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strip heaters and other small appliances business Recent concern of the industry's U.S. business will be sold in the microwave rumors finally get to the bottom. Midea (000527) announcement that the United States and the appliance is to be held by the Group subsidiary Xinhua 85% stake to 249 million yuan to the U.S. transfer pricing group, Midea Midea Group has signed a share transfer agreement . To the U.S. and Japanese electrical appliances completely separated groups, also means that it will microwave ovens, small appliance, water heater and other business completely stripped. It is understood that the United States daily life of the CLP Group, including electrical appliances, water heaters, kitchen appliances and microwave oven business, the company's 2004 net profit -9141.2 million as of March 31 this year, the company's total assets 4.86 billion Yuan, liabilities amounted to 4.49 billion yuan, 1.48 billion yuan total receivables. Xinhua Group since its inception, has been the electrical and the United States by the U.S. group holds 85%, respectively, and 15% of the shares. Announcement shows that after the share transfer, all in the Xinhua Group are registered trademarks of the United States use of small household electrical appliances will no longer by the company, but license Xinhua subsidiary of the Group and their continued production of small household electrical appliances using the U.S. trademark and related trademarks to receive royalties for sales of products using the trademarks of U.S. sales of 0.3%. Learned that as long price war, the U.S. microwave business has been at a loss. Although before the news that the U.S. microwave break even last year, the annual report from the U.S. electrical view, its 80% stake in Guangdong Midea microwave oven manufacturing companies are still more than 3,000 yuan last year, a loss. This media analysis that the United States are likely to have been a loss in the microwave business sold or removed from listed companies. But then the U.S. side, he denied this claim, but today, microwave oven business listed companies from the United States finally removed. June appliances compared the national regional procurement Click here to view all This week, the distribution of household appliances industry procurement as shown above (www.Hc360.com): This week, Central South purchases 38% of total purchases; East China purchases 29% of total purchases; North China regional purchases for 12% of the total procurement volume. This week, Central China purchases 9% of total purchases; southwest purchases 5% of the total purchases, northwest, northeast China, respectively of the total procurement volume purchases of 4% and 3%. 1, the latest national sales ranking U.S. water heater The e-commerce company in China offers quality products such as Directional Panel Antenna , Grid Parabolic Antenna Manufacturer, and more. For more , please visit Directional YaGi Antenna today!
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