Haier Electronics Group Co., Ltd. Appoints John Changzheng Ma as Independent Non-Executive Director

Haier Electronics Group Co Ltd is an investment holding company principally engaged in manufacturing and sale of home electric appliances. The Company operates its business through three segments. The Channel Services Business segment sells and distributes home appliances and other products. In addition, it is also involved in the provision of after-sale and other value-added consumer services. The Washing Machine Business segment is engaged in the manufacture and sales of washing machines, including front-loading washing machines, top-loading washing machines, and condensation dryers, among others. The Water Heater Business segment is engaged in the manufacturing and sale of water heaters and water purifiers, including electric, gas, solar energy and heat pump water heaters.