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The global sales volume of chargers has exceeded 13 million, and UGREEN's IPO has officially begun!

Article Source：Life Consumption Network | Author：zaker | Issuing Time：2024.03.26
With the popularization of mobile Internet and the rapid development of intelligent devices, charger, as one of the indispensable accessories in consumer electronic products, its market demand also shows a trend of explosive growth.

As one of the leading companies in the field of gallium nitride chargers, UGREEN has continuously surged in sales of its charging series products in the global market thanks to its innovative product design, high-quality product quality, and global market layout, and has now entered the final stage of sprinting for IPO. It is reported that the current sales of UGREEN chargers have exceeded 13 million.


As early as 2012, UGREEN began to lay out in the charging field and gradually established a product line with a wide coverage. The company's charging products range from basic entry-level chargers to high-end gallium nitride chargers, covering a variety of products with different powers and specifications. Each product has unique highlights and meets the needs of different users. Whether it is the fast charging of smart devices such as daily smartphones and tablets, or the efficient power supply of professional devices such as laptops and digital cameras, UGREEN can provide comprehensive solutions.

Among numerous charger products, gallium nitride chargers are highly favored by consumers due to their high efficiency and stability, especially UGREEN's 65W and 100W gallium nitride chargers, which have attracted much attention. They have always occupied the front row in sales on e-commerce platforms and have long been among the top selling categories on JD.com. These high-end products not only have significant advantages in charging speed and efficiency, but also perform well in terms of safety and stability, and are deeply loved by professional users and ordinary consumers.

In addition to the charging series, UGREEN actively expands its product categories, launching various categories such as storage, audiovisual, and mobile peripherals, providing consumers with more comprehensive and diverse choices. These products not only meet the daily life and work needs of users, but also bring more business growth points and market opportunities to UGREEN.


In order to better serve global users, UGREEN not only focuses on product development and manufacturing, but also continuously expands its sales channels to ensure that its products can cover a wider range of user groups. UGREEN achieves global sales through a combination of online and offline models, covering mainstream domestic e-commerce platforms such as Tmall and JD.com. Among them, 65W gallium nitride chargers and 100W gallium nitride chargers have long been among the top products on JD.com's category list.

UGREEN's products have not only achieved significant results in the Chinese market, but also covered mainstream overseas e-commerce platforms such as Amazon, AliExpress, Shopee, etc. The products are sold to multiple countries and regions such as the United States, Japan, Germany, and the United Kingdom. At the same time, UGREEN has established a stable offline sales network both domestically and internationally, with excellent brand awareness and reputation worldwide, laying a solid foundation for the sustainable development of the brand and the stable growth of market share.

UGREEN's performance in recent years has been remarkable. According to the latest disclosed prospectus, UGREEN achieved a revenue of 3.839 billion yuan and a net profit attributable to shareholders of 327 million yuan in 2022. In 2023, UGREEN's operating revenue reached 4.803 billion yuan, and the net profit attributable to the company's common shareholders also reached 387 million yuan.

Among them, charging products, as one of UGREEN's main products, have seen continuous growth in revenue from 2020 to 2022, reaching 560.706 million yuan, 78.76873 million yuan, and 98.1.476 million yuan, respectively. The year-on-year growth rates in 2021 and 2022 were 40.48% and 24.60%, respectively. This series of data not only demonstrates UGREEN's strong growth momentum in the charging industry, but also demonstrates its robust financial foundation and good profitability.

In the fiercely competitive consumer electronics market, UGREEN has become one of the industry leaders with its continuously innovative products, global market layout, and robust financial situation. UGREEN's products have strong sales and market share in the global market, thanks to their high-quality and diversified product line. At the same time, UGREEN continuously expands its sales channels, strengthens the combination of online and offline sales models, and provides strong support for product promotion and market expansion.

In the future, as UGREEN continues to delve deeper into the field of chargers and expand into other product categories, we believe that UGREEN will usher in even brighter prospects.
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