- Business
- Hangzhou Robam Appliances Co., Ltd. (002508.SZ) engages primarily in the research, development, production, and sales of kitchen appliances under the ROBAM brand in China and select international markets; the company offers a comprehensive portfolio of products including range hoods, gas hobs, disinfection cabinets, combi-steam ovens, electric steam ovens, electric ovens, dishwashers, water purifiers, gas water heaters, integrated stoves, and small home appliances such as steamers, microwaves, and induction cookers. Founded in 1979 and headquartered at No. 592 Linping Avenue, Yuhang Economic Development Zone, Hangzhou, Zhejiang Province, China, Robam operates through offline retail, e-commerce, refined decoration engineering, and overseas channels targeting regions like North America, Australia, and Southeast Asia; it maintains subsidiaries including Hangzhou MingQi Electric Co., Ltd., Shengzhou Kinde Intelligent Kitchen Appliance Co., Ltd., and Hangzhou Jinhe Electric Appliances Co., Ltd., while focusing on high-end positioning, innovation in digital kitchen ecosystems, and multi-brand strategies encompassing ROBAM, MingQi, Kinde, and De Dietrich. In recent developments, the company launched the AI-powered "God of Cookery" cooking model and "Chic Series" products like the G1 set and Guangyan S1 Plus dishwasher in 2024, alongside collaborations such as with China Academy of Art for the Chuan HT730 gas water heater artist edition and Xiaohongshu for kitchen aesthetics initiatives; it introduced the 2024 Stock Option Incentive Plan granting 5.69 million options to 337 individuals on May 20, 2024, released an international range hood standard under IEC, and earned awards including AWE Top Award for the iH1 combi-steam oven and AWE Design Award for the 9ZC23 integrated stove, while advancing user-centric operations via a Customer Data Platform and responding to trade-in policies with promotions like half-price replacements.