Techtronic Industries Co. Ltd. (TTI)
TTI is a rapidly growing and world-leading company in power tools, accessories, hand tools, outdoor gardening tools and floor care products, specializing in home improvement for consumers, DIYers, professionals and industrial users. , repair, maintenance, construction and infrastructure products. TTI is accelerating the change of the industry through environmentally friendly rechargeable technology. TTI focus on strategies of strong brands, innovative products, operational excellence and talented people to continuously drive our corporate culture. TTI's powerful brands such as MILWAUKEE, RYOBI, and HOOVER have long-standing and distinctive products with high quality, outstanding performance, and courage to innovate, and are widely recognized around the world. All employees of the company continue to be passionate about rechargeable technology and innovation, and with strong customer partners, TTI can continue to provide customers with new products that are both satisfying and productive. This focus and motivation have enabled TTI to lead the market and continue to grow. TTI was established in 1985 and listed on the Stock Exchange of Hong Kong in 1990. It is now included as one of the fifty constituent stocks of the Hang Seng Index. The company has customers all over the world and has more than 30,000 employees.
Chervon Holdings Ltd.
Chervon is a global industry solutions provider specializing in the research and development, design, manufacturing, testing, sales and after-sales service of power tools, garden tools and related products. Chervon was founded in 1993. With a good business reputation, continuous innovation capabilities and persistent pursuit of high-quality products, Chervon has established extensive and in-depth relationships with many of the world's top building materials supermarkets, department store chains, distributors and power tool brand manufacturers. strategic partnership. Chervon has grown into one of the top ten professional suppliers of power tools in the world. It currently employs more than 7,000 people worldwide. Better Tools Better World. Build good tools to help the world! As a Chinese enterprise operating globally, Chervon creates great products for customers through continuous innovation and improvement, add excellent value, and further deepen brand development and operations in mainstream global markets. Chervon continues to strengthen the connection with consumers to consolidate the leading position as a global overall solution provider for power tools, garden tools and related industries, and make our own contribution to enhancing the global image of "Made in China".
Positec Tool Corporation
Founded in 1994, Positec is a multinational company integrating R&D, manufacturing and marketing of power tools and owns internationally renowned power tool brands. The group has more than ten overseas branches in the United States, the United Kingdom, Italy, Germany, and Australia, two overseas R&D subsidiaries in Italy and Australia, and two manufacturing bases in Suzhou and Zhangjiagang. It is one of the largest manufacturers and exporters of power tools in China. WORX, a well-known brand under the Positec Group, has high-end product positioning, covering professional, garden, household and other power tool categories. It has customers in many countries and regions around the world, and the market share of some products has exceeded that of traditional well-known brands in the world. WORX successfully entered the Chinese market in 2007. In 2010, it was awarded the "Famous Trademark of Jiangsu Province" and the "CCTV China Brand of the Year" in 2012. It has gained a high reputation in the international and domestic power tool markets. Positec Group has always taken "committed to continuous innovation, leading tool revolution, and promoting social progress" as its corporate mission, and attaches great importance to technological innovation and product research and development. Up to now, Positec has applied for more than 6,700 patents around the world, of which innovative invention patents account for more than 50%, ranking among the top in the industry; Positec has created dozens of world-leading technologies in the field of power tools, driving the The innovation of the world's power tool technology has won the recognition of the industry. The company's innovative products have won the "Red Dot Award", "IDEA Gold Award", "China Design Red Star Gold Award”and a series of awards. Today, Positec is exploring a positive development path to create an international brand belonging to China, promote the sustainable development of Chinese national enterprises, and promote the reform and progress of power tools.
Jiangsu Dongcheng Power Tools Co., Ltd.
Jiangsu Dongcheng Power Tools Co., Ltd., founded in 1995, is one of the key domestic professional power tool manufacturing enterprises. It is the vice-chairman unit of the China Electrical Equipment Industry Association Power Tools Branch and has a complete industrial production base. It currently occupies an area of It covers an area of 139,000 square meters and a construction area of 88,000 square meters. It has modern industrial plants and first-class production and testing equipment. It also has a group of professional senior engineers, as well as a team of middle and senior managers and technicians. It has more than 3,800 employees. Dongcheng Company mainly produces various types of power tool products and spare parts such as rotors and stators. All power tool products produced within the scope of national 3C certification have passed certification and obtained certification certificates. Dongcheng has special dealers in all large and medium-sized cities across the country, and are exported to more than 50 countries and regions in Southeast Asia, South Asia and the Middle East. Dongcheng has become a leading company in the domestic power tool industry. There are 600 domestic dealers, about 7,000 exclusive online stores, and after-sales outlets all over the country.
Greenworks (Jiangsu) Co., Ltd.
Greenworks was established in 2002. It is a group company that develops, manufactures and sells new energy garden machinery products. It has its own brands Greenworks and Powerworks. Its products are directly sold to Europe, America, Southeast Asia and the One Belt and One Road countries, covering The world's top ten comprehensive building materials and lifestyle supermarkets. With its Changzhou headquarters as the center, Greenworks has established R&D and sales companies in North America, Europe and Hong Kong. It has more than 5,000 employees in China, more than 200 employees in North America, more than 500 employees in Vietnam factories, and more than 100 employees in Europe. Greenworks sales performance is growing at an annual rate of 30%. Greenworks established the Engineering Technology Research Center in 2007 as the company's technology research and development institution. In 2011, it won the "Intelligent Garden Joint Work Machine" Engineering Technology Research Center of Jiangsu Province. In the same year, it signed a strategic cooperation agreement with Southeast University to jointly establish "SEU-Changzhou Greenworks" Mechanical and Electrical Joint Engineering R&D Center, the center is market-oriented and combines the company's main product areas as its research scope. It creatively uses new technical knowledge to substantially improve technology and processes to develop and improve products. It has carried out nearly 100 research and development tasks and won nearly ten projects from Changzhou Science and Technology Bureau, making important contributions to the company's product management.
Some following Chinese companies like Ingco, Dartek and Zenergy are behind. There is no doubt that lithium-powered tool will be the trend in power tool industry. In the next 3-5 years, or maybe sooner, this will be a new area of technological innovation of power tool. Only companies that have mastered the true core technology can further develop and win.
