure that the product quality is leading in the industry, actively extend to the upstream and downstream industries of integrated stoves, and constantly expand and enrich the product line in the kitchen field; At the same time, the company accelerated the promotion of overall home solutions, and continued to strengthen the research and reserve of cutting-edge technologies and products in the kitchen electricity industry, so as to meet the needs of consumers for health, environmental protection, wisdom and fashionable life.
