China's economy and infrastructure are experiencing revolutionary changes: the dairy, meat and grain industries are undergoing large-scale industrialization, an increasing number of electronics, high-tech, and transportation firms continue to relocate their manufacturing operations to China, and the population continues to urbanize. These factors all contribute to the growing customer base for SmartHeat's products. A sample of SmartHeat's customers includes entities in the following industries:
Aeronautics:
Capital Airport Holdings
China Aerospace Science and Technology Corp.
China Aviation Industry Corp.
Petroleum:
2nd largest Domestic Oil Producer
Sinopec Petroleum
Power Generation:
Subsidiary of Veolia Environment
Domestic Power Plant
Domestic Power Plant
Inner Mongolia Electricity
Manufacturing:
Automobile & Parts Manufacturer
Domestic Sports Gear Manufacturer
NASDAQ listed Solar Cell Manufacturer
Other:
Diaoyutai Hotel for China's Elite Guests
Foxconn Science Park
China's leading interbank Services Provider
Given the scale of most PHE related projects many customers consist of large national and multi-national entities encompassing both private and public sectors.
To keep a pulse on the market and be available to service different customer's needs, SmartHeat sells both directly through its internal sales force to end-users and indirectly through 29 distributors located throughout China [see Market Coverage].
