At 3:00: States United States to continue to host large and medium BOE billion deficit - Gome, Dazhong, BOE - HC network appliance industry-hc360

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States United States to lend 3.6 billion will continue to host large and medium
induction cookers


induction cooker

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induction stove

For the year Pre-losing 1 billion BOE losses on government red envelope



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Four Seasons Song Mu deny "eligible rural areas" was canceled



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Commerce Department: the promotion of TM to expand the recycling system



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Best Buy third-quarter net profit of 227 million U.S. dollars-than-expected



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Lack of domestic kitchen standard electrical system to be bundled with the cabinet



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BOE 200 million yuan of funds by state subsidies



News Focus



States United States to lend 3.6 billion will continue to host large and medium



Abstract:

GOME Electrical Appliances

December 15 announcement that its subsidiary, Tianjin has made renewal of the consulting contract, entrusted loans, loans to banks through the holy war to Beijing again to provide the original number of 3.6 billion loan for a period of 2 years, December 15, 2009 to December 14, 2011. Gome said in the statement, Tianjin Consulting has entered into discretionary management agreements and options agreements supplemental agreement to amend certain provisions of the agreement ... ...



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Industry Focus:



For the year Pre-losing 1 billion BOE losses on government red envelope



Abstract:

The year is approaching, the annual Pre-losing nearly 10 billion

BOE

A in turn received from the Government a "red envelope." December 15, BOE announced that the National Development and Reform Commission will grant 200 million yuan of funds BOE. This was the BOE has received in December of this year's third government "red envelope." According to relevant regulations, the Government grants are recognized when received profit for the year, will be BOE in 2009 a major impact on business performance

.

 

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Song of Four Seasons Mu

deny "eligible rural areas" was canceled



Abstract:

Ministry of Commerce announced the cancellation of last week 24 companies

Bringing home appliances

Successful qualification of the blacklist, the Chinese famous trademark

Solar water heaters

Mu-song leader in the four seasons impressively. December 15, Beijing Four Seasons Solar Energy Technology Co., Ltd. Song Mu spokesman said in an interview peak, this system is largely misunderstood, in fact, Song of Four Seasons Mu qualified appliances to rural areas has not been canceled. In order to avoid some cross-regional flow of winning the business management needs, give up in Gansu Province won the bid qualifications ... ...



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Commerce Department: the promotion of TM to expand the recycling system



Abstract:

According to Commerce Department statistics, as of now, home appliances

TM to

Since its implementation, has recovered 3.23 million units of waste household appliances, has been dismantling 1.16 million units of waste household appliances, has been

Sell

2.81 million units of new home appliances, sales of 11 billion yuan. Up to 3.5 million units daily recycling of waste electrical appliances, daily sales of nearly 3 million new appliances. In this regard, the Secretary of Commerce Standard Commercial Director Rong Zhaoxia change, said appliance Since the implementation of TM to the policy of expanding domestic demand.



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Best Buy third-quarter net profit of 227 million U.S. dollars-than-expected



Abstract:

December 15, according to foreign media reports, the United States

Best Buy

Today (Dec. 16) announced that the company as of November 28 for the third quarter net income rose to 227 million U.S. dollars, earnings per share of 0.53 U.S. dollars; last year the net profit of 52 million U.S. dollars, earnings per share of 0.13 U.S. dollars. Best Buy Third-quarter revenue rose 5% to 12 billion U.S. dollars, compared with revenue of 115 billion. Analysts had expected third-quarter revenue of Best Buy 120 billion.