tera gold - LRV

Netease science and technology news on September 14th, Haier appliances today in the Hong Kong Stock Exchange announcement, said today (September 14, 2009) in the domestic set up a wholly-owned subsidiary of the company, for the three or four class market to expand sales, logistics and service network, in order to capture the Chinese rural market demand rising opportunity.Announcement shows, the company registered in Shanghai City, the registered capital of 80000000 Hong Kong dollars, to its own funds to invest in Haier Electrical appliances.Engaged in the main business for the China household electrical appliances product distribution, logistics and customer service tera power leveling, and includes agent services, value-added services.Haier appliances recently released 2009 Interim results announcement shows, Haier Group 09 years first half net profit of HK $170000000 tera gold, an increase of 25.9%; gross margin from last year first half of the year 28.7% to the year 34% in the same period.Haier said, from product innovation diablo 3 power leveling, development of three or four class market is also Haier continued to gain profit source.(Zhang Ying)