Zhao Yong, Changhong's new Shuai, signed five agreements in a day at Mianyang's Changhong headquarters yesterday morning. He not only restructured Changhong's industrial chain, but also officially entered the IT industry.
Zhao Yong, Changhong xinshuai, has signed five strategic cooperation agreements with five CEOs, including Chaohua technology, Cosco logistics, and Guangzhou kingfa. Changhong spokesman Liu haizang said that the five major agreements mainly focus on the digital electronic product market to meet the future development needs of Changhong.
According to Changhong insiders, among the five agreements signed, the most "powerful" agreement was funded by Changhong, and the "Changhong Chaohua" was established with Shanghai Chaohua technology ", changhong accounts for 51% of the joint venture. The main business of the new company established by both parties will be centered on computer software and hardware and non-dedicated communication equipment. This marked Changhong's formal involvement in the IT industry following home appliance giants such as Hisense and Haier.
Another major event signed yesterday was the signing of two private enterprises in Guangdong, Changhong and Guangzhou kingfa and Guangzhou Yichang, marking the formal start of Changhong's integration of upstream and downstream industrial chains. Among them, Guangzhou kingfa is the largest manufacturer and supplier of modified plastics, and its shareholding in Guangzhou Yichang is the largest manufacturer of color TV casings in China. Changhong formed an alliance with the company and set up a production base in Mianyang. It undoubtedly hoped to Improve the Quality of Changhong TV by leveraging Guangdong's complete industrial chain and cost advantages. (Reporter Zhang Yan intern Zhang Xin)