Haier Water Heater became the largest water heater manufacturing base in Asia and the world's fifth-largest base with an annual production capacity of 5 million water heaters sold to over 60 million customers in 50 countries and regions worldwide. We have major manufacturing bases in Qingdao, Wuhan and Chongqing turning out 12 series of products in over 500 specific categories including electric water heaters, gas water heaters, solar water heaters, dual-purpose gas heating stoves and heat pumps. We have an outstanding array of water usage solutions for customers around the globe.
We have an enormous marketing network advantage in China therefore a lot of world-noted brands commission us to manage a part or all of their sales in China. In the meantime, we're utilizing the overseas channels to sell our products. We have set up 29 manufacturing bases, 8 R&D centers and 19 international trading companies worldwide employing more than 60,000 people. Our marketing, R&D and production networks are distributed to global markets such as China, the US, Italy and Thailand.
In December 2009, the world famous consumption market research organization, Euromonitor released their article stating that we ranked no.1 among global white goods brands occupying a market share of 6.1%. In 2010, our brand value amounted to $13.19 billion. Since 2002, we have topped the Most Valuable Brand List for nine consecutive years. Contact us today.