1. ZTE's pre-tax losses of 7 billion yuan to 9 billion yuan in the first half of the year, the lifting of the ban will not take effect;
ZTE News, ZTE Corporation announced the first half of the performance forecast. On the evening of July 13, ZTE released a performance forecast, expecting the net profit of shareholders of listed companies from January to June 2018 to -9 billion to -70.00 Billion, year-on-year change -492.52% to -405.29%, the average net profit growth rate of the communications equipment industry was 17.62%. ZTE announced that its performance during the reporting period decreased significantly compared with the same period of the previous year, mainly due to: (1) The company issued the "Notice on Progress of Major Events" on May 9, 2018. Due to the inability of the company's main business activities to carry out business losses, accrued losses; (2) The company issued on June 12, 2018 A fine of 1 billion US dollars as stated in the progress of major events and the announcement of the resumption of trading.
On the same day, ZTE also issued an announcement saying that the second extraordinary shareholders meeting will be held at 9:00 on August 28, 2018 (Tuesday). In the news, ZTE’s A shares rose sharply, and yesterday’s A shares closed daily limit. , reported 13.31 yuan; today's A shares closed up 5.94%, reported 14.10 yuan.
According to a report released by the Ministry of Commerce website, according to the "Voice of America" news on July 12, the US Department of Commerce said that the United States has signed an agreement with China ZTE Corporation to cancel the ban on US suppliers and ZTE for nearly three months. The ban, ZTE will be able to resume operations, the ban will be lifted after ZTE pays 400 million yuan to the US.
The US Commerce Department said in an email statement on Wednesday that ZTE has signed a escrow agreement with the US Department of Commerce. Once the company deposits $400 million into the escrow account, the ban on ZTE will be lifted. ZTE is currently allowed to temporarily resume some businesses. Activities until August 1. (Proofreading / Spring and Summer)
2. The New York Times: The US-China trade war, rare earth is the key;
'Overseas newspaper compiled Li Yi reported on July 12' that Amanda Lacaze picked up her iPhone and said the name of the special mineral needed to make it. The screen needs 镧, 铈, and there are 内部, a magnet made of enamel.
The New York Times reported on the 11th that almost all of these minerals came from China. The job of Lakaz is to provide another source to the world, just in case the trade war is out of control, China will cut off supply.
But now, she is very difficult to do. Her company, Lynas Corporation, can only provide a small amount of minerals produced in China, which are called rare earths. Not only that, but this source is also unstable. Complex and expensive, Linus was on the verge of collapse.
On Tuesday, the Trump administration stepped up its trade war with China, threatening to add taxes to an additional $200 billion in Chinese products. In addition to tax increases, China can use other forms of retaliation, which can refuse to buy American products, such as Boeing. Aircraft. It may strengthen the regulation of US companies doing business in mainland China. It may also threaten to sell its huge US Treasury portfolio, which will disrupt the bond market.
There is also a more strategic weapon that China can use to take its lead in cutting off global supply chains. China is a major supplier of a range of common but important materials and components that are needed to sustain operations around the world. These include arsenic in semiconductors, cadmium in rechargeable batteries, tungsten in light bulbs and other heating elements.
This also includes rare earths. Trade wars put these minerals in conflict, and China may counterattack by cutting off supplies to US companies. Rare earths have been involved in this conflict. On Tuesday, the Trump administration issued a tax hoping Long list of Chinese made goods.
China used its control of rare earths to achieve its goals. In 2010, due to territorial disputes, it stopped exporting to Japan for two months. Speculators hoarded rare earth mines, causing prices to soar.
Ryan Castilloux, founder of the research firm Adamas Intelligence, said: 'There are loopholes in the Western supply chain.'
If you don't have rare earths, you can't go on for a day. There are rare earths in mobile phones, TVs, hair dryers, and electric cars.
They are not rare, they consist of 17 elements. However, as far as Linus is concerned, converting a single mineral into a useful material is very complicated and expensive.
Large-scale rare earth refining is carried out in only two places around the world: China and Linus in Kuantan, Malaysia.
For Linus, China is the most direct challenge. Linus is now profitable, but Lakaz believes that the potential trade war between China and the US is not so much an opportunity as a threat. The Chinese government It can keep rare earths away from the market and deprive many American and European manufacturers of the mineral resources they need.
Linus can't make up for it. According to Diamond Intelligence Research, last year, Linus only accounted for 12% of the world's rare earth output. Chinese companies accounted for more than 4/5.
Lakaz said: 'If the comprehensive trade war begins, I can't believe that China does not use rare earth. ' If China wants to limit the supply of rare earths by taxing or stopping exports of rare earth products, 'can do it overnight'.
In this case, companies will seek alternatives to rare earths. For example, Tesla Motors chose engines that do not require rare earths after the surge in rare earth prices in 2010. This would hurt Linus's business.
China Rare Earth Industry Association did not respond to requests for comment.
Even if it does not cut off supply, China will continue to maintain control of the rare earth market for a long time. Lakaz said that it also dominates the research and development of these minerals, making it an advantage in the future development.
She said: 'About 100 doctors in China are engaged in technology development in the field of rare earths. As far as I know, do you know how many such doctors are outside China?' She used her fingers to make a shape of '0'.
She said that for other countries, this means having to rely on China for a long time. 'This didn't scare me, but it should scare policy makers.' (End)
3. China Mobile and Xiaomi signed a strategic cooperation, the former has joined the millet;
Episode micro-network reported on July 13
This afternoon, China Mobile and Xiaomi held a signing ceremony for a strategic cooperation agreement in Beijing. The two sides will cooperate in the fields of channel, capital and marketing.
At the signing ceremony, the two parties stated that they will jointly explore the development opportunities of the emerging business areas based on the established good cooperation relationship, and will be based on the strategic layout of the two parties, resources and capacity advantages, joint marketing, channel transformation, intelligent hardware, government and enterprise. Strategic cooperation in various aspects such as business, overseas services, and industrial investment. The signing of the strategic cooperation framework agreement between China Mobile and Xiaomi is of great significance for further expanding the strategic and business maps of both parties and building a new ecosystem for operators and Internet companies.
Previously, China Mobile and Xiaomi have already carried out fruitful cooperation in 4G terminals, channels, ICT cards, etc. In the emerging fields such as smart homes and new retail, the two sides are actively exploring and promoting cooperation.
In terms of capital cooperation, China Mobile, as a cornerstone investor, invests in Xiaomi Company, and will promote the synergy between the two major ecosystems to realize the complementary advantages of China Mobile users, networks, channels, brands and other industrial resources and Xiaomi Group's intelligent hardware industry chain. Jointly expand the blue ocean market such as 5G, Internet of Things, and work together to create a smart connection ecosystem.
It is reported that before the listing of Xiaomi, China Mobile became the cornerstone investor of Xiaomi IPO with a investment of 100 million US dollars. The issue price of Xiaomi was HK$17, and the closing price of Xiaomi closed at 21.45 Hong Kong dollars today. There are already many investors for Xiaomi. Profit. (Proofreading / Blue Sky)
4. Li Zaiyu will reorganize the Samsung mobile phone division to deal with the impact of Chinese mobile phone manufacturers;
According to foreign media reports, Samsung Electronics Vice President Li Zaiyu recently said that he will reorganize the Samsung smartphone division, inject new vitality into it, and make important changes to the upcoming Samsung Galaxy Note 9. The main reason for such a big decision is that Samsung’s disappointing performance in the Chinese smartphone market in the past year has caused it to re-engineer its smartphone business unit in response to The impact of Chinese mobile phone manufacturers.
At the beginning of this year, Samsung launched the 2018 flagship new Galaxy S9. However, this flagship new machine is expected to be the worst performing mobile phone since the Galaxy S3. According to the latest data, Samsung mobile phone share in China Continued to decline, from the first quarter of last year, Samsung's share fell to 3.1%, the second quarter fell to 2.7%, the third quarter to 2.0%, until now has become 0. 8%.
For the bleak performance of Samsung mobile phones in the Chinese market, many people attribute the reason to the Samsung Galaxy S9. As the Samsung 2018 flagship machine, the Samsung Galaxy S9 uses a full-view curved screen and has been updated to some extent on the hardware. However, in terms of appearance, it is highly consistent with the previous generation. It is only a minor repair in the details, so that it can not cause consumers to buy strongly. However, according to the current exposure information, the upcoming Samsung Galaxy The design of Note 9 is still highly consistent with the previous generation S9. Even if it is to reorganize the mobile phone department, Galaxy Note 9 is difficult or difficult, and the hope of reversing the overall situation has to look forward to Samsung's new flagship machine in 2019 or the upcoming 5G. Mobile phone.
It should be pointed out that since the Samsung mobile phone 'explosive door' incident, Samsung mobile phones have begun to fall into the Chinese market; especially with the domestic mobile phones such as Huami OV gradually mature and high-end, with the majority of market share, even Li Zaiyu personally traded, Samsung mobile phones are also difficult to make a comeback in the highly competitive Chinese market.
Today, the share of Samsung mobile phones in the Chinese market has fallen to less than 1%. In the face of the gradual loss of the Chinese market, Samsung wants to reorganize the Samsung smartphone division. Would you like it? (Proofreading/Spring/Summer)
5. How much does the US's new $200 billion tariff affect the home appliance business?
Abstract: In the tariff increase of Sino-US trade, it has little impact on the household appliances and the whole, but has a certain impact on small household appliances.
According to the micro-network report, the Sino-US trade war has not yet subsided. On July 10, the Trump administration issued a plan to impose an additional 10% tariff on China's 200 billion US dollars of goods. The plan will be on August 20th. A hearing will be held on the 23rd to decide whether to implement it.
We see the list of home appliances including: air conditioners, refrigerators, freezers, washing machines, clothes dryers, vacuum cleaners, ovens, ovens, stoves, toasters, lamps, lamps. Uncovered home appliances include: color TV, Microwave, Coffee machine, Cooking machine, Dishwasher, Hood.
Large household appliances have a small impact on small appliances. In fact, as early as January this year, the United States announced a three-year global safeguard for imported large washing machines. In the first year, 20% tariffs were imposed on the first 1.2 million imported large washing machines. The second and third years are reduced to 18% and 16%; for imported washing machines exceeding this amount, the first year is levied a 50% tariff, and the tax rate is reduced to 45% and 40% in the second and third years.
In April, it also proposed to impose a 25% tariff on Chinese exports to the United States worth about US$50 billion, including many home appliances. In this huge list of tariff-added goods, the household appliances involved include gas water heaters. , storage water heaters, water purifiers, air purifiers, dishwashers, juicers and other complete products and compressors and other accessories.
It can be seen that the basic use of kitchen and health, health appliances, the impact of large appliances is relatively small.
Regardless of the proportion of exports to the United States or the growth rate of exports, small household appliances such as vacuum cleaners and electric baking appliances are more conspicuous. Adding tariffs may have a certain impact on small household appliances represented by vacuum cleaners.
In fact, China's small household electrical appliances account for a large proportion of exports to the United States, a large part of which is due to the concentration of production capacity in China. The concentration of production capacity is also closely related to the properties of small household appliances.
There is a data here. Based on the above-mentioned list of three tariff-added products, the amount of restricted Chinese household electrical appliances exported to the United States accounts for about 20% of the global exports of restricted goods, accounting for about 13% of the total global exports of Chinese household electrical appliances. Therefore, the impact on the overall home appliance export is actually not large.
How can listed companies reduce the impact of trade frictions? Since the Sino-US trade war has started, especially after Trump's various implementations impose tariff measures on Chinese exports to the United States, domestic appliance listed companies have responded to this trade friction: The US exports of products are relatively small, and Sino-US trade friction has limited impact on production and operation.
Here are a few examples. Feike Electric said that its overseas revenue accounted for less than 1% of total revenue. All cooperation with customers is normal. Aucma said that the United States is not a market for its export products, only a small amount of exports to the region. Refrigeration products, the amount of small amount, has limited impact on its export business.
Midea Group's exports to the US accounted for approximately 6% of revenue; Gree's exports to the US accounted for less than 4% of revenue. The profit margin of the US and Gree export business was significantly lower than domestic sales, and overseas bases could transfer capacity.
The impacts are basically negligible: Little Swan and Haier. Little Swan exports less than 2% of US revenue; Haier exports to the US accounts for less than 1% of revenue.
During the trade war, TCL also issued several announcements: According to the list of tariffs to be imposed by the United States, the company's TV sets, smartphones, audio products, etc., which are exported to the United States, are not listed in the list. The LCD panel produced by the company is ice-washed. Products have not been exported to the United States for the time being. The addition of tariffs has basically no effect on the above products.
In fact, TCL Group has indicated plans to increase the capacity of the Mexican plant and take other measures to reduce its impact on its US operations.
In fact, for Chinese companies, how to deal with trade wars and reduce their impact must start from their own. Improve the industrial chain, develop enterprise management, reduce labor costs, and expand the scope of exports. In recent years, with ASEAN countries, BRICS countries and The Belt and Road is a country along the route, and the scale of home appliance exports is also increasing.
For companies that already have a strong overseas presence, we can directly invest in building factories or mergers and acquisitions. These are all conducive to trade friction through capacity expansion, capacity transfer, product structure upgrades and other measures.
In fact, it is foreseeable that future trade frictions will occur from time to time, because with the increase of China's national strength and the increasing export volume, this trade surplus will be more obvious.
We must constantly improve the layout of the industrial chain and increase the competitiveness of the trade through the brand promotion plan. (Proofreading / Yuechuan)
6. Gree dealers run: hundreds of owners are difficult to defend their rights.
Trainee reporter Jiang Peifang Cai Shumin
The recent home appliance market is a bit not too flat.
Not long after the incident of the loss of the Emperor Beijing-Tianjin dealers was exposed, Gree Central Air Conditioning Hangzhou dealers were also exposed, and it has been happening for some time.
According to a survey conducted by the International Finance News reporter, the distributor of Gree Central Air Conditioning in Hangzhou, Kunmeng Electric, ran the road after receiving the purchase price of the customer, causing hundreds of users to pay the money but could not install the central air conditioner.
A list of users obtained by the International Finance News reporter showed that most users only received the indoor unit of Gree central air-conditioning, but there was no outdoor unit; and some users did not receive anything.
It is worth noting that users who receive indoor units cannot do so in the absence of an outdoor unit and without a tuyere (the end device for air supply and return air in the central air conditioning system is an air distribution device). Normal installation and commissioning.
Hundreds of users who were deceived reported to the police, pulled banners in front of Gree stores, and negotiated with Gree, but did not get a satisfactory solution, and these users are still in the 'special Gree air-conditioner owners' rights The group's internal discussion on the way and location of the next rights protection.
The hottest days of the year are coming, but the air conditioners of hundreds of homeowners in Hangzhou have not yet settled.
In an interview with the reporter of International Finance News, Hankang, a lawyer of Beijing Kangda Law Firm, believes that this incident can be regarded as a contract of sale and purchase. One party to the contract is the owner and the other is Kunmeng Electric. According to the contract law of China It is stipulated that the conclusion of the contract should follow the principle of relativity. Under the premise that Kunming Electric Appliance can independently bear civil liability, the responsibility of the owner for damages should be borne by Kunming Electric.
However, Han Wei pointed out that the dealer’s dishonesty behavior makes it easy for consumers to account for this account in the company (Geli Head Office). Consumers will not care which dealers are created by the other party. It is only considered that this brand infringes the rights of consumers.
Dealer volume running
Jiang Jing (a pseudonym) was one of the first deceived owners to learn about dealers running.
At the beginning of April this year, Jiang Jing, who lives in Hangzhou’s Shangyi Central County, purchased the Gree brand’s central air conditioner at a Gree dealer named Hangzhou Kunmeng Decoration Engineering Co., Ltd. (hereinafter referred to as “Kunmeng”), but signed a contract and paid Within two months after the payment, the decoration was delayed, until the beginning of June, Kunming sent the installation master to install the air conditioner inside the machine. Jiang Jingben thought that the next Kunming would send the foreign machine, but did not expect The dramatic scene has just begun to take place.
On June 19, the first day after the Dragon Boat Festival officially went to work, Jiang Jing received a call from the installation master. The other party said on the phone: 'It’s gone, the boss is running, hurry up.'
Afterwards, the reporter learned from a project manager at Kunming that after the Dragon Boat Festival, the employees found that the official seal and some valuable items in the Kunming store were gone, and realized that the boss was running, and quickly notified some owners.
On the same day, the owner and the employee who got the information reported the police. After the police arrived, the employee dialed the phone of Kunming boss Qiu Zhaojun, who said that he was selling the house to raise money, and one day he would give the owner and the employee an answer.
However, just after this, Qiu Zhaoyu disappeared.
At that time, the news of Gree's dealers in Hangzhou was running away. According to Jiang Jing, there are about forty or fifty deceived owners in the central government of Shangyi, and in the 'Special Gree Air Conditioning Owners Rights Protection Group', The deceived owners are not only in the central county of the billion, but also in other communities.
Kunming has three stores in Hangzhou. In addition to the billion-central central county, the owners of other residential areas such as Agile and Xinhufeilin have been swindled. At present, there are hundreds of deceived owners in the 'Special Gree Air Conditioning Owners Rights Protection Group'.
Many of the deceived owners told the International Finance News reporter that they signed a contract with Kunming Electric because they were interested in the brand of Gree.
Photographs of the Kunming store provided by the deceived owner show that the sign on the signboard of the store is more prominent than that of the Kunming company. The slogan of 'Gree designated outlet store' is also posted on the door. There is also a Gree authorization in the Kunming store. The book shows that Hangzhou Kunmeng Electric Co., Ltd. (hereinafter referred to as 'Kunmeng Electric') is an authorized outlet store for Gree Central Air Conditioning Factory. The license is valid from October 2017 to July 2018.
It is worth noting that the National Enterprise Credit Information Publicity System shows that Kunming Electric has been included in the list of abnormal operations.
The data of Kunming Electric Contract Management Account shows that most of the owners have already delivered the deposit and the final payment, according to the central air-conditioning one for three (with three internal machines) 19,500 yuan and one for four (with four internal machines) 23,500 yuan price Estimated, hundreds of owners lost a total of about 2.5 million yuan.
Searching for licensor rights multiple times
Another Gree authorized license in the Kunming store shows that the authorized dealer of Kunming Electric Gree Central Air Conditioning Hangzhou is from Hangzhou Tiancheng Air Conditioning Factory Co., Ltd. (hereinafter referred to as 'Tiancheng'). It is reported that this company is Hangzhou. Gree central air-conditioning suppliers and after-sales service providers, in the case of contactless dealers, the deceived owners pin their hopes on Kunming's 'superior' - Tiancheng.
Jiang Jing told the International Finance News reporter that the deceived owner and Tiancheng had three negotiations:
In the first communication, the owner proposed to Tiancheng, either to refund the money, or to install the air conditioner for free, because the owners have already paid the money. At that time, Tiancheng did not directly give a reply, indicating that it would report to Gree headquarters, three The owner can reply to the owner after the day;
In the second communication, Tiancheng proposed to count the list of fraudulent owners and payment records;
After the third communication, Tiancheng provided a “Kunming Company’s deception of the owner’s matters related to Hangzhou Tiancheng’s cooperation plan” on July 4th. The content of the plan stated that Tiancheng could provide equipment and construction personnel for compensation. Solve the engineering problems left by Kunming, and ensure that the decoration of the owners can move forward smoothly.
At the same time, Tiancheng also provided the owner with an agreement price list. If the owner agrees to provide the service to Tiancheng, the owner must pay Tiancheng in the form of a deposit of 50% off the total amount of the equipment and service agreement price before entering the market.
In addition, Tiancheng also proposed that Tiancheng will actively cooperate with the deceived owners to recover the amount of fraud from Kunming on a one-year basis. If the recovery is successful, the owner should pay the remaining amount according to the price list price; Back, the owner should pay the remaining amount according to the agreement price of 8.5 percent. Before the payment is paid, the ownership of the machine is still attributed to Tiancheng. If the one-year period has not been paid, Tiancheng has the right to directly stop the equipment or Unilateral direct recovery of equipment.
For Tiancheng’s treatment plan for providing equipment and services for compensation, most of the owners who have paid the full amount cannot accept it. However, Tiancheng’s attitude is also very strong. If the owners do not agree, Tiancheng will not negotiate. And suggest that the owners directly take the legal approach to solve.
After Tiancheng proposed the plan, some owners continued to negotiate with Tiancheng, and the price of 8.5 percent was mentioned at 25%. However, most of the owners still cannot accept the above plan: On July 9, some of the deceived owners were in West Lake District of Hangzhou. In front of the Gree Living Hall, the banner was pulled up - 'Gree air-conditioning pit owners, Gree Electric also my hard-earned money'.
The reporter called Tiancheng on the Kunming running event. The other party said that he had hang up the phone after he had not received the notice.
Distribution system vulnerability
From the video provided by the owner to the reporter of the International Finance News, it is obvious that the negotiations between the owner and Tiancheng are mostly accompanied by fierce disputes and conflicts of interest, and the two parties finally failed to negotiate.
The person in charge of Tiancheng emphasized in the negotiation with the owner: 'The guidance given by Gree to the manufacturer is that let me not deal with this matter at a loss, deal with it, and deal with it, even if it can't be handled, the original words of the manufacturer.'
According to the understanding of the deceived owner, in the case that the owner of Kunming cannot be contacted, Tiancheng, as the superior authorized dealer of Kunming, should bear certain responsibilities for this matter.
Regarding the standards of Gree authorized dealers, the “International Finance News” reporter called Gree Zhejiang Branch – Zhejiang Tongcheng Gree Electric Appliance Co., Ltd. (hereinafter referred to as: Tongcheng Gree) to understand, but the staff of Tongcheng Gree Marketing Department The reporter said: 'Authorization has nothing to do with economic exchanges. Authorization is only for brand, quality and after-sales service guarantee.'
When the reporter further asks whether the dealer is qualified to authorize other companies, the other party said: 'The authorization does not matter, it can be sold without authorization. The commodity circulation is the product of the market economy, and it is willing to sell.'
In an interview with the reporter of the International Finance News, Han Wei analyzed that, in terms of the contractual relationship itself, neither Tiancheng nor Gree Zhejiang Branch or even Gree Headquarters is the main body of any of the sales contracts, and the owners are damaged and the above three There is no direct relationship between the companies. The three companies do not have to bear legal responsibility, but the social responsibility for the brand's social reputation is for the time being.
Lawyer Yan Yiming said that in general, Gree does not have to bear the responsibility. If the consumer buys from Kunming, only Kunming will take responsibility.
In the view of the deceived owners, Tiancheng is the distributor of the higher level. When it is authorized by Kunming, it should be responsible for the qualification examination of Kunming. Usually, it should also be responsible for managing the dealers of the next level. However, Tian The person in charge said in the negotiations with the deceived owners that Tiancheng is only the agent of the manufacturer. There is no agreement or contract with Gree. As a Gree agent, Gree did not ask them to conduct qualification examination for each dealer.
Regarding whether Gree should conduct qualification review and management of dealers, Han Wei believes that Tongcheng Gree and Gree Head Office should indeed conduct background checks on dealers, authorize qualification examinations and daily management, but dealers operate as independent individuals. In the process, many problems are beyond the control of the superior licensor. The head office does have a lot of deficiencies and loopholes in the relationship between the dealer and the maintenance dealer. It is necessary to improve and warn in this respect.
Regarding whether Gree will require the list of dealers and agents to be reported to the head office, the reporter of the International Finance News also contacted the relevant staff of Gree Head Office. The other party said that the list will be reported to the Zhejiang branch, namely Tongcheng Gree. Branch management for unified management.
One person runs on multiple paths
In the view of Liu Buchen, an expert in the home appliance industry, although the incident belongs to individual dealers, it will have a certain impact on Gree in the direction of public opinion.
According to Han Wei, the dealer’s untrustworthy behavior makes it easy for consumers to account for this account in the company (Geli Head Office). Consumers will not care which dealer is the dealer who established the contract. They only think that this brand infringes on the rights and interests of consumers. Therefore, no matter which dealer, its untrustworthy behavior will directly affect the business reputation of the head office, thus impairing the overall image of the brand.
For the deceived owners in this incident, they lost money, spent time and energy, and lost their trust in Gree. The impact of a dealer running, far more than that, after all, in the home appliance industry The dealer's running events are not frequent.
'First payment after the goods' is the normal state of the home appliance industry. On the surface, Tiancheng will not ship to Kunming without receiving the money. It seems that Tiancheng has no loss, but the real situation is not the case.
From the negotiations between Tiancheng’s responsible person and the owner, Kunming’s owe Tiancheng’s 30,000 yuan payment was not paid. The person in charge even said that if Hangzhou Tiancheng’s cooperation plan is implemented, Tiancheng will generate hundreds of thousands. The loss of yuan.
According to the reporter's understanding, the dealers affected by Kunming's running roads are not only Tiancheng's family. Because of the principle of 'first payment after goods', Kunming did not pay Tiancheng. After Tiancheng could not get the goods, Kunming boss Qiu Zhaoyu Another Gree dealer named Hangzhou Minglang Air Conditioning Engineering Co., Ltd. (hereinafter referred to as: Minglang) borrowed some air conditioners.
The general manager of Minglang told the reporter of International Finance News: 'He (Qiu Zhaoxuan) said that Tiancheng is out of stock. He is close to me. He usually has a relationship. I will give you this when I say this. I didn’t expect it to be like this. 4. Kunming has not yet settled for more than 40,000 yuan.
The general manager of Minglang admitted to the reporter that Gree should manage the dealers.
When a dealer runs, the direct impact will be the consumer's rights, but as the incident continues, more and more interests will be affected.
Regarding whether Gree will evaluate dealers and how to control risks, Gree’s relevant personages said that mainly the sales branches of various regions are in control, there will be related policies and assessments, but sometimes there will be some sudden In the case of the situation, Gree is now also studying how to prevent such situations (distributors running).
On July 10th, Zhejiang Tongcheng Gree Electric Appliance Co., Ltd. issued the “Declaration on the Loss of the Person in Charge of Hangzhou Kunming Decoration Engineering Co., Ltd.”, the statement stated: Hangzhou Tiancheng Air Conditioning Engineering Co., Ltd. is Zhejiang Tongcheng Gree Electric Appliance Co., Ltd. is the authorized central air-conditioning distributor in Hangzhou, and Hangzhou Kunming Decoration Engineering Co., Ltd. is the third-level distributor of Hangzhou Tiancheng Air-Conditioning Engineering Co., Ltd., which is mainly engaged in decoration business, and sells Gree air-conditioning and other brand air conditioners. Qiu Mou, the person in charge of Hangzhou Kunmeng Decoration Engineering Co., Ltd., suffered losses due to poor management. After accepting the project list of a certain community, it was untrustworthy to accept the decoration of more than 100 owners and the central air-conditioning. Suspected of breaking the law, he hated it deeply; he felt the same as the consumers who suffered losses in this incident, and fully cooperated with the judicial organs to carry out investigations, and together with consumers, used legal weapons to safeguard their legitimate rights and interests, and urged Hangzhou Tiancheng Air Conditioning Engineering Co., Ltd. to actively Negotiate with consumers, properly handle the aftermath within the scope of the law, and implement the consideration of the legal interests of all parties The disposal program. International Finance News