Partnering with the German company Liebherr, it started producing refrigerators. 78, publicly issued public shares of RMB50 million to the public, raised funds of RMB369 million, so that the Company was changed from a targeted fundraising company to a social fundraising company. In 2007, completed the Directional Additional Issuance Project, issued Renminbi common share of 142,046,347 shares to Haier Group Company, acquired Qingdao Haier Air Conditioning Electronics Co., Ltd., Hefei Haier Air Conditioner Co., Ltd., Wuhan Haier Electric Co., Ltd. and Guizhou Haier Electric Co., Ltd. equity. The Qingdao, China-based company has grown rapidly to capture the number two spot worldwide in its core refrigerators segment, trailing only the United States' Whirlpool. Originally an importer of domestic refrigerators, Fisher & Paykel now holds over 420 patents and bases its identity on innovative design, particularly in the areas of usability and environmental awareness. Fisher & Paykel (/ ˈ p aɪ k əl /) is a major appliance manufacturer which is a subsidiary of Chinese multinational home appliance manufacturer Haier.It is based in East Tamaki, New Zealand.. In December, the Company's introduction of foreign investors was approved by the Ministry of Commerce of the People's Republic of China; the Company's holding subsidiaries and related parties of the Company subscribed to the financial company for capital increase in cash according to their respective shareholding ratios. “Qingdao Haier History. As the household appliance business integration platform of Haier Group, it continuously promotes business integration and the construction of the Company's overall governance structure, gradually becoming the world's first brand of white goods. In March, the Company acquired the 74.45% equity of Qingdao Haier Air Conditioning Co., Ltd. held by the Group, and after the completion of the acquisition , it held a total of 99.95% of its equity, and the air conditioning business further increased its strength; in May, the Company was renamed "Qingdao Haier Co. Ltd". 4.Acquiring GE household appliance business and several overseas assets to enhance global competitiveness. Haier grew in China in coming years and had expanded its business empire by procuring Red Star, its main rival in electrical appliances manufacture. By purchasing Meneghetti’s manufacturing unit in Italy, Haier had made its way into European market. It has funded over 186 schools till date. Note：Qingdao refrigerator general factory site. © 2000-2020 Haier.com. Qingdao Haier became the top selling household appliances company in the world in terms of total global retail volume, achieving a global market share of 8.3%, according to Euromonitor.This was the first time a Chinese household appliance manufacturer achieved such a ranking. Note：In 1985, Haier people smashed 76 refrigerators to awaken Haier's awareness of quality. Further the name was reduced to Haier Group in 1992. Shareholder Return Plan for the Next Three Years, which systematically guarantees Qingdao Haier investors to obtain a high level of return benefits and enjoy the results of the Company's value growth at a deeper level.In October, the Company invested in the construction of 5 million sets of fluorine-free frequency conversion, energy-efficient and environmentally friendly air-conditioning projects in Zhengzhou,China through the establishment of Zhengzhou Haier Air Conditioner Co., Ltd. (the specific name is subject to the approved name of the industry and commerce). All rights reserved. HISTORICAL PERSPECTIVE 9 2.1 Parent Company History: 9 2.1 (a) Rebuilding a Refrigerator Plant in the 1980s: 10 2.1(b) National Brand Leader in the 1990s: 11 2.1(c) Diversification in the 1990s: 13 2.1(d) Global Brand in the New Century: 14 2.2 History of Haier Pakistan: 15 3-STRATEGIC ANALYSIS OF CURRENT CORPORATE AND MARKET DRIVEN STRATEGY 16 3.1 Corporate Strategy: 16 3.1(a) Brand … The completion of the acquisition resolved the problem of horizontal competition between Qingdao Haier and four companies. Throughout the history of Haier, providing the best service has been incredibly important and will continue to be so. Company profile page for Haier Group Corp including stock price, company news, press releases, executives, board members, and contact information By continuing to browse the site you are agreeing to our use of cookies. In 2001, Qingdao Haier once again publicly issued 100 million shares with an issue price of RMB18 per share. Haier Group is equally enthusiastic in the field of social works. In many of Haier’s target markets, the company deliberately leaves out mention that it is a Chinese company in advertising and product brochures as they feel it would be detrimental to the brand if consumers associated the Haier name with China. In 2015, the Company acquired the Group's overseas white goods assets, including 2 holding companies and 26 operating companies, and basically completed the global layout. Haier made a profit of around 15 billion yuan in 2014. The company also conducts sports events, charity programs in regular basis. Haier company represents 96 models with more than 15 thousand different models of the goods (washing machines, conditioners, microwave ovens, refrigerators, dishwashers, plasma panels, laptops, DVD players, LCD TVs, mobile phones and much more. In June 2016, the Company basically completed the acquisition of GE household appliances business and assets, and further expanded its global business space. From a manufacturing factory to one of leading electronics appliance company - the story of Haier is inspiring. 3 from the Qingdao Municipal Reform Commission on March 24, 1989 to establish a joint stock limited company through targeted fundraising based on the reorganization of the Qingdao Refrigerator General Factory. Company History: Haier Group Corporation is one of the world's top-selling makers of white goods and other home appliances. Continuously integrating Haier Group's household appliance assets and becoming a bigger and stronger listed company . The relationship between the company and the upstream and downstream industry chain has changed from one based on zero-sum game to one featuring a benefit-sharing community. The origins of Haier date back long before the actual founding of the company. In 2009, the Company further increased its holdings of 647,115,110 shares of Haier Electric Appliances, accounting for 31.93% of its total share capital. The Qingdao, China-based company has grown rapidly to capture the number two spot worldwide in its core refrigerators segment, trailing only the United States' Whirlpool. The final years of the century saw, Haier producing computers and mobile phones in China, thereby obtaining largest share in national market. In 2001, Qingdao Haier once again publicly issued 100 million … In 2019, Qingdao Haier Completes the Acquisition of Candy to Strengthen Global Leadership in Smart Home Appliances. The establishment of 42 sales branches to resolve domestic sales-related transactions and the establishment of its own independent sales platform has improved the Company's operating independence and made the operation of listed companies more standardized and transparent. As its products got variegated, the company renamed its title to Qingdao Haier in 1992. The Haier users stood 36.85 million in 2014, according to the company report. In the 1920s, a refrigerator factory was built in Qingdao to supply the Chinese market. 2. On March 11, 1993, approved by the Qingdao Municipal Shareholding Pilot Work Leading Group Qinggu Ling Zi [1993] No.
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