BROAD Timeline
BROAD TIMELINE
  • 1988
    The brothers, Zhang Yue and Zhang Jian, registered the private company BROAD Thermal Research Institute in Chenzhou, Hunan with a capital of RMB 30,000
  • 1990
    Successively assigned the patents and drawings of pressure-free hot water boiler for 7 times with a collective income of nearly RMB 1 Million
  • 1992
    The direct-fired non-electric chiller was invented. BROAD relocated to Changsha and renamed as BROAD Air Conditioning, staff totaling 43
  • 1994
    Started setting up sales and service offices in key provinces around China The Advertisement of BROAD·Opening a New Era of Central Air Conditioning was broadcasted at CCTV prime time
  • 1995
    Built up the first phase of BROAD Town and the assembly line for non-electric air conditioning, staff totaling 433
  • 1996
    The world's No.1 seller of non-electric air conditioning and China's No.1 seller of central air conditioning by sales volume
  • 1997
    Founded BROAD USA and started international sales
    A corporate jet and helicopter were purchased, marking BROAD the first company in China to own private aircraft (5 more aircrafts were purchased afterwards. However, with increased environmental consciousness, BROAD stopped using corporate jets 10 years later)
  • 1998
    The two brothers separated. Zhang Yue took over BROAD Group. Zhang Jian operated the Sino-Japanese joint venture BROAD Beltecno and the later BROAD Homes. The two shared the brand of BROAD and operational management resources
  • 2000
    BROAD Town expanded to 0.7km2 after 5 land acquisitions, and the construction of the new millennium area was completed
  • 2002
    BROAD was rated China's No.1 taxpayer among private companies by the State Administration of Taxation
  • 2003
    The BROAD Values was released, with BROAD positioned as a "social enterprise"
  • 2005
    China's first company to implement Energy Management Contract of Central Air Conditioning
    The Premier and the NPC chairman of China visited BROAD Town and spoke highly of BROAD innovations and environmental protection endeavors
    Launched the transparent sales model with the Product Price List and the Fair Pricing Policy disclosed to the public
  • 2006
    China's first company to invent clean air products
  • 2007
    BROAD Town expanded to 1km2 after 12 land acquisitions, staff totaling 1829
  • 2010
    BROAD Group was established, consisting 6 subsidiaries covering air conditioning, clean air technology, energy service, sustainable building, building energy efficiency, recycling fuel oil as well as 2 other located in Tianjin and USA
  • 2012
    BSB Town reached 1.3 km2 with factory area covering 230,000m2
    BROAD products have been sold to more than 80 countries
  • 2015
    The 57-floor Mini Sky City was constructed within 19 days and was selected as one of "the 40 influential innovations in the world"
    BROAD hosted the annual meeting of the Mountain Tai Club
    Staff of BROAD Group totaling 3992
  • 2016
    BSB case was listed in the Annual report of global construction development by the World Economic Forum
BROAD Town, Changsha, Hunan, China 410138www.broad.comTel +86-731-84086688Fax +86-731-84610087
Copyright© BROAD Group