A. O. Smith Company Profile A. O. Smith Corporation, with headquarters in Milwaukee, Wisconsin, U.S.A. is a multinational company with a history of 150 years. It is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. A. O. Smith has become one of the largest manufacturers of residential and commercial water heating equipment, water treatment products and boilers in North America. It is listed on the New York Stock Exchange (NYSE: AOS) and became a member of the S&P 500 Index in 2017. A. O. Smith entered China market in 1998 and has since successively established A.O. Smith (China) Water Heater Co., Ltd, A.O. Smith (China) Water Products Co., Ltd., and A.O. Smith (China) Environmental Products Co., Ltd. A.O. Smith has injected enormous passion into China market and is full of confidence in its development in the China market. In the past 25 years, it has achieved outstanding business performance in the China market and become a successful model among foreign investment enterprises in Nanjing. A.O. Smith China currently employs more than 5,000 people. A. O. Smith Company has established a comprehensive modern management system integrating research and development, production, sales, and services in China, spanning two major fields: household and commercial. Household products include: home water heaters and central hot water systems, home water purifiers and central water purification systems, air purifiers, range hoods and stoves, dishwashers, integrated steaming and baking machines, central air conditioning and fresh air systems, heating stoves, and AI LiNK smart integrated systems for good air and water based on local networking and smart interconnection. A. O. Smith’s commercial products mainly cover the fields of commercial hot water, heating, and water purification. According to data from Aowei Cloud Network, from January to December 2023, A O. Smith continues to lead the industry, with its core categories consistently holding the top market share in sales. In the mid to high end market, the market share of water purifiers is as high as 29.9%, the market share of gas water heaters is as high as 23.9%, and the market share of electric water heaters is as high as 44.4%, making it a true leader in high-end home appliances. (* Electric heating 2500+price range, combustion heating 3000+price range, water purifier 3000+price range) In 2020, A O. Smith has vigorously entered the new track of smart and comfortable home, based on AI LiNK high-end smart interconnection to build a three-layer system of "smart integration system", "smart interconnection set", and "super single product", breaking the island effect of products, bringing systematic solutions for collaborative and smart interconnection of refrigeration, heating, fresh air, water purification, kitchen appliances, and other products, creating a healthy and comfortable environment with constant temperature, humidity, oxygen, cleanliness, and stillness. A. O. Smith continues to build a platform for online design, construction, and service, establishing unique application scenarios such as "water quality online", "safety online", and "proactive service". From pre-sales design, in sales construction, to after-sales proactive butler style services, all have achieved online, full process, and one-stop services, making users feel at ease and at ease. Meanwhile, A O. Smith is building new exhibition scenarios such as AI LiNK high-end smart internet experience halls and community experience houses nationwide, helping users immerse themselves in the healthy life brought by Feng Shui intelligent linkage. A. O. Smith, through a multi-level and three-dimensional layout, takes the lead in focusing on the good wind and water of the entire house, with user experience as the core, landing in high-end smart life, creating new scenes of a better life, helping users enjoy a healthy life, and incorporating brands such as Panasonic, Morgan Intelligence, Fluor Stone, and Samsung into the "Smart Internet Ecosphere" with an open ecological pattern and perspective, working together to upgrade new scenes of high-end smart Internet homes and create more new value. After more than three years of accelerated development, we have achieved many phased results and gained deep recognition from the market and users, accelerating our transformation into a high-end smart internet brand. Faced with the trend of younger home appliance consumption, A with a century of development history O. Smith has launched the family’s youth fashion collection brand - A O. Smith Janite’s product types include electric water heaters, gas water heaters, and water purifiers. It inherits A O. The Smith family has high quality and reliability, and its product design is more in line with the living scenes and lifestyles of young people. It perfectly blends and complements the modern minimalist and luxurious style of space. A. O. Smith Garnett accurately grasps the consumer trends and needs of the group, bringing not only household appliances, but also a trendy lifestyle. A. O. Smith Garnett hopes to free up young people’s hands and time to do more, not to be disturbed by the hustle and bustle of life, to get rid of unnecessary troubles, and to enable them to embrace new changes and challenges more calmly, achieving a better version of themselves in the midst of change. From excellent single products to smart interconnection sets and integrated systems, A O. Smith adheres to localized innovation, overcomes industry challenges, and leads industrial development and transformation. For the rapid changes in the market, A O. Smith always focuses on user experience, with a higher perspective and pattern, creating new value and services, achieving a whole house with good wind and water, and enjoying a healthy life!