Hisense Electric Net Worth is1.7 $Billion
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Type: State Enterprise with Public company subsidiaries
Traded As: 921 600060
Predecessor: Qingdao No.2 Radio Factory
Foundation: September, 1969
Location City: Qingdao, Shandong
Location Country: People's Republic of China
Area Served: Asia, Africa, Europe, North America
Industry: Electronics
Products: White goods, televisions, mobile phones, cash registers
Services: Real estate, property management, mould production and design, pattern making, IT services
Subsid: over 40
Homepage: [http://www.hisense.com/en www.hisense.com/en]
Hisense (Chinese: aeu?a??e??a??) is a white goods and electronics manufacturer based in China. It is a state-owned enterprise[Bell 1] with publicly traded subsidiaries.
The Hisense Group comprises two publicly traded companies, Hisense Electric Co Ltd, listed on the Shanghai stock exchange (SSE: 600060) and Hisense Kelon Electrical Holdings Co Ltd, which is listed on the Shenzhen (SZSE: 000921) and Hong Kong (SEHK: 921) stock exchanges and a number of other subsidiaries.
Hisense has 13 manufacturing facilities in China (located in the provinces of: Guangdong, Guizhou, Huzhou, Jiangsu, Liaoning, Linyi, Shandong, Sichuan, Yangzhou, Yingkou, Xinjiang, Zibo and the municipality of Beijing) and several outside of China, namely in Hungary, South Africa, Egypt, Algeria and France.
Hisense retails products under several brand names. These include Combine, Kelon, and Ronshen, etc. Hisense is also an OEM, so some of the products it makes are sold to other manufacturers and carry a brand name not related to Hisense.[Bell 2]
The company has run wide-ranging sponsorship efforts one of which resulted in a Hisense-branded flag being flown atop Everest.
Hisense grew out of Qingdao No.2 Radio Factory, setup in September or December of 1969 by Qingdao governmental authorities.[Bell 1] This was the year its existence was first officially recognized.[Bell 3]
Its first product a radio sold under the brand name Red Lantern, Qingdao No.2 Radio Factory acquired the know-how to make TVs through a trial-production of black and white televisions ordered by the Shangdong National Defense Office. This involved technical training of three employees at the Tianjin 712 Factory and resulted in the production of 82 televisions by 1971 and the development of transistor TVs by 1975.[Bell 3]
Television production in China was limited until 1979 when a Beijing meeting of the Ministry of Electronics called for greater development of the civil-use electronics industry. Qingdao No.2 Ra

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Hisense Electric Latest News

China's Hisense launches takeover bid for Gorenje of Slovenia

It is a state entity with publicly traded subsidiaries. Hisense Electric Co is listed on the Shanghai Stock Exchange, while Hisense Kelon Electrical Holdings is listed on the Shenzhen Stock Exchange. Group brands include Combine, Kelon and Ronshen ...
Posted: May 22, 2018, 9:30 am

China's Hisense makes bid valuing Slovenia's Gorenje at $347 mln

Gorenje said received three bids (Updates with takeover bid, details) By Marja Novak LJUBLJANA, May 9 (Reuters) - Chinese household appliances maker Hisense Electric has offered the best bid of 12 euros ($14.22) per share for Gorenje, the Slovenian ...
Posted: May 9, 2018, 10:01 am

China's Hisense makes bid valuing Slovenia's Gorenje at $347 million

LJUBLJANA (Reuters) - Chinese household appliances maker Hisense Electric (600060.SS) has offered the best bid of 12 euros (10.5 pounds) per share for Gorenje (GORE.LJ), the Slovenian appliances producer said on Wednesday after announcing it had received ...
Posted: May 9, 2018, 10:13 am
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