Midea Group, a major Chinese manufacturer of electrical appliances, said in early April that it intends to go public on the Shenzhen Stock Exchange.
Previously, only GD Midea Holding Co. Ltd., a subsidiary that specializes in making air conditioners, compressors and refrigerators, was listed.
Midea Group intends to integrate its varied businesses, worth a total of 30 billion yuan and involved in motor manufacturing, logistics and small making appliances, with GD Midea Holdings.
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He Chunmei , Yu Ning via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/TmCKSTOMUR0/
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