HAIER RECOGNIZED AS WORLD’S MOST ADMIRED COMPANY BY FORTUNE

Fortune released the 25th edition of the World’s Most Admired Companies wherein Haier Smart Home, the world’s leading home appliance brand, smart home ecosystem builder and a subsidiary of Haier Group, has re-entered the list again, ranking no.1 for companies in the home equipment & furnishings industry.

The Fortune Global Most Admired Companies were selected from 645 global companies with the highest revenue in 27 countries and various industries were selected by 3,760 executives, directors, and analysts, who had responded to the industry surveys. The criteria of judgment were on the basis of innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products/services, and global competitiveness.

Speaking on the accomplishment, Mr. Satish NS, President, Haier Appliances India said, “It is a moment of great pride for us to re-enter in Fortune Magazine's list of the World’s Most Admired Companies. This recognition is an outcome of our continuous commitment towards our brand philosophy of ‘Inspired Living’ and the partnership we have built with consumers, communities, and all other stakeholders. This will further boost our endeavor in offering customer inspired innovation making everyday life more comfortable, convenient, secure, and safe”

This is another global recognition for Haier Smart Home, after recently being ranked the no.1 brand globally in major appliances for the 14th year in the row on the 2022 annual report released by Euromonitor International, the world's authoritative research organization. Haier has also been felicitated with ‘The Most Energy Efficient Appliance’ award by the Bureau of Energy Efficiency (BEE) – Ministry of Power, Government of India at National Energy Conservation Awards (NECA) – 2022 for adopting sustainable and environment-friendly ways of manufacturing and delivering to ensure minimal impact on our surroundings and planet.

With a focus on enhancing consumer experience and commitment towards the vision of “creating new growth engine in the era of IoT with Rendanheyi Model”, Haier is committed to working with its world-class ecosystem partners to continuously build upscale brand, scenario brand and ecosystem brand, and to set up IoT ecosystems in clothing, food, accommodation, travel, health, elderly care, biomedicine and education, and to tailor personalized smart life for users around the globe.

ABOUT HAIER INDIA

Haier India, headquartered at Greater Noida, has pan India operations and a vast distribution network across the country along with a manufacturing facility in Pune, Maharashtra. Product offerings of Haier India range from refrigerators, air conditioners, washing machines, TVs, water heaters, and freezers to microwave ovens, with a special focus on local needs. For example, washing machines that work at nearly Zero Water Pressure help solve the biggest challenge that Indian consumers face in their daily lives, while Haier Bottom Mounted Refrigerators have also been well received by Indian consumers due to its large refrigeration capacity which caters to local people’s dietary habits. A larger refrigeration capacity means the consumer can store more vegetables while the refrigerator also makes people’s lives easier by placing the refrigerating chamber at the top of the machine.

ABOUT HAIER GROUP

Established in 1984, Haier Group is a world-leading provider of solutions for a better life. Focusing on user experience, Haier has been included on the list of BrandZ Top 100 Most Valuable Global Brands for three consecutive years as the world’s first and only IoT ecosystem brand. Haier has topped Global Major Appliances Brand Rankings by Euromonitor International for 13 consecutive years. Its subsidiary Haier Smart Home is among the list of Global 500 of Fortune. To date, Haier Group owns three listed companies, and has seven global premium brands such as Haier, Casarte, Leader, GE Appliances, Fisher & Paykel, AQUA and Candy, and the world's first scenario brand THREE WINGED BIRD, built the world's leading industrial Internet platform COSMOPlat. It has successfully incubated 5 unicorn companies and 90 gazelle companies. Moreover, Haier has deployed 10+N innovation ecosystems, 29 industrial parks, 122 manufacturing centers, and nearly 240,000 sales networks, reaching 160 countries and regions and serving 1 billion + user families around the world.

Haier Group is committed to working with its world-class ecosystem partners to continuously build a premium brand, scenario brand, and ecosystem brand, and to set up IoT ecosystems in clothing, food, accommodation, travel, health, elderly care, biomedicine and education, and to tailor personalized smart life for users around the globe. *According to the Euromonitor ranking 2022

MEDIA CONTACT: For more information, please contact:

Prachi Kaushik:  prachi.kaushik@haierindia.com

Manisha Tyagi: manisha.tyagi@2020msl.com