On October 8 evening, Philips convened its annual suppliers' conference in Amsterdam, the capital of the Netherlands. Xinbao emerged victorious amongst over 500 suppliers, clinching the "Supplier Excellence Award 2019" alongside five other companies. Of all Philips' small home appliance suppliers, Xinbao was the only one to be presented with this special award.
Xinbao President Zeng Zhanhui and Overseas CMO Zhu Xiaomei went onstage and received the crystal trophy from Philips' CPO.
Founded in 1891, Philips started as a Dutch manufacturer of lightbulbs. The company is committed to improving people's health and well-being through meaningful innovation in the areas of lighting, lifestyle and healthcare. Following 128 years' growth, Philips has expanded into a wide array of fields such as advanced medical equipment, logistics, home appliances, and personal care. It is also the global leader in home care products and kitchen appliances like juicers, food processors, egg beaters, coffee makers and steam irons.
Philips' purpose is to improve people's health and well-being through meaningful innovation, and Xinbao is Philips' key strategic partner in accomplishing this purpose. The partnership between Philips and Xinbao started with an ODM bread maker project in 2012. That project paved the way for many successful projects on electric kettle, high-power mixer, ironing station, countertop juicer, egg beater, mini vacuum cleaner, etc.
"Philips has over 500 suppliers worldwide. That Xinbao is one of the six suppliers to win the Supplier Excellence Award 2019 tonight gives me immense pride! The award is a testament to our excellent team and our clear advantage in our collaborations with Philips," Zhu Xiaomei said during the interview.
Upon evaluating its collaborations with Xinbao, Philips identified Xinbao as one of its outstanding suppliers and affirmed their strong partnership over the years. The award demonstrates the potential for more and wider collaborations between the two parties in the future. The two companies' management expressed that they look forward to a stronger partnership between them.
October 11, 2019
