How old was Kelon before it was acquired by Hisense?

The final price of Hisense's acquisition of Kelon was 680 million yuan, 220 million yuan less than the original 900 million yuan. Now Hisense Kelon is actually a company. More than ten years ago, Hisense acquired Kelon Rong Sheng and made a dual-brand plan of 1+ 1. Hisense first acquired Beijing Snowflake Electric with refrigerator production capacity, and later acquired Kelon Rong Sheng with refrigerator, air conditioner and freezer production capacity. The advantage of Hisense air conditioning is that it applies frequency conversion technology for the first time. At that time, the traditional air conditioner manufacturers totally resisted Hisense inverter air conditioners. Therefore, the biggest difference between Hisense Kelon is that Hisense has an advantage in frequency conversion and Kelon has an advantage in fixed frequency.

Hisense Kelon Electric Appliance Co., Ltd. is one of the largest manufacturers of household appliances in China. Founded in 1984 and headquartered in Shunde District, Foshan City, Guangdong Province, it mainly produces refrigerators, air conditioners, freezers and washing machines.