Bo Xi Wang Weiqing

Bo Xi Wang Weiqing

Since the beginning of 2014, the monthly retail volume of China's refrigerator market is basically green across the board. According to the data deduced by China Yikang, the sales volume in China's refrigerators during the first half of this year was approximately 17.63 million units, which was 8.5% lower than the same period of last year, and the decline in the second quarter was as high as 9.7%.

However, in the same period, Bosi’s home appliances have risen in contrarian conditions. "From January to June this year, Bo Xi (refrigerator)'s overall market growth was above double digits," Wang Weiqing said.

Chen Gang, deputy secretary-general of the China Household Electrical Appliances Association, believes that the performance of the refrigerator market in the first half of the year was poor, mainly due to the drag on the macro environment and industrial environment. In addition, the popularity of the China's refrigerator market in urban and rural areas has been high, constituting a major factor in multiple negative factors. Under the background, it is also reasonable that China's refrigerator market is relatively sluggish during the first half of the year.

In this regard, Wang Weiqing also holds the same view: the overall market is affected by the slowdown in macroeconomic growth, especially the excessive overdraft in the previous years of the 3rd and 4th markets. Now it is a digestion period. In the past, the 30% and 40% growth rates were very difficult to achieve. continue. “Overall, for 2014, I think the market is relatively stable, there will be no greater decline, but there will not be a higher increase,” Wang Weiqing said.

At present, market institutions generally bearish on the 2014 refrigerator market. According to Zhong Yikang’s forecast, sales volume in the refrigerator market in China will reach 33.18 million units in 2014, which is 4% lower than the same period of 2013.

Expand capacity to increase high-end market

Contradictions with the stagnant market are that many refrigerator manufacturers, including Hefei Sanyo, TCL, Skyworth, Omar, and Gree's Jinghong, have expanded their production bases and put into operation one after another.

On April 24, 2014, the first phase of Boxi Huadian (Anhui) Co., Ltd., which was invested by Boxi Home Appliances Co., Ltd., invested 90 million euros in the production base in Bozhou, Anhui, was formally put into production. It is understood that the plant has the world's most advanced and energy-saving first-class refrigerator production line, mainly producing high-end refrigerators such as door-to-door and multi-door refrigerators. After the completion of the entire project, it can produce 5 million refrigerators each year, which will become the largest in the world. The production base of refrigeration products.

"As people's living standards improve, more people can afford a good refrigerator. This demand is very large." Wang Weiqing said, "More and more consumers are skeptical about the outside world's doubts about the expansion of the production of Boxi Appliances." Need high-quality high-tech products, we have confidence in China's refrigerator market."

Although the overall market growth was sluggish, the share of high-end refrigerators represented by large-capacity, door-to-door and multi-door refrigerators continued to increase. According to data from the National Information Center, sales of high-end refrigerators with a unit price of 4,500 yuan or more in major cities amounted to 22.45% in January-April 2014, while sales accounted for 48.46%; sales volume and value of refrigerators with door-to-door sales increased by 33.11% and 25.97 respectively. %, sales of refrigerators with four or more doors increased by as much as 61.49% and 95.59%.

"We have been taking the high-end route," said Wang Weiqing. The adjustment of the product structure of the refrigerator market is a big positive factor for Bo Xi’s home appliances, so he thinks “the market is not good, but there are many opportunities”.

Focus on freshness and optimistic about the future market

For the high-end refrigerator market, other foreign brands are also accelerating the import of high-end products into China. In this regard, Wang Weiqing said that competition is a good thing because it can promote continuous innovation among enterprises, understand consumers and produce better products. From Wang Weiqing's point of view, the advantage of Bo Xi’s home appliances lies in “Our R&D team has high quality genes and strong innovative strength in Germany and at the same time has a deeper understanding of Chinese consumers.”

From the perspective of the refrigerator technology, Wang Weiqing believes that the core strength of Bosch Appliances lies in its leading preservation technology.

"Boshi home appliances focus on doing one thing, that is, the preservation of the refrigerator, we believe that this is the essence of the refrigerator." Wang Weiqing said that from zero degrees preservation, ever-changing zero degree preservation to zero green preservation, Siemens appliances have been leading the refrigerator industry preservation technology The latest trend. He said that Boxi Home Appliances will also have a lot of innovative R&D work on the design of smart refrigerators and other aspects of the product.

For China's refrigerator market, Wang Weiqing has many expectations: “We are very optimistic about the future market of China, especially the market after 2015 and 2016, especially the 3rd and 4th markets.” Wang Weiqing said, “We believe we can Get a 10% share, at least 4 million."

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