Guangdong Vanward New Electric Co., Ltd.

Guangdong Vanward New Electric Co., Ltd. was founded in August 1993, with the headquarters located in the National High-Tech Industry Development Zone in Shunde District, Foshan city, Guangdong Province. It is approved by the National Science and Technology Department as a Torch Program main high-tech company. It is also the only light industries outstanding team in the gas appliance field. The main products of Vanward are gas appliances such as Gas Water Heater, Gas Stove, Gas Boiler, Gas BBQ, Gas air-conditioner. It produces electric water heater and other kitchen appliance as well, such as sterilizer, cooker hood, etc. Vanward has 6 manufacturing bases in Zhongshan and Foshan city. It has the area of 1500000 square meters, with the annual production capacity of 15 million pieces. Besides manufacturing Gas appliance, which is its main business, Vanward also participates in other business as finance, car component production and education. It is one of the founders of Minsheng Bank. Now, Vanward owns 3 exclusively-invested enterprises, 3 holding enterprises and 2 sharing enterprises, with the permanent assets of 1.5 billion RMB