Directory of Central SOEs

China Hualu Group Co Ltd

Updated: Apr 23, 2019 Print
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China Hualu Group Co Ltd is a State-owned enterprise directly administrated by the State-owned Assets Supervision and Administration Commission of the State Council. Established on June 18, 2000, the large-scaled national corporation is engaged in professional technical R&D, manufacture and sales of audio & video products and the related. With registered capital of 1836 million yuan ($287 million), Hualu possesses 34 subsidiaries distributing in Dalian, Beijing, Shanghai, Guangzhou, Shenzhen and Chenzhou. It established national R&D center in Dalian and research institutes and internal and external marketing networks in Beijing and Shenzhen.

The precursor of the China Hualu Group is China Hualu electronics Co Ltd which was approved by the State Council in June 1992. The objective of the company is to develop Chinese VCR industry, build the most advanced manufacture base for AV product key parts, engage with multimedia information generation, storage, process and application to create and satisfy people’s modern life. By keeping regulated the structure of industry and production, implementing double management system, developing new management and research conception, Hualu keeps enhancing its profits and the scale.

Hualu Group is a new type of cultural industry group which developed based on the information industry. It has established 3 industrial blocks: audio and video terminal industry, content industry and service industry, and built “the most intact industrial chain of high-definition product in China”, “No 1 high-definition brand in China” and “the intelligent traffic software leading brand in China”. Hualu has won the titles of “The Most Influenced Enterprise” and “National Culture Export Key Enterprise”. in 2017, it won the title of “National Top 30 Culture Enterprise”.

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