By JS Global
The way of a gentleman is like walking far away, must be from the far; like ascending high, must be inferior. With a market capitalization of 80 trillion dollars, China's capital market has become the world's top stock market. It has established a multi-level capital market system covering the main board, science and technology innovation board, small and medium-sized enterprise board, venture capital board, new third board, etc. It has become a classic case of global capital market opening and created valuable Chinese experience. What is noteworthy is that one by one, companies founded in China with international vision have grown with the market, grown with the capital and breathed with the world, becoming the cornerstone of China's growing capital market and influencing the world. At the forum, JS Global Life and other companies were named "Most Valuable Listed Companies", signifying the vitality and positive momentum of Chinese companies that continue to grow.
JS Global Living is a global leader in high-quality, innovative small appliances. Rooted in both the Chinese and U.S. markets, with three brands - Shark, Ninja and Jiuyang - JS Global Life delivered strong results in 2019, achieving total annual operating revenues of $3.016 billion, up 12.5% year-over-year. To date, JS Global Life is ranked sixth in the global small home appliance industry and third in the list of brands focused on small home appliances. In recent years, the company has expanded rapidly in Europe, currently ranking second in the upright vacuum cleaner category in the UK, and gradually expanding into the German and French markets. At the same time, thanks to the excellent leadership of the company's management team, the company has been able to optimize operating costs, improve operational efficiency, significantly increase the speed of product development and launch, and achieve product design interoperability between the U.S. and China, so that consumers in both countries can better understand the quality of product design and experience in both places.
Of course, the growth of a company is also like mountain climbing, which inevitably requires facing many external difficulties. So far in 2019, the global macro economy has been strongly impacted by the new crown epidemic, and in the face of severe challenges, the company has promptly adjusted its sales strategy at home and abroad, actively laying out the future business opportunities brought by the new economy and live streaming, proactively catering to and meeting the new habits and requirements of consumers. The company's performance rose against the trend by solidly promoting digitalization and fission-based new retailing, making every effort to cultivate new users, attract new fans and establish new channels, and creating a new retail operation model suitable for the company's own development. For example, JiuYang Division overcame many unfavorable factors such as the closure of offline stores and slowdown in logistics efficiency, and achieved positive growth in domestic sales business in the first quarter through its self-built new retail system and systematic live broadcast system for all. SharkNinja also quickly adjusted its sales strategy to strengthen its e-commerce platform, while launching a series of new products, such as the Vacuum Mop, Foodi Indoor Oven, Double Bar Air Fryer, and the high-end Smart Navigation Sweeper, which have gained consumer popularity.
Based on this growth in good times and bad, JS Global Living deserves the award of "Most Valuable Listed Company".
As the largest and most influential event for listed companies in Hong Kong, the Hong Kong International Finance Forum brings together political and business leaders, authoritative experts and scholars from both sides of the Taiwan Strait, and has become a high-level platform for dialogue on China's economic development and global investment opportunities, and the Forum's analysis and evaluation of many listed companies has become one of the most important reference standards for the investment market. JS Global Life will actively integrate into the "One Belt, One Road" construction, Guangdong, Hong Kong, Macao and Greater Bay Area construction, and seize the national development and foreign investment opportunities. We will seize the opportunities brought by the development of the country and its opening to the outside world, especially the two-way financial opening, and join the economic transformation led by innovation and creativity to consolidate our position as a global leader in quality and innovative small home appliances."
By JS Global
The way of a gentleman is like walking far away, must be from the far; like ascending high, must be inferior. With a market capitalization of 80 trillion dollars, China's capital market has become the world's top stock market. It has established a multi-level capital market system covering the main board, science and technology innovation board, small and medium-sized enterprise board, venture capital board, new third board, etc. It has become a classic case of global capital market opening and created valuable Chinese experience. What is noteworthy is that one by one, companies founded in China with international vision have grown with the market, grown with the capital and breathed with the world, becoming the cornerstone of China's growing capital market and influencing the world. At the forum, JS Global Life and other companies were named "Most Valuable Listed Companies", signifying the vitality and positive momentum of Chinese companies that continue to grow.
JS Global Living is a global leader in high-quality, innovative small appliances. Rooted in both the Chinese and U.S. markets, with three brands - Shark, Ninja and Jiuyang - JS Global Life delivered strong results in 2019, achieving total annual operating revenues of $3.016 billion, up 12.5% year-over-year. To date, JS Global Life is ranked sixth in the global small home appliance industry and third in the list of brands focused on small home appliances. In recent years, the company has expanded rapidly in Europe, currently ranking second in the upright vacuum cleaner category in the UK, and gradually expanding into the German and French markets. At the same time, thanks to the excellent leadership of the company's management team, the company has been able to optimize operating costs, improve operational efficiency, significantly increase the speed of product development and launch, and achieve product design interoperability between the U.S. and China, so that consumers in both countries can better understand the quality of product design and experience in both places.
Of course, the growth of a company is also like mountain climbing, which inevitably requires facing many external difficulties. So far in 2019, the global macro economy has been strongly impacted by the new crown epidemic, and in the face of severe challenges, the company has promptly adjusted its sales strategy at home and abroad, actively laying out the future business opportunities brought by the new economy and live streaming, proactively catering to and meeting the new habits and requirements of consumers. The company's performance rose against the trend by solidly promoting digitalization and fission-based new retailing, making every effort to cultivate new users, attract new fans and establish new channels, and creating a new retail operation model suitable for the company's own development. For example, JiuYang Division overcame many unfavorable factors such as the closure of offline stores and slowdown in logistics efficiency, and achieved positive growth in domestic sales business in the first quarter through its self-built new retail system and systematic live broadcast system for all. SharkNinja also quickly adjusted its sales strategy to strengthen its e-commerce platform, while launching a series of new products, such as the Vacuum Mop, Foodi Indoor Oven, Double Bar Air Fryer, and the high-end Smart Navigation Sweeper, which have gained consumer popularity.
Based on this growth in good times and bad, JS Global Living deserves the award of "Most Valuable Listed Company".
As the largest and most influential event for listed companies in Hong Kong, the Hong Kong International Finance Forum brings together political and business leaders, authoritative experts and scholars from both sides of the Taiwan Strait, and has become a high-level platform for dialogue on China's economic development and global investment opportunities, and the Forum's analysis and evaluation of many listed companies has become one of the most important reference standards for the investment market. JS Global Life will actively integrate into the "One Belt, One Road" construction, Guangdong, Hong Kong, Macao and Greater Bay Area construction, and seize the national development and foreign investment opportunities. We will seize the opportunities brought by the development of the country and its opening to the outside world, especially the two-way financial opening, and join the economic transformation led by innovation and creativity to consolidate our position as a global leader in quality and innovative small home appliances."