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United Yousef M. Naghi Co. Ltd. Appointed Exclusive Distributor of TCL’s Air Conditioning in KSA
Jeddah, KSA - February 11th, 2015: United Yousef M. Naghi Co. Ltd. - one of the leading Electronics and Appliance’s distributors & retailers in the Kingdom, announced today during an official launching event held at the Hilton Hotel in Jeddah, their appointment as the new and exclusive distributors of TCL air conditioning products in Saudi Arabia. The high-profile event was attended by Sheikh Ammar Naghi, CEO of United Yousef M. Naghi Co. Ltd., TCL’s delegates from Headquarter, sub dealers and media officials.
In addition to announcing the strategic partnership between the two companies, the event introduced TCL’s air conditioning product line. The models that will be available across KSA through the United Yousef M. Naghi Co. Ltd. showrooms and its network of sub dealers include the split and the window air conditioners offering innovative products at affordable cost in the market.
Commenting the on this strategic partnership, Sheikh Ammar Naghi said: “We are proud to announce today our new air conditioning distributorship agreement with TCL, China’s No.1 industrial brand. We are setting a new milestone for United Yousef M. Naghi Co. Ltd. by adding another first-class brand to our diversified portfolio.”
In the Q1-Q3 period of 2014, TCL’s Industrial Group sales revenues reached US$ 11.26 billion while the company’s net profit scored around US$0.5 billion. In the same year, the TCL brand’s value exceeded US$ 10.87 billion and is continuing to lead the Chinese industrial segment for 9 consecutive years.
As for the company’s air conditioning division, it was established in 1999 to produce household, commercial, specialized and portable ACs in addition to AC compressor. With its robust manufacturing capability counting 5 production bases with a complete supply chain, TCL presently produces 8 million air conditioning sets per year. The company is fully committed to excellence by applying strict quality control system, tying up with premium suppliers and partners, adopting cutting-edge technology, employing experts, and vigorously improving its product line through advanced research and innovation.
Sheikh Ammar Naghi concluded on his expectations regarding the TCL’s products performance in the Saudi market, saying: “TCL is a first-class manufacturer of ACs with products sold around the world. The brand has achieved outstanding results in worldwide markets and I anticipate great success for their air conditioners in the Kingdom as well, especially that the products fulfill a wide spectrum of consumers’ needs including advanced performance, enhanced hygienic and air-filtering features, stylish design, energy efficiency, and environmental friendliness.”