China's Xiaomi-backed Viomi Technology debuts on Nasdaq

Viomi Technology, a Xiaomi-backed Chinese seller of internet-connected home appliances, debuted on the Nasdaq stock exchange on Tuesday, trading under the ticker symbol of "VIOT." Viomi priced its initial public offering (IPO) of 11.4 million American Depositary Shares (ADSs) at $9.00 per ADS for a ...

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Aux’s online wholesale mode produces strong results

As anxieties over the lackluster sales at the beginning of FY 2019 (August 2018) looms the industry, Aux dazzles the eyes of all with its popular online wholesale meetings in more than 20 provinces and 4 provincial-level cities, giving credence to the effectiveness of its online wholesale mode.

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TCL Air Conditioner aims for high-quality growth

TCL Air Conditioner announces its strategy of pursuing high-quality growth after joining Gree and Midea to be one of the 10-million-unit sellers of air conditioners in 2017.

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Haier joins hands with clothes makers to offer full-life-cycle solutions

An alliance regarding the application of IoT in China’s clothes industry was jointly initiated by Haier, China National Garment Association and GS1 China on August 26th 2018, attracting more than 100 large and medium-size clothes makers and more than 20 Internet players.

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Frestec relaunches production after acquired by Konka

Frestec relaunches its production on August 28th 2018 after its three subsidies fully acquired by Konka at the price of 455 million Yuan on June 29th 2018. Zhou Bin, President of Konka, says at the production launching ceremony that, the reorganization of Frestec “has to succeed”.

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