Haier Electronics Group Co., Ltd - HRELY

Haier Electronics Group Co., Ltd., an investment holding company, engages in the research, development, production, and sale of washing machines and water heaters under the brand name of Haier, Casarte, and Leader in the People’s Republic of China. It operates through four segments: Washing Machine Business, Water Heater Business, Channel Services, and Logistics Business. The Washing Machine Business segment manufactures and sells washing machines. The Water Heater Business segment manufactures and sells water heaters. The Channel Services Business segment provides sells and distributes home appliances and other products, as well as provides after-sale and other value-added consumer services. The Logistics Business segment provides logistics services under the Gooday brand. It is also involved in the manufacture and sale of accessories for electrical appliances; online sale of home electric appliances; construction of production facilities for washing machines; and export sale of home electric appliances. The company was founded in 1984 and is headquartered in Central, Hong Kong. Haier Electronics Group Co., Ltd. is a subsidiary of Qingdao Haier Co., Ltd.