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HONG KONG, July 25, 2016 - (ACN Newswire) - China Creative Global Holdings Limited ("China Creative Global Holdings" or the "Group", formerly known as "China Creative Home Group Limited", stock code: 1678), a leading manufacturer of branded electric fireplaces, air purifiers and home decor products in the PRC today launched new product-Allen fresh air system.
 | | Picture of the product launch media luncheon |
Fresh air system is an open circulatory system, a new form of indoor ventilation that enables consumers to breathe fresh and clean air of high quality indoors. Chinese fresh air system market is witnessing a rapid growth now. The gross sales of fresh air system in China increased from RMB1 billion in 2010 to RMB6.55 billion in 2015, with a double-digit annual growth rate. By 2020, the total sales of fresh air system in China is expected to reach RMB 22.35 billion. Fresh air system will be widely used in aged care and medical industry, and in schools, residential and office buildings.
The Group is a partner of Chinese Academy of Sciences in fresh air system research and development, and one of the drafters of the Standard of Fresh Air System for China Housing. The fresh air system of the Group has 6 main features:
1. Highly effective PM2.5 purification-to create a continuous oxygen and clean environment.
2. High energy efficiency-to reduce loss of warm/cool air and avoid sickness caused by air conditioning.
3. Minimizing pollution caused by renovation and risks from viruses and bacteria.
4. Smart system - technology brings convenience to consumers.
5. Managing airflow to ventilate the whole room, and avoid mildew and bad smell.
6. No need to open windows to circulate air and free consumers from outside noises.
Mr. Chen Fanglin, the Chairman of China Creative Global Holdings Limited said, "99% of European households are equipped with the fresh air system, while the figure is 0.5% when it comes to Chinese. With an increasing concern about air pollution, people's demand on air purifiers are rising. As an up-to-date product, the fresh air system would gain a developing market and be the focus of Group's future strategies. Since there are fewer competitors in the fresh air system market and it requires project-based on-site installation for fresh air systems thus faces less competition from the e-commerce, the Group believes that it can effectively expand the source of revenue and further enlarge the market share."
About China Creative Global Holdings Limited
China Creative Global Holdings Limited, formerly known as China Creative Home Group Limited, is one of the leading manufacturers of electric fireplaces and air purifiers, and home decor products in the PRC. The Group aims to maintain its leadership in the electric fireplace industry and pro-actively cooperate with state-owned enterprises. Meanwhile, the Group will involve in environment-friendly, healthy and energy-saving products.
Media Contacts:
Angel Yeung
Jovian Communications
Tel: +852 2581 0168
Fax: +852 2854 2012
Email: chinacreative@joviancomm.com
Topic: Press release summary
Source: China Creative Global Holdings Limited
Sectors: Daily Finance, Daily News
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From the Asia Corporate News Network
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