Xinhua All 200 Million Into The Home Appliance Industry In March Also - Xinhua All

Xinhua all groups will be formally announced in Shanghai once again into

Home Appliances

Trade, investment 32 million U.S. dollars stake in Shanghai? Pentium Electric Co., Ltd. (hereinafter referred to as Pentium electrician).

This is in a week, Xinhua said both the second high-profile investments. Just this week two, Xinhua's Hong Kong and Macau through its information amount to 25 million U.S. dollars acquisition of four

IT

Company. Tang Jun, president of Xinhua are revealed in March this year, Xinhua are also.

Jun Tang introduced the Xinhua all investment, accounting for 19.9% of the shares Pentium electrician to become its second largest shareholder. His goal is to achieve Pentium electricians listed in 3 years.

Learned, Pentium Shanghai Electric is a local main

Small appliances

Private enterprises, the main products include

Rice cooker

And razors and other personal care appliances. Among them, the razor business in just two years, occupying 10% of domestic market share, this is Jun Tang Chinese and one of the reasons Pentium electrician.

Far, Xinhua has but it encompasses all the Group's reach retail, mining, real estate, tourism, IT field, beer,

Medicine

Eight industry and household appliances.

"Investment Xinhua all Pentium is diversified electrical layout of a part of the overall strategy, will continue to invest in the future." Tang Jun said that both the investment of Qingdao beer, Yunnanbaiyao, or today's Pentium electrician, investment and people's livelihood are the main line related addition, the company ranks the first three position in the industry.

According to Tang Jun said, over a period of time, Xinhua Yunnanbaiyao in Tsingtao Brewery and return the two shareholder companies has reached 70% -80%, "So, Xinhua is not bad money." At the same time, higher investment returns and risk diversification of investment is the reason he insisted.

"2 +2 +2 = 1"

Second child philosophy

Held in January 28 Xinhua all Pentium Electric shares news conference, Jun Tang for the first time outlined his "2 +2 +2 = 1, the new diversity theory", that is, "Xinhua is the second child philosophy. "

It is reported that since joining Xinhua Tang Jun, after all, are now set Xinhua, president, chairman of Hong Kong and Macau Information, chairman of Xinhua all charitable funds and other jobs at a new investment Pentium electrician, Tang Jun will also be a director.

Yesterday (January 28), he used the "2 +2 +2 = 1" theory to explain this new diversity is the second child Xinhua philosophy.

"I joined the Xinhua all, just want to experience something never experienced before, Microsoft, Shanda are large international companies, but only in an industry." Tang Jun said that, while the Xinhua all for him is a new area, but must have the original company of Xinhua (Xinhua that all supermarkets, department stores) bigger and stronger, not his strengths.

"My value is in the 2 into 5, the 5 into 10, to create a pluralistic model of Xinhua are unique, do not do the boss made her second child." Jun Tang that this is all old Xinhua Second Philosophy.

"We are in the second, the third largest shareholder access to different areas, but not to participate in holding and effective management." Tang Jun said that the ultimate strategic need to diversify in order to establish the Kingdom of Xinhua are.

In Jun Tang's view, if each of Xinhua are entering a new industry, have to take up certain death.

by:gaga

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