On April 19, 2023, Mr. Mineo Maruyama, President of Carrier GCS China, led a delegation to visit Meijing Group for exchanges upon the kind invitation of Mr. Zhang Huachun, General Manager of Meijing Group. The delegation comprises Mr. Yang Yihua, Vice President of Carrier GCS China; Mr. Li Ming, General Manager of Toshiba Carrier Air Conditioning Sales (Shanghai) Co., Ltd. (Toshiba Carrier); Mr. Zhang Chao, General Manager of the Western Region of Toshiba Carrier; Mr. Zhao Xiang, Marketing Manager of Toshiba Carrier and Ms. Xiao Xiaoqin, Marketing Manager of the Southwestern Region of Toshiba Carrier; Mr. Wu Yuye, General Manager of Light Commerical Sales at Carrier GCS China; Mr. Li Tao, General Manager of Light Commerical Sales and National Channel Sales at Western Region of Carrier GCS China; and Mr. Huang Zhixiang, General Manager of Domestic Marketing of GCHV Central Air Conditioning.

It is reported that Carrier Global has established a new business unit, the Global Comfort Solutions Unit (GCS Unit), in the HVAC field. This unit is responsible for managing the light business of Toshiba Carrier, GCHV, and the former Carrier HVAC Unit. Carrier, Toshiba, and GCHV represent the American, Japanese, and Chinese brands of Carrier Group respectively. With the core technology and channel advantages of these three brands combined, Carrier can comprehensively cover China's central air conditioning market for light commercial user groups, achieving a synergistic effect greater than the sum of its parts and obtaining a substantial market share. 

Since 2018, Shu Shi Mall, a subsidiary of Meijing Group, has established official cooperation with Toshiba. The two sides have been working together to complement each other's strengths and advantages in Sichuan, Guizhou, Chongqing and Yunnan regions. As a result of this collaboration, the business has experienced rapid growth. The visit of President Maruyama and his delegation laid a good foundation for the follow-up cooperation between Meijing and Carrier, Toshiba and GCHV.

During the welcome luncheon, Ms. Deng Xijun, Director of Meijing's Operation Management Center, presented Meijing's overall development and strategic layout to President Maruyama and his delegation. Based on the principle of value creation, Meijing has gradually transformed from a mere provider of products and solutions to a leading retailer in the era of smart and comfortable homes, offering customers comprehensive and scenario-based solutions that cater to their every need for a smarter and more comfortable home.

Vice President Yang Yihua also expressed high appreciation and recognition for this. During this period, General Manager Zhang Huachun emphasized that the primary goal of Meijing's collaboration with Carrier, Toshiba and GCHV is to achieve mutual development. Meijing will consistently adhere to high standards of quality and competitive pricing strategies in order to expand its market share while also ensuring benefits for both suppliers and customers.

On the afternoon of November 19, a delegation led by Mr. Yang Yihua, Vice President of Carrier GCS China, visited the Chengdu Fusen Demonstration Store of Shu Shi Mall accompanied by Mr. Zhang Huachun, General Manager of Meijing; Ms. Deng Xijun, Director of the Operation Management Center; and Mr. Zhang Yizhou, Executive General Manager of Shu Shi Mall.

In the Chengdu Fusen Demonstration Store of Shu Shi Mall, the indoor and outdoor units of Toshiba's household series central air conditioners are displayed, along with the latest series of Toshiba duct-type air conditioners available for purchase, as well as a domestic carbon dioxide air heat pump water heaters. Consumers can explore and purchase Toshiba's diverse range of products upon entering the store while enjoying a comprehensive suite of one-stop services including designer tips, product display experience, distribution and installation, as well as after-sales maintenance for all the comfort home products provided by Shu Shi Mall.

General Manager Zhang Huachun also presented the Meijing Smart and Comfortable Home Experience Room to guests at the Chengdu Fusen Demonstration Store of Shu Shi Mall. In 2022, Meijing made dedicated efforts in scenario development and experience generation, successfully transitioning into a company that provides comprehensive solutions for smart and comfortable homes. Additionally, the company vigorously promoted the construction of smart and comfortable home experience rooms. The integration of intelligent experience scenarios has expanded the range of options available to in-store smart home customers.

After the visit, Mr. Zhang Yizhou, Executive General Manager of Shu Shi Mall, and Ms. Deng Xijun, Director of Shu Shi Mall, attended Toshiba Air Conditioner 2023 Spring New Product Launch Conference at the flagship store in Wuhou District, Chengdu City in the name of part-time managers of the Operation Support Department of Shu Shi Mall. The newly released Toshiba series products were also made available for sale across various stores of Shu Shi Mall.

In the future, Meijing will seek further cooperation possibilities with Carrier, Toshiba and GCHV based on the partnership between Toshiba Carrier and Shu Shi Mall. The company will leverage various advantageous resources while concentrating on Chengdu as a hub to deeply penetrate the southwest market.