Ningbo Changwei Electric Appliance Co., Ltd., formerly known as Cixi Huawei Electric Appliance Co., Ltd. which was established in 1995, was reorganized in February 2008 by integrating key assets and core businesses of related enterprises. The company is located in the Fuhai Industrial Zone of Cixi City, Zhejiang Province, a light industry hub in the Yangtze River Delta that benefits from its proximity to the Shanghai economic circle via the Hangzhou Bay Bridge. Changwei Electric Appliance Co., Ltd. is one of the first batch of private enterprises in the Yangtze River Delta region to engage in household appliance production and also among the pioneers in investing in the development and production of intelligent fully automatic washing machines. Through steady development over more than a decade, the company has grown from small to large, from weak to strong, evolving into a sizable private enterprise with integrated capabilities in R&D, manufacturing, sales, logistics, and self-operated import and export, as well as a strong capacity for producing key components. Covering an area of over 100 mu (about 6.67 hectares), including 80,000 square meters of factory space, the company comprises divisions for fully automatic washing machines, twin-tub washing machines, injection molding, and a sales company. Over the years, Changwei has adhered to a development strategy of "quality as the foundation, integrity as the principle, social contribution as the responsibility, and innovation for development," continuously pursuing and achieving self-transcendence. The company has introduced more than 50 advanced large-scale injection molding machines and five state-of-the-art fully automated washing machine production lines, enabling an annual production capacity of over 600,000 units for twin-tub washing machines and over 500,000 units for fully automatic washing machines, totaling over 1.1 million units per year. It has become one of the few companies in China capable of mass-producing both types of washing machines. The enterprise has passed ISO9001 and ISO14001 management system certifications, and all products have obtained CCC certification. The company's washing machine product range continues to expand, now covering 10 series and over 70 models, all of which meet national energy efficiency standards. With robust quality and exceptional cost-effectiveness, the products have gained market favor, especially among consumers in third- and fourth-tier rural markets. The company's products are now widely sold in more than 30 provinces across China and supplied as OEM products to several well-known domestic appliance brands. Changwei places great emphasis on building a strong marketing team and a nationwide sales network. An extensive dealer network has been established. Since 2002, the company's product sales have maintained an average annual growth rate of 46%, making it one of the most dynamic private enterprises in the Ningbo area.