Listed Office Chairs
The office chair-related companies listed on the Shanghai Stock Exchange in China mainly include UE Furniture Co., Ltd. and Henglin Home Furnishings Co., Ltd. Here is a detailed introduction:
UE Furniture Co., Ltd. (UE Stock)
The company was listed on the main board of the Shanghai Stock Exchange on January 23, 2015, with the stock code 603600, being the first chair industry company to go public in China. Its main business covers the research and development, design, production, and sales of ergonomic lumbar support chairs, height-adjustable desks, massage chairs, and other sitting health products. Among them, the ergonomic lumbar support chair is the core product, which is scientifically designed to support the spinal curve of the human body, alleviate fatigue from prolonged sitting, and is widely used in office settings. Leveraging its technological advantages and global layout, the company exports its products to more than 80 countries and regions worldwide. It ranked first in global sales of lumbar support chairs for three consecutive years from 2020 to 2022, leading the market in terms of market share. Its listed status has not only enhanced its brand influence but also provided financial support for research and development innovation and capacity expansion, further solidifying its position as an industry leader.
Henglin Home Furnishings Co., Ltd. (Henglin Stock)
The company was listed on the A-share main board of the Shanghai Stock Exchange in 2017. As a large-scale developer, manufacturer, and exporter of office chairs, its main business includes a series of products such as office chairs, sofas, and massage chairs. Its office chair products focus on combining functionality and comfort, covering็ปๅๅ็ฑป (sub-categories) such as traditional office chairs and smart office chairs to meet the needs of different scenarios. Through vertical integration of the supply chain and large-scale production, the company has advantages in cost control and delivery efficiency, with its products sold overseas and being an important participant in the international market. After going public, Henglin Home Furnishings has accelerated its global layout through capital operations, enhanced its technological research and development capabilities, and gradually transformed from a single manufacturer to a comprehensive home furnishing solution provider.
Industry Significance
The listing of these two companies marks the upgrading of the office chair industry from traditional manufacturing to capitalization and branding. UE Furniture focuses on ergonomic technology to drive product high-endization, while Henglin Home Furnishings consolidates its cost-effectiveness advantage through large-scale production. Their competition and cooperation have jointly enhanced the international competitiveness of China's office chair industry and set a benchmark for the combination of capital operations and technological innovation in the industry.
