Vincent Neil

Electric apparatus of Haier (1169 HK) Announce, upbraid 150 million Hong Kong dollar hold Haier full of Germany like washing machine and Haier full of Germany like the electric apparatus 30% of the stock rights again to affiliate. After holding and finishing again, these two companies will become the wholly-owned constituent company of the electric apparatus of Haier.

Full of Germany and like to mainly study, develop, make and sell the business of the drum type washing machine in the hinterland. Last October, Haier electric apparatus purchase Haier full of to Haier Group Germany like washing machine and Haier full of Germany like the electric apparatus 70% rights and interests. After the trade is finished, its business will expand the barrel type washing machine to roll from the wheeled washing machine business of wave.

At present, Haier electric apparatus mainly deals in washing machine and water heater business of the group, and A-share listing Qingdao Haier ( 600690) Managing business such as air conditioner, refrigerator, both sides do not cross each other. Eastern the intersection of securities and the intersection of electrical home appliances and the intersection of researcher and piece of trade light to show to reporter Haier Group almost injects all business of the washing machines into the electric apparatus of Haier at present while being bad-tempered, but it is still very difficult for the further business reorganization inside the group to confirm time in the future. Before this, Haier electric apparatus points out, the group considers injecting the shares of Qingdao Haier into it.

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Haier electric apparatus purchases 30% of the stock rights of two constituent companies with 14,310,000 euro

Electric apparatus of Haier (1169 HK) Release announcement, the intersection of company and wholly-owned the intersection of constituent company and the intersection of Haier and with full of Germany, like and full of Germany, like, sign the stock right transfer agreement by world the intersection of washing machine and BVI, Haier the intersection of washing machine and BVI purchase to the latter Haier full of Germany like washing machine and Haier full of Germany like the intersection of electric apparatus and every 30% stock right, trade is fixed a price for 14,310,000 euro. Purchase finish, Haier full of Germany like washing machine and Haier full of Germany like, become the intersection of Haier and wholly-owned constituent company of electric apparatus by electric apparatus. Haier full of Germany like washing machine and Haier full of Germany like, engaged in research, develop, make and sell the business of the drum type washing machine in China mainly by electric apparatus.

It is reported Haier the intersection of washing machine and BVI purchase Haier full of Germany like 30% washing machine cost of the stock right 9,200,000 euro, and it is full of Germany to like 30% of the stock rights electric apparatuses to need to pay the cost of 5,110,000 euro to obtain Haier. Haier electric apparatus thinks, after finishing the above-mentioned trade, will go on to two companies as rational valid management and control, enable it to share resources with the other constituent companies of the company more effectively, thus improve its efficiency of operation, consider the competitiveness that can promote company's drum type washing machine business even more from a long-term and improve its earning power.