The 2023 Hisense HVAC Global Customer Conference was held in Qingdao, Shandong province, on Sept 22.

Over 800 customers from around the world gathered online, and more than 100 customers attended the conference in person to discuss strategy and development plans with Hisense.

The 2023 Hisense HVAC Global Customer Conference is held in Qingdao, Shandong province, on Sept 22. [Photo provided to chinadaily.com.cn]

Hisense's business covers many fields such as multimedia, home appliances, IT intelligent information systems and modern service industries. Among them, air conditioning products play a key role in smart home energy management and intelligent control.

The HVAC (heating, ventilation and air conditioning) business has always been the pillar industry of Hisense Home Appliance Group. Data show that Hisense's HVAC business generated revenue of $4.9 billion last year, accounting for 46 percent of the group's overall revenue and 20 percent of Hisense's entire group.

The company has also seen its operations in overseas markets flourish.

"In 2022, Hisense bucked the trend in the global market, with annual revenue of $27.2 billion, of which overseas revenue accounted for $11.2 billion, comprising 41 percent of the group's revenue," said Zhu Dan, senior vice president of Hisense Group, in his speech.

"Hisense's overall revenue in the first eight months of this year was $19.06 billion, of which overseas revenue made up $7.87 billion, an increase of 11.6 percent year-on-year."

Zhu Dan, senior vice president of Hisense Group, delivers a speech. [Photo provided to chinadaily.com.cn]

Hisense has established 66 overseas branches, 34 production bases and 23 R&D centers around the world. Hisense products have now been exported to more than 160 countries and regions.