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The Haier Group was founded in 1984 with headquarters in Qingdao, Shandong Province. Haier is one of the world¡¯s leading white goods home appliance manufacturers. Haier manufactures home appliances in over 15,100 different specifications under 96 categories. Haier's products are now sold in over 100 countries around the globe.

Haier has over 240 subsidiary companies, over 110 design centers, plants and trading
companies and over 50,000 employees throughout the world. Haier¡¯s focused industries
include technology research, manufacturing, trade and financial services.

The global revenue of Haier for 2005 was 103.4 billion yuan. Haier Electronics Group Co Ltd (HKG:1169), a subsidiary of Haier Group, is listed on the Main Board of the Hong Kong Stock Exchange. Qingdao Haier Co Ltd (SHA: 600690), also a Haier subsidiary, is listed on the Shanghai Stock Exchange.

(For more biz stories, please visit Industry Updates)