Founded in 1847, Siemens AG is a global leader in the field of electrical and electronic engineering. Siemens has been in China since 1872. For more than 140 years, it has continuously supported China ’s development with innovative technology, excellent solutions and products, and with outstanding quality and reliable reliability, leading technological achievements, The unremitting pursuit of innovation has established a leading position in the Chinese market. In 2015 (October 1, 2014 to September 30, 2015), Siemens' total operating income in China reached 6.94 billion euros, with more than 32,000 employees. Siemens has developed into an inseparable part of China's society and economy, and sincerely cooperates with China to work together to achieve sustainable development.

In September 2014, Siemens AG and Bosch Group reached an agreement: Robert Bosch will acquire 50% of the joint ventures held by Siemens Bosch and Siemens Household Appliances Group (referred to as Bosi Home Appliances). Will become a wholly-owned subsidiary of Bosch Group, Siemens completely withdraw from the field of home appliances. The sale of home appliance business is one of the embodiment of Siemens' focus on electrification, automation and digitalization strategy.