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Hisense Kelon

Hisense Kelon Electrical Holdings Limited
Native name
海信科龙电器股份有限公司
Private
Industry White goods manufacturing
Founded 1984; 33 years ago (1984)
Headquarters Shunde, Foshan, Guangdong, People's Republic of China
Area served
People's Republic of China
Key people
Chairman: Mr. Tang Yeguo
General manager: Mr. Wang Shilei
Products Household appliances
Parent Hisense Group
Website www.kelon.com

Hisense Kelon Electrical Holdings Limited, Hisense Kelon or Kelon (: 921), (: 000921), formerly Guangdong Kelon Electrical Holdings Company Limited, is one of the largest Chinese white goods manufacturers, producing refrigerators, air conditioners, freezers and small electric appliances. The company is well known in mainland China for its brand names Kelon (科龙) and Rongsheng (容声). The head office of the company is in Shunde, Foshan, Guangdong.

Founded in 1984 in Shunde, an industrial county in Guangdong, Kelon started to produce refrigerators. Its H shares were listed on the in 1996 while A shares were listed on the in 1999. In 2006, Hisense Group, another large-scale white goods manufacturer in Qingdao, Shandong, acquired Kelon and became Kelon's largest shareholder. In 2007, the company name was changed to Hisense Kelon Electrical Holdings Limited after the acquisition.

On June 16, 2005, Kelon announced that trading in its H shares was suspended "pending the release of an announcement in relation to price sensitive information". This was because Kelon's former chairman and largest shareholder, Gu Chujun, was involved in seizing company assets and was being investigated by the Foshan police. Gu was later dismissed by the Board of Directors of Kelon. The case was settled by the Intermediate People’s Court of Foshan City on 9 January 2009. H shares resumed trading on 21 January 2009.


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