We had started developing a drum washing machine, and also have certain progress, if I hurry, next month will launch new products. In August 30th, ghd iv styler in the announcement made clear at the end of 2007, GHD Company will be basically completed, will be built to form an annual production capacity of 4500000 units. Refrigerator technological expansion project will be completed this year, GHD total production capacity from the current 2200000 to 3000000.
China Merchants Securities analysts believe that this is precisely its takeover of ghd hair straighteners industry provides the background: the next three years 8000000 refrigerators, GHD capacity strategic goal, will not rule out selection through mergers and acquisitions strategy implementation. To this GHD Department of securities in an interview with reporters also said the GHD brand in the country is very famous; especially its GHD business development is very promising.
But the acquisition is both sides of things, we can not unilateral decision, especially there are many ghd enterprises want to buy a product, finally to see Wuxi united decision. But Wuxi United staff answer is: there are several GHD companies that purchase intention, but the present stage is also in the discussion process.
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