Haier Recognized as World’s Most Admired Company by Fortune For 6th Consecutive Year

Leading home appliance and electronics brand, Haier Smart Home has been recognized as one of the world's most admired companies by Fortune Magazine for the 6^th consecutive year. This new recognition comes in addition to Haier securing the World Fortune 500 ranking and Euromonitor’s raking as the #1 Global Major Appliance brand in the world.

Fortune released the 26th edition of the World’s Most Admired Companies, acknowledging global businesses celebrated for their robust corporate reputations. Teaming up with Korn Ferry, Fortune annually evaluates and ranks companies from a pool of 645 global enterprises with the highest revenue in 27 countries and diverse industries. Executives, directors, and analysts actively engage in industry surveys, contributing to the selection process. These companies stand out for their excellence in innovation, people management, use of corporate assets, social responsibility, quality management, financial stability, long-term investment value, and global competitiveness.

Speaking on the accomplishment, Mr. Satish NS, President, Haier Appliances India, said, “Being recognized by Fortune Magazine as one of the World’s Most Admired Companies instils a sense of pride and honour in each of us at Haier. This recognition is a testament of our commitment to creating innovative products inspired by what our customers need, and further helps us push the boundaries of innovation to make everyday life more convenient, safe and comfortable for millions across the world.”

Haier remains steadfast in its dedication to customer-inspired innovation, placing a strong emphasis on improving the customer experience and striving to create new growth opportunities in the IoT era. 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 SMART HOME

Haier Smart Home was founded in 1984 as a subsidiary of Haier Group and is a leading enterprise focused on providing smart and better-lifestyle solutions, and is also the largest household appliances maker globally, employing more than 100,000 people worldwide.

Haier Smart Home has built a portfolio of global brands including Haier, Casarte, Leader, GE Appliances, Candy, Fisher&Paykel and AQUA, providing customers with a customized smart home experience, end-to-end and full-life-cycle service.

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 15 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

For more information, please contact:

Nikita Hooper: nikita.hooper@haierindia.com

Manisha Tyagi | manisha.tyagi@2020msl.com