Founded in 1936, Panda Electronics Group Company, Ltd., widely regarded as the cradle of China's electronic industry, is a large state-owned comprehensive electronics enterprise with the history of 70 years. The company has been listed among the top 100 largest electronics information enterprises in China for 20 consecutive years. Its 50-year long trademark-"Panda" is the first famous trademark in China¡¯s electronics industry and also the first Chinese electronics product brand entered into the international market. Panda Electronics has made special contribution to the foundation and development of China electronics industry, China national defense and national modern construction.
Nanjing Panda Electronics Co., Ltd. was founded in 1996. The Company was listed on The Stock Exchange of Hong Kong Limited and the Shanghai Stock Exchange respectively. The Company became the first listing company with H shares among China¡¯s electronics industry.
Since the 50¡¯s of twenty centuries, more than 30 leaders of the party and the government, including Mao Zedong, Deng Xiaoping, Jiang Zemin and Hu Jintao, inspected the enterprise, which inspired and honored us significantly. On April 30, 2004, general secretary Hu Jintao inspected Panda Group. He encouraged the employees to make Panda brand to be more brilliant and to be a famous world-class brand.
Panda Electronics is known for its strong capability of R & D and manufacture of electronics complete set and equipment. The Company has five national level engineering R&D centers and one post-doctoral working station, 10 research centers for developing new products. Major products and services of the Company cover satellite communication equipment, mobile communication products, HF communication system, CTV sets, personal digital entertainment products, electronics manufacturing, instruments and meters, production equipment, software services and system integration. Main Sino-foreign joint ventures with Panda ¡®s capital involvement include Nanjing Ericsson Panda Communication Co., Ltd., Beijing Sony Ericsson Putian Mobile Communication Co., Ltd., Nanjing Thales Panda Transportation System Co., Ltd., Nanjing LG Panda Electrical Appliance Co., Ltd.,Nanjing Panda Hitachi Techno Co., Ltd. and HannStar Display(Nanjing) Corp..
In the 10th Five-Year Plan period, Panda Group realized accumulated turnover of RMB120 billion, accumulated total profit of RMB 3.37 billion and accumulated total profit and tax of RMB 6.75 billion. The total average sales volume has been increased by 21.7% annually. At the end of 10th Five-Year Plan, turnover reached RMB 28 billion, customers reached over 90 million.
Panda Electronics Group Company, Ltd., focusing on its global strategy with an eye to international and future market, greatly promotes the development of leading industries including modern communication, digital A/V, software, intelligent electronics and electronics manufacturing, gradually establishes enterprises¡¯ leading position in the field of modern communication. The Company is now approaching its target to build the company into the-state-of-art domestic as well as the world- famous large electronics information industry group.
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