Sunday, December 12, 2010

Hisense Kelon settled White.

<P> After a half a year after many storms, the White Hisense Kelon matter was finally settled. .April 24, Kelon Electrical (000921) announced that Hisense Kelon Group 680 million yuan to obtain 26.43% stake in Greencool finally completed the acquisition of shares held by Kelon. .</ P> <P> the sale price less than the original 900 million yuan to 2.2 billion. .The announcement shows the Government, the transfer of the two sides, the court, federations of industry working group has begun for the final transfer procedures, equity ownership transfer plan was formally completed on May 1. .</ P> <P> "6.8 billion in the same price and expected." Anonymity, said the industry, from the perspective of Shunde city, currently the most important is not the price, but .Hisense Kelon hope to receive soon, as soon as possible to solve the problem. .</ P> <P> another part of the money, or 6.8 billion and 9 billion difference between the 2.2 billion in the hands of the former Kelon Chairman Gu Chujun recovered to Kelon. .</ P> <P> "This is a win-win cooperation in trade." Orient Securities analyst Zhang Ga, said to our reporter analysis, Hisense do large white appliances experienced twists and turns, the White Kelon after the appliance can be white .Kelon aspects integrated into the business, their main business of doing black appliances. .Zhang Ga that Kelon to get three benefits: First, Hisense Kelon for today's lack of funds to provide a stable cash flow, thus ensuring the normal operation can continue. .Second, Hisense Kelon has brought opportunities for the integration of white goods assets. .Hisense air assets and the Group will account for about 10% of the total assets of listed companies in the business injected into Kelon refrigerator. .Third, the White Hisense Kelon after Gu Chujun the distortion caused by the relationship will be able to straighten out, thereby mobilizing the enthusiasm of the upper and lower Kelon. .</ P> <P> professionals also expressed concern about: the White Hisense Kelon appears to be bigger, but there may be blind and big blind diversification and risk. .The people that belong to Hisense Kelon and white and black household appliances industry, the two corporate cultures also varied. .If Hisense handled properly, may cause increasing output without increasing phenomenon. .</ P> <P> Zhang Ga that is now the White Hisense Kelon, the financial risk is basically under control, because it means control of the consignment Kelon's cash flow, but in the corporate culture of how the soft factors .synergy is a potential risk. .At present, Hisense an important issue facing is how to integrate their assets into Kelon white goods company. .</ P> <P> his analysis, the Group's assets injected into Kelon air-conditioning is relatively easy, you can participate in Kelon's share reform, the assets into consideration as a way to be, but as many shares in circulation .Depth stuck with Kelon Electrical, I am afraid it will not be easily changed through the Unit. .Through the issuance of the major shareholders are also possibilities. .The listed company Hisense Electric's refrigerator business is unlikely to be included in the short term to Kelon. .Most importantly, Kelon sales season approaching, now it can make money in the most critical season. .</ P> <P> Insiders said the successful acquisition of Hisense This time, the market equilibrium of the north-south layout Hisense products, enhance its competitiveness at home and abroad, and may lead to the Chinese consumer electronics market increased competition. .</ P>.

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