Mission Statement, Vision, & Core Values (2026) of Vatti Corporation Limited.

Vatti Corporation Limited, founded in 1992, is a Zhongshan-based leader in high-end kitchen appliances-range hoods, gas hobs, built-in ovens, dishwashers and water heaters-strategically located about 1.5 hours from Guangzhou Baiyun International Airport and operating manufacturing facilities spanning 200,000 square meters with ISO 9001, ISO 14001 and ISO 45001 certifications; the company, which became the exclusive gas-appliance supplier for the 2008 Beijing Olympic Games, holds over 800 valid patents (May 2018) and has won multiple international design awards, while committing more than 10% of annual revenue to R&D and investing in innovations such as energy-efficient gas stoves with a 90% efficiency rating, targeting a 25% reduction in carbon emissions by 2025 and a 50% reduction by 2030 (building on a 25% reduction by 2024), achieving a 30% reduction in waste generation and a 40% increase in packaging recycling, expanding international sales (notably in Southeast Asia and Europe) to reach a projected market share of 9.0% in 2023 (up from 8.5% in 2022), maintaining a product qualification rate of 98.5% in 2022 and a defect rate of 0.5% in 2023 (well below the industry average of 1.5%), and pursuing customer-centric targets such as sub-24-hour service responses and strategic partnerships that have cut appliance power consumption by 20% to drive sustainable, innovative growth.

Vatti Corporation Limited (002035.SZ) - Intro

• Founded: 1992
• Headquarters: Zhongshan, Guangdong Province (≈1.5 hrs from Guangzhou Baiyun Intl Airport)
• Public listing: Shenzhen Stock Exchange ticker 002035.SZ
• Core product categories: range hoods, gas hobs, built-in ovens, dishwashers, water heaters
• Global footprint: products exported to multiple countries and regions

Mission

• Deliver safe, high-performance kitchen appliances that elevate everyday cooking experiences.
• Integrate technological innovation with industrial design to drive user-centric product development.
• Ensure product quality and sustainability through certified manufacturing systems (ISO 9001/14001/45001).

Vision

• To be a globally recognized leader in intelligent kitchen solutions, combining appliance excellence with design leadership and environmental responsibility.
• Expand international presence while maintaining premium brand perception and leading R&D capabilities.

Core Values

• Innovation - evidenced by 800+ valid patents (May 2018) and multiple international design awards.
• Quality - maintained through ISO-certified production across 200,000 m² of manufacturing facilities.
• Customer-centricity - product development prioritizes safety, efficiency and user experience.
• Integrity & Responsibility - adherence to environmental and occupational standards (ISO 14001, ISO 45001).
• Global Ambition - commitment to export growth and international brand recognition.

Strategic Priorities & Measurable Targets

• R&D intensity - sustain and grow patent portfolio (baseline: 800+ patents as of May 2018) and win international design awards (IDEA, Red Dot, iF).
• Manufacturing excellence - maintain ISO 9001/14001/45001 compliance across 200,000 m² facilities, with continuous quality KPIs (defect rates, on-time delivery).
• Market expansion - increase exports across targeted regions and channel penetration (retail, e-commerce, institutional projects).
• Brand & premium positioning - leverage past milestones (2008 Olympic supplier) and awards to command premium pricing and margins.

Vatti Corporation Limited (002035.SZ) - Overview

• R&D intensity: dedicates over 10% of annual revenue to research and development, prioritizing next-generation appliance technologies.
• Product performance: develops energy-efficient gas stoves achieving ~90% thermal efficiency for household cooking.
• Environmental targets: committed to a 25% reduction in carbon emissions by 2025 versus baseline; production process upgrades have delivered a 30% reduction in waste generation to date.
• Quality & satisfaction: achieved a product qualification rate of 98.5% in 2022, underpinning customer satisfaction efforts.
• Market expansion: accelerated international sales growth, with notable demand increases in Southeast Asia and Europe driven by rising preference for energy-efficient appliances.

• Deepening R&D to sustain >10% revenue investment and push appliance efficiency and smart features.
• Accelerating sustainability initiatives to meet the 25% carbon reduction target and further lower production waste beyond the current 30% improvement.
• Maintaining rigorous quality control processes to preserve high product qualification rates (98.5% in 2022) and reinforce customer trust.
• Expanding distribution and after-sales networks in Southeast Asia and Europe to capture growing demand for energy-efficient appliances.

Vatti Corporation Limited (002035.SZ) - Mission Statement

• Core mission: Design and manufacture premium kitchen appliances that improve daily cooking experiences through reliability, safety and intelligent features.
• Innovation focus: Integrate IoT and smart-home connectivity across product lines to raise convenience and product lifespan.
• Sustainability commitment: Drive measurable reductions in environmental impact across manufacturing, logistics and product use.
• Customer-first service: Provide rapid, professional after-sales support to increase retention and brand advocacy.

• Strategic pillars driving the mission:
• Product excellence - stringent QC, higher-grade materials and modular design for repairability.
• Technology leadership - sustained R&D (≈6% revenue) to accelerate AI/IoT-enabled features and predictive maintenance.
• Operational sustainability - investments in energy efficiency, green materials and supply-chain decarbonization to meet 2030 targets.
• Service and engagement - streamlined customer support processes to meet the <24-hour response-time objective and improve NPS.

Vatti Corporation Limited (002035.SZ) Vision Statement

• Customer First: Prioritizing user satisfaction and product reliability - product qualification rate of 98.5% in 2022.
• Enterprising Spirit: Continuous innovation supported by R&D investment exceeding 10% of annual revenue, yielding products such as energy-efficient gas stoves achieving 90% thermal efficiency.
• Win-Win Cooperation: Strategic partnerships with technology firms and suppliers to drive appliance energy performance - realized a 20% reduction in power consumption for key gas appliance lines through joint development.
• Efficient Collaboration: Lean manufacturing and circular packaging initiatives that cut waste generation by 30% and increased packaging recycling rates by 40% versus prior baselines.
• Craftsman Spirit: Rigorous quality control with a defect rate of 0.5% in 2023 (industry average: 1.5%) and maintained ISO 9001 certification for the fourth consecutive year in 2024.

• Maintain product qualification ≥98% annually and defect rate ≤0.7% going forward.
• Sustain R&D investment above 10% of revenue to accelerate efficiency and low-carbon product lines.
• Expand strategic alliances to further lower average appliance power consumption by an additional 10-15% over the next 3 years.
• Continue waste and recycling improvements to achieve a 50% increase in circular-material utilization in packaging within five years.