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TCL to b Vitiligo symptoms uy into medical equipment firm
发起人：xuzh63　　回复数：0　　浏览数：2708　　最后更新：2011/11/23 12:52:02 by xuzh63

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2011/11/23 12:46:53
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TCL to b Vitiligo symptoms uy into medical equipment firm
TCL to b Vitiligo symptoms uy into medical equipment firm

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TCL to buy into medical equipment firmPublished: 25 Oct 2009 19:49:00 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P]Oct. 26, 2009 (China Knowledge) - TCL Corp&lt;000100&gt;, a major Chinese TV and mobile phone manufacturer, earlier this month signed an agreement with shareholders of Beijing Sinopharm Hundric Medline Information Technology Co Ltd to buy into the medical equipment firm, sources reported.</P]<P]According to the agreement, TCL will spend RMB 31.09 million to buy shares of Sinopharm Hundric from the latter's shareholders, which include state-owned China National Medical Equipment Industry Corp. TCL will also acquire new shares of Sinopharm Hundric at a cost of RMB 21.22 million.</P]<P]TCL will hold a 51.8% stake in Sinopharm Hundric when the deal is completed. </P]<P]However, TCL said its investment in Sinopharm Hundric is small and that the firm's key investments will focus on media industries.</P]<P]The investment is in line with the firm's business plan, which was disclosed along with the firm's half-year results. Li Dongsheng, president of TCL, previously said that the firm will invest in new fields such as medical devices and home appliance recycling.</P]<P]Some analysts noted that the investment in medical devices is risky for TCL because it is not familiar with the industry. Meanwhile, TCL's core business is still posting losses.</P]
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