On October 19, Forbes China officially released the first list of top Chinese multinational business leaders to celebrate the remarkable achievements made by these leaders in sales, innovation and overseas layout. Chen Yanshun, Chairman of BOE, was selected into the list.

Since the inception of BOE, Mr. Chen has been involved in every stage of the development and transformation of the company and played a key role in the company’s joint stock reform, IPO, overseas M&As, investment and financing for key projects, and IoT-based transformation. In the capacity of CEO, he led the management team and contributed significantly to the growth of the company. In 2018, BOE earned a revenue of RMB 97.1 billion with overseas business contributing as high as 55.78% and overseas patents filing exceeding 38%. According to IFI Claims, in 2018, BOE was the world’s 17th largest U.S. patent assignee and the fastest grower among the top 20. WIPO released the list of 2018 PCT patent applications, in which BOE ranked No.7 with 1,813 applications.

As an innovative global company, BOE has established its presence worldwide with its IoT-based products and solutions in smart display, smart retail, and smart transportation. One in four displays is made by BOE. The global market share of BOE in smart retail has exceeded 50%. BOE’s smart display products and services have reached partners such as metro companies in Russia and Italy. BOE has subsidiaries in 19 countries and regions including the U.S., Germany, the UK, France, Switzerland, Japan, South Korea, Singapore, India, Russia, Brazil and the UAE, with its services available in key markets across Europe, Americas, Asia and Africa.

Mr. Chen believes that innovation in technology is the foundation for competing on the global arena. Faced with the opportunities in the trillion-dollar market presented by IoT, BOE will give full play to its core technologies and capabilities and divert more efforts in various IoT scenarios such as smart transportation, smart retail, smart finance, smart healthcare and engineering integration and IoT in industries to create value and the best smart life experience for customers all over the world.

Chairman Chen Yanshun ranked among top Chinese multinational business leaders