久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

USEUROPEAFRICAASIA中文
Guangdong / Business

Gree makes foray into electric car race

By Li Fusheng (China Daily) Updated: 2016-08-22 07:44

 Gree makes foray into electric car race

A person passes by a Gree outlet in Yichang, Hubei province. Zhou Jianping / For China Daily

China's largest air conditioner manufacturer is jumping on the electric vehicle bandwagon having agreed to pay 13 billion yuan ($2 billion) to acquire an automaker in Guangdong province.

Gree Electric Appliances Inc will fund the takeover of Zhuhai Yinlong New Energy Co by selling 834.9 million new shares at 15.57 yuan apiece, about 19 percent lower than the stock's last traded price, according to its filing to the Shenzhen stock exchange on Aug 18.

Gree shares have been halted from trading since Feb 22 "because of a possible important takeover". Its shares will remain suspended until after the Shenzhen stock exchange and other government agencies review and approve the acquisition, the appliance maker said in a statement on Aug 18.

Established in 2004, Yinlong started making inroads into the new energy sector in 2009. The company sold 3,189 electric buses in 2015, seizing a 3.6 percent market share in China.

It has a lineup of seven electric passenger cars and 18 electric buses, according to its website, and also manufactures lithium-ion batteries as well as controller systems for electric vehicles.

Gree's President Dong Mingzhu has long made public that the company plans to produce electric cars as part of its strategy to diversify its business interests.

She told China Daily earlier this year that Gree's business activities will range from its core air conditioners and white goods to smartphones, new energy vehicles and intelligent equipment.

The company launched its second generation of smartphones in June, after an almost year-long trial operation of its first batch, which were only sold to employees for testing purposes.

Auto industry analysts believe Gree's foray into the electric car making sector is mainly a result of the favorable policies, including subsidies, that have been introduced to promote and develop the sector.

China, already the largest new energy vehicle market in the world, plans to put 5 million such vehicles on its road by 2020.

Some reports, however, have suggested that Gree's takeover is aimed more at Yinlong's battery technology than its cars.

Dong revealed in March that Gree is developing new products that would serve air conditioners and generate electricity for home appliances under the same roof, reported the Automotive Business Review magazine.

The report said such products would require electricity generation and storage technologies, which Yinlong has specialized in.

Gree also released its mid-year financial report on Thursday. Its net profit rose 12 percent to 6.4 billion yuan in the first half of the year while its revenue slipped 1.85 percent to 49.2 billion yuan.

Its revenue slumped nearly a third to 99.8 billion yuan in 2015, the company's first annual sales decline on record.

My Chinese Dream

Shakespeare star Ian McKellen has fun in China

Ian McKellen, who is known as a fine Shakespearean actor and is a six-time recipient of the Laurence Olivier Award, recently came to China for the worldwide activity Shakespeare Lives. But his China tour is much more than that.

My China Story

Getting my first hair cut in Ningbo

One of the potentially most traumatic things a girl has to go through is finding a new hairdresser.

...
主站蜘蛛池模板: 亚洲风情第一页 | 一区二区三区日本视频 | 亚洲第一成人天堂第一 | 欧美一级欧美一级毛片 | 成人欧美一级毛片免费观看 | 爽爽窝窝午夜精品一区二区 | 欧美一级影院 | 国产精品久久在线 | 亚洲无线一二三区2021 | 国产久视频| 亚洲国产欧美精品一区二区三区 | 亚洲人成综合网站在线 | 国产精品爱久久久久久久9999 | 亚洲国产精品国产自在在线 | 福利国产视频 | 大学生一级一片第一次欧美 | 亚洲男人在线 | 国产日韩精品一区在线不卡 | 黄色免费在线观看视频 | 日韩美女爱爱 | 日韩性网 | 日本特一级毛片免费视频 | av在线手机播放 | 视频二区 中文字幕 欧美 | 91精品宅男在线观看 | 亚洲男人的性天堂 | 毛色毛片免费观看 | 日韩男人的天堂 | 情侣自拍啪啪 | 国产精品日韩欧美 | 国产亚洲精品成人一区看片 | 黄在线看 | 在线视频一区二区三区三区不卡 | 成人自拍视频 | 在线毛片网站 | 99色视频在线观看 | 国产三级香港三韩国三级 | 国产成综合 | 欧美一级做一级爱a做片性 欧美一欧美一级毛片 | 久久久青青久久国产精品 | 日本精品高清一区二区不卡 |