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Changhong Meiling

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uuid003h4pe

Namestring
Changhong Meiling
Legal namestring
长虹美菱股份有限公司 (Changhong Meiling Co., Ltd.)
Websiteurl
meiling.com
Company typeenum
Public
Founded yearint
1992
Descriptiontext

Changhong Meiling (长虹美菱股份有限公司, szse:000521) is a Chinese home appliance manufacturer headquartered in Hefei, Anhui Province, founded in 1992 and operating as a publicly listed subsidiary of Changhong Group (长虹集团), a diversified electronics conglomerate. The company produces a broad portfolio of consumer appliances including refrigerators, air conditioners, washing machines, kitchen appliances, water heaters, and smart TVs, with a specialized sub-brand M-Xiansheng Lab (M鲜生实验室) focused on fresh-preservation technology for refrigeration products. The company serves primarily domestic Chinese households through retail distribution networks while also expanding internationally, with Q1 2026 overseas sales growing double-digits in key categories as it gains share from Korean competitors in global markets.

The company crossed 30 billion yuan in annual revenue for the first time in 2025, but profitability deteriorated sharply, with net profit declining more than 40% in 2025 and H1 2026 net profit guidance indicating an 85-87% year-over-year decline from 417 million yuan. Margin compression is attributed to rising raw material costs (non-ferrous metals, chemicals), increased shipping costs, weak end-consumer demand tied to real estate market adjustments, intensified industry competition compressing average selling prices, and strategic investments in digital transformation and brand building. As of mid-2026, the company has filed a major asset restructuring application with the China Securities Regulatory Commission, signaling potential portfolio reconfiguration. Customer engagement includes a community forum platform (bbs.meiling.com) and a customer service hotline, with primary go-to-market through domestic retail distribution and emerging international channels.

Short descriptiontext

Changhong Meiling is a Chinese publicly-listed home appliance manufacturer (subsidiary of Changhong Group) producing refrigerators, air conditioners, washing machines, kitchen appliances, and smart TVs for domestic Chinese households and international markets, with 2025 revenue exceeding 30 billion yuan.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersHefei, China
HQ citystring
Hefei
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
household refrigerators, home appliances, air conditioners, washing machines, kitchen appliances
Industry3 codes
1Smart Appliances & Kitchen/Laundry (Major/Small Appliances)
CodeHSAPAQAEPrimaryYes
2Refrigeration & Freezer Retail (Refrigerators, Freezers, Wine/Beverage Coolers)
CodeCRACACABPrimaryNo
3HVAC & Air Treatment Appliance Retail (Air Conditioners, Heat Pumps, Air Purifiers/Dehumidifiers)
CodeCRACACAEPrimaryNo
NAICS code3 codes
  • Household Appliance Manufacturing3352
  • Major Household Appliance Manufacturing33522
  • Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing3334
SIC code1 code
  • Household Appliances3630
Product category
Home Appliances
Social media profiles1 record
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Marketing or Sales, Technology or R&D, Personnel
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1M鲜生实验室
Description

Product testing and innovation lab brand mentioned on the community forum section, focusing on fresh preservation technology for refrigerators.

bbs.meiling.com
Core offering1 text field

Changhong Meiling manufactures and sells a wide range of household appliances including refrigerators, freezers, air conditioners, washing machines, kitchen appliances, water heaters, and smart TVs. The company is a major Chinese appliance maker and a subsidiary of Changhong Group, producing energy-efficient, fresh-preserving home appliances under its own brand and sub-brands such as M Xiansheng Laboratory.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Overseas refrigerator sales grew 10.7% and washing machine sales grew 13.5% in Q1 2026, demonstrating successful international expansion.
Product overview1 text field

Changhong Meiling (长虹美菱股份有限公司) is a major Chinese home appliance manufacturer producing a comprehensive portfolio of consumer appliances including refrigerators, air conditioners, washing machines, water heaters, kitchen appliances, and smart TVs. The company operates under the Changhong group and maintains specialized divisions like M鲜生实验室 (M-Xiansheng Lab) focused on fresh-keeping technologies for refrigeration products. The product lineup spans major white goods and smart home appliances, with distribution through community forums and the Meiling official website ecosystem.

Product and service1 record
1Refrigerators
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

China's leading air conditioner manufacturer with growing white goods portfolio. Directly competes with Meiling especially in air conditioners but also in broader home appliance categories within the Chinese market.

TypeBroad incumbent
Description

Global Swedish home appliance manufacturer with presence across refrigerators, washing machines, and kitchen appliances. Comparable as an international peer competing in many of the same overseas markets where Meiling is expanding.

TypeBroad incumbent
Description

Korean global incumbent in consumer electronics and home appliances. Cited in Meiling's competitive landscape as one of the Korean brands losing share to Chinese manufacturers including Meiling in overseas markets.

TypeBroad incumbent
Description

Korean electronics major and one of the Korean competitors from which Meiling is gaining overseas market share. Directly relevant as a benchmark competitor in global white goods markets where Meiling is expanding.

TypeDirect peer
Description

Major Chinese home appliance manufacturer with a comprehensive portfolio spanning air conditioners, refrigerators, washing machines, and kitchen appliances. Directly competes with Meiling across virtually all product categories in both domestic and international markets.

TypeDirect peer
Description

Expanding Chinese electronics major in white goods and smart home appliances alongside its TV business. Overlaps with Meiling in refrigerators, washing machines, and connected home appliances in the Chinese and overseas markets.

TypeDirect peer
Description

Major Chinese manufacturer of refrigerators, air conditioners, and washing machines under the Hisense brand plus the legacy Kelon brand. Directly comparable to Meiling in product mix and domestic market positioning.

TypeRegional player
Description

Chinese electronics group with smart TV and white goods businesses. Comparable as a domestic Chinese competitor with overlap in smart appliances and consumer electronics, particularly relevant for Meiling's smart TV line.

TypeBroad incumbent
Description

Global incumbent in major home appliances including refrigerators and washing machines. Comparable as a broader industry player whose international presence and brand portfolio overlap with Meiling's overseas expansion ambitions.

TypeDirect peer
Description

China's largest home appliance manufacturer and the dominant player in refrigerators and washing machines. Directly comparable to Meiling across the full white goods portfolio including refrigerators, washing machines, and air conditioners, serving similar Chinese household consumers.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Changhong Meiling

Home Appliancesmeiling.com

Changhong Meiling is a Chinese publicly-listed home appliance manufacturer (subsidiary of Changhong Group) producing refrigerators, air conditioners, washing machines, kitchen appliances, and smart TVs for domestic Chinese households and international markets, with 2025 revenue exceeding 30 billion yuan.

What Changhong Meiling does

Changhong Meiling (长虹美菱股份有限公司, szse:000521) is a Chinese home appliance manufacturer headquartered in Hefei, Anhui Province, founded in 1992 and operating as a publicly listed subsidiary of Changhong Group (长虹集团), a diversified electronics conglomerate. The company produces a broad portfolio of consumer appliances including refrigerators, air conditioners, washing machines, kitchen appliances, water heaters, and smart TVs, with a specialized sub-brand M-Xiansheng Lab (M鲜生实验室) focused on fresh-preservation technology for refrigeration products. The company serves primarily domestic Chinese households through retail distribution networks while also expanding internationally, with Q1 2026 overseas sales growing double-digits in key categories as it gains share from Korean competitors in global markets.

The company crossed 30 billion yuan in annual revenue for the first time in 2025, but profitability deteriorated sharply, with net profit declining more than 40% in 2025 and H1 2026 net profit guidance indicating an 85-87% year-over-year decline from 417 million yuan. Margin compression is attributed to rising raw material costs (non-ferrous metals, chemicals), increased shipping costs, weak end-consumer demand tied to real estate market adjustments, intensified industry competition compressing average selling prices, and strategic investments in digital transformation and brand building. As of mid-2026, the company has filed a major asset restructuring application with the China Securities Regulatory Commission, signaling potential portfolio reconfiguration. Customer engagement includes a community forum platform (bbs.meiling.com) and a customer service hotline, with primary go-to-market through domestic retail distribution and emerging international channels.

Changhong Meiling firmographics

Firmographics
Name
Changhong Meiling
Legal name
长虹美菱股份有限公司 (Changhong Meiling Co., Ltd.)
Website
https://meiling.com
Company type
Public
Founded year
1992
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Changhong Meiling is a Chinese publicly-listed home appliance manufacturer (subsidiary of Changhong Group) producing refrigerators, air conditioners, washing machines, kitchen appliances, and smart TVs for domestic Chinese households and international markets, with 2025 revenue exceeding 30 billion yuan.
Ownership category
akta.pro rank

Changhong Meiling industry classification

Industry
Product category
Home Appliances
NAICS
Household Appliance Manufacturing (3352), Major Household Appliance Manufacturing (33522), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)
SIC
Household Appliances (3630)
akta.pro primary industry
Smart Appliances & Kitchen/Laundry (Major/Small Appliances) (HSAPAQAE)
akta.pro secondary industries
Refrigeration & Freezer Retail (Refrigerators, Freezers, Wine/Beverage Coolers) (CRACACAB), HVAC & Air Treatment Appliance Retail (Air Conditioners, Heat Pumps, Air Purifiers/Dehumidifiers) (CRACACAE)

Keywords

  • Household refrigerators
  • Home appliances
  • Air conditioners
  • Washing machines
  • Kitchen appliances

Where Changhong Meiling is headquartered

Location

Headquarters

HQ city
Hefei
HQ country
China
HQ region
Asia

Markets served

Changhong Meiling business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Marketing or Sales, Technology or R&D, Personnel

Distribution channels2 records

Marketing channels2 records

Changhong Meiling product offering

Product offering

Core offering

Changhong Meiling manufactures and sells a wide range of household appliances including refrigerators, freezers, air conditioners, washing machines, kitchen appliances, water heaters, and smart TVs. The company is a major Chinese appliance maker and a subsidiary of Changhong Group, producing energy-efficient, fresh-preserving home appliances under its own brand and sub-brands such as M Xiansheng Laboratory.

Product overview

Changhong Meiling (长虹美菱股份有限公司) is a major Chinese home appliance manufacturer producing a comprehensive portfolio of consumer appliances including refrigerators, air conditioners, washing machines, water heaters, kitchen appliances, and smart TVs. The company operates under the Changhong group and maintains specialized divisions like M鲜生实验室 (M-Xiansheng Lab) focused on fresh-keeping technologies for refrigeration products. The product lineup spans major white goods and smart home appliances, with distribution through community forums and the Meiling official website ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

  • M鲜生实验室: Product testing and innovation lab brand mentioned on the community forum section, focusing on fresh preservation technology for refrigerators.

Products and services

  • Refrigerators

Quantifiable outcome

  • Overseas refrigerator sales grew 10.7% and washing machine sales grew 13.5% in Q1 2026, demonstrating successful international expansion.

Companies that use Changhong Meiling

Customer profile

Segments2 records

Ideal customer profiles2 records

Changhong Meiling technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Changhong Meiling partnerships and signals

Strategic signal

Scale indicators6 records

Recent moves4 records

Expansion highlights4 records

Changhong Meiling competitors and assessment

Company assessment

Direct peers

  • Gree Electric Appliances: China's leading air conditioner manufacturer with growing white goods portfolio. Directly competes with Meiling especially in air conditioners but also in broader home appliance categories within the Chinese market.
  • Midea Group: Major Chinese home appliance manufacturer with a comprehensive portfolio spanning air conditioners, refrigerators, washing machines, and kitchen appliances. Directly competes with Meiling across virtually all product categories in both domestic and international markets.
  • TCL Smart Home: Expanding Chinese electronics major in white goods and smart home appliances alongside its TV business. Overlaps with Meiling in refrigerators, washing machines, and connected home appliances in the Chinese and overseas markets.
  • Hisense Home Appliances: Major Chinese manufacturer of refrigerators, air conditioners, and washing machines under the Hisense brand plus the legacy Kelon brand. Directly comparable to Meiling in product mix and domestic market positioning.
  • Haier Smart Home: China's largest home appliance manufacturer and the dominant player in refrigerators and washing machines. Directly comparable to Meiling across the full white goods portfolio including refrigerators, washing machines, and air conditioners, serving similar Chinese household consumers.

Broad incumbents

  • Electrolux: Global Swedish home appliance manufacturer with presence across refrigerators, washing machines, and kitchen appliances. Comparable as an international peer competing in many of the same overseas markets where Meiling is expanding.
  • Samsung Electronics: Korean global incumbent in consumer electronics and home appliances. Cited in Meiling's competitive landscape as one of the Korean brands losing share to Chinese manufacturers including Meiling in overseas markets.
  • LG Electronics: Korean electronics major and one of the Korean competitors from which Meiling is gaining overseas market share. Directly relevant as a benchmark competitor in global white goods markets where Meiling is expanding.
  • Whirlpool Corporation: Global incumbent in major home appliances including refrigerators and washing machines. Comparable as a broader industry player whose international presence and brand portfolio overlap with Meiling's overseas expansion ambitions.

Regional players

  • Skyworth Group: Chinese electronics group with smart TV and white goods businesses. Comparable as a domestic Chinese competitor with overlap in smart appliances and consumer electronics, particularly relevant for Meiling's smart TV line.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Changhong Meiling social profiles

Digital presence

Changhong Meiling financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Changhong Meiling leadership team

Management profile

Number of profiles

Changhong Meiling funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Changhong Meiling M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Changhong Meiling

What does Changhong Meiling do?

Changhong Meiling manufactures and sells a wide range of household appliances including refrigerators, freezers, air conditioners, washing machines, kitchen appliances, water heaters, and smart TVs. The company is a major Chinese appliance maker and a subsidiary of Changhong Group, producing energy-efficient, fresh-preserving home appliances under its own brand and sub-brands such as M Xiansheng Laboratory.

Is Changhong Meiling a public or private company?

Changhong Meiling is a public company. It is classified as public and is currently operating.

When was Changhong Meiling founded?

Changhong Meiling was founded in 1992. It employs 5,001 to 10,000 people.

Where is Changhong Meiling based?

Changhong Meiling is headquartered in Hefei, China, in the Asia region.

Who are Changhong Meiling's main competitors?

Direct peers on record are Gree Electric Appliances, Midea Group, TCL Smart Home, Hisense Home Appliances and Haier Smart Home. Broad incumbents are Electrolux, Samsung Electronics, LG Electronics and Whirlpool Corporation. Skyworth Group is listed as a regional player.

Does Changhong Meiling have an API?

No public API is recorded for Changhong Meiling.

What industry is Changhong Meiling in?

Changhong Meiling's product category is Home Appliances. Its primary akta.pro industry code is HSAPAQAE, Smart Appliances & Kitchen/Laundry (Major/Small Appliances), with a secondary code of CRACACAB, Refrigeration & Freezer Retail (Refrigerators, Freezers, Wine/Beverage Coolers). Its NAICS code is 3352 and its SIC code is 3630.

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Live signals
CitmtCan the Midea Big White Whale lead the upgrade of refrigerator quality by breaking out of the embedded and purification system's involution?Meiling launched the Big White Whale refrigerator, positioning it as a deep insight into users' quality-of-life needs. The brand is the first to explore immediate family life scenarios, aiming to drive a shift in industry innovation from basic functions to personalized lifestyles.CitmtStar-studded benefits are in full swing, the Changhong·Meiling Nine Super Internal Purchase Conference is about to be grandly launched.Changhong and Meiling are launching a nine-super internal purchase conference with four stations: AI air conditioning, a refrigerator for DIY drinks, and a washing machine with AI self-cleaning. The stations aim to provide comfort, energy replenishment, and clean washing at the event.JiemianCITIC Securities: Application related to major asset restructuring matters accepted by the China Securities Regulatory CommissionChanghong Meiling announced on July 14 that it expects net profit attributable to shareholders to fall by 85.62%-87.54% in the first half of 2026, dropping to 52-60 million yuan from 417 million yuan in the same period last year. The company attributed the decline to rising prices of bulk raw materials including non-ferrous metals and chemical inputs, increased shipping costs, prolonged inventory digestion due to weak end-consumer demand tied to real estate market adjustments, intensified industry competition compressing product average selling prices, and ongoing strategic investments in digital transformation and brand building.DoNews长虹美菱2025年营收首破300亿元,但净利下滑超四成- DoNewsChanghong Meiling reported 2025 revenue of 30.408 billion yuan, up 6.32%, but net profit fell 41.31% to 410 million yuan. The company attributes the loss to competition, weak demand, and material costs, and plans a B-share valuation enhancement plan. It aims for dual growth in 2026.ANTARA NewsAWE 2025 Live: Changhong Showcases AI-Driven Home Appliances, Paving a New Path for Brand ElevationChanghong unveiled a range of AI-driven home appliances at AWE 2025 in Shanghai, including an emotional-healing AI TV, dual-zone AI air conditioner, and communication modules for the low-altitude economy. The company showcased technological advancements in kitchen, laundry, and refrigeration applications, emphasizing its shift to smart manufacturing.