According to the bulletin, the laundromat business-related trademarks are licensed for use by the grimes family appliances in the form of exclusive licences worldwide. Upon completion of the deal, the grange domestic appliances and their de facto controllers will no longer produce and sell washing machine products in order to resolve competition among their peers。
Upon completion of the acquisition, the parties will process the existing washing machine business contracts related to the targeted assets. Her original contract with the supplier, the customer was terminated and the contract was re-signed with the supplier, the customer, on a priority basis。
In terms of trade prices, as at 2 december, the carrying value of the garrise washing machine assets was rmb 74,4309 million and the assessed value was rmb 74. 6193 million, with an assessment value added of rmb 188,400,000, representing a value-added rate of 0. 25 per cent。
The bulletin showed that the linkage transaction was fairly priced, that there were no circumstances that would prejudice the interests of the company and its shareholders, especially small and medium-sized shareholders, and that it would not adversely affect the financial position of the company and the results of its operations。
Backtracking the course of the transaction, in march 2021, before launching the offer for heife, grands issued a letter of commitment on avoiding competition, specifying that it would resolve its possible competition with heife within 60 months of the completion of the acquisition。
In may 2021, grant announced that the company had formally completed the offer and became the hyezapo holding shareholder with 51. 1 per cent of the shares. However, the business of washing machines, as a common category of goods, has always been a matter of competition, which is also the focus of market attention。
Following the completion of the acquisition of the assets, the officer-in-charge indicated that grant and his de facto controller would no longer produce and sell washing machine products and that grant and his de facto controller would no longer have substantial competition with the company。
According to official sources, the hueyipau group is one of the world's top 500 companies, a white domestic electric power manufacturing and sales company that entered the chinese market in 1994 and sells products such as washing machines, dryers, refrigerators, embedded cooking power, microwave stoves, etc。
On the performance side, during the first three quarters of the year, huey had achieved a profit of 3,297 million yuan, an increase of 30,61 per cent over the same period, and a net profit of 317 million yuan for the mother, an increase of 496. 88 per cent over the same period. Of these, during the first half of 2025, the net profit from the mother's return was rmb 216 million, or 593. 65 per cent, and the net profit from the deduction was rmb 204 million, or 910. 86 per cent。
Journalists noted that, of the nearly 600 per cent of profits surged in the first half of the first half of 2025, the offshore sector contributed 2,113 million yuan, or 96. 43 per cent, while the domestic sector received only 77 million yuan, or about 3. 51 per cent。
Just in 2024, the hae-pau annual report showed that the foreign market accounted for 3,425 million yuan, or 93. 85 per cent, of the 3,649 million yuan that it received throughout the year; the chinese region earned 125 million yuan, a sharp decline of 77. 02 per cent from the same level to 3. 43 per cent of the total。
On the secondary market, as at 12 december, the price of the shares was $10. 04 per share, a drop of 0. 40 per cent and a total market value of $7,695 million。
