Joyoung innovates in its appliances

Editor's Note: In this ongoing series on the birth and growth of privately owned Chinese companies that are redefining innovation, China Daily profiles Joyoung Co Ltd, one of China's leading private home appliance manufacturers and soybean milk makers, which plans to add to its research and development effort and develop more innovative new artificial intelligence home products.

Joyoung, one of China's leading private home appliance manufacturers and soybean milk makers, said it plans to add to its research and development effort and develop more innovative new artificial intelligence home products to meet consumers' needs.

Currently, the soybean milk maker puts over 200 million yuan ($30 million) into research and development, equal to 3 percent of its sales revenues. It employs more than 700 people in its research and development team and aims to recruit more.