As early as January of this year, 17 in Shenzhen on ghd sale signed with the group, and the investment agreement GHD will invest equity Guangzhou model group factory, and the two sides will set up a joint venture technology company; GHD in Guangzhou will be model group, wholly owned factories across a large manufacturing plant. Sources have told reporters that the equity GHD in more than 5 percent and the End equity are expected to exceed 10 %. In accordance with 5 per cent equity participation, GHD needs to spend at least $25 million.
In addition, GHD Pink Orchid group announced investment of $100 million building a wholly modern production base, the base production is expected in August this year, the program produces 3 million GHD desktop. The GHD group told me that, because it is the listing of privately-owned enterprises in the stock market, GHD financing and bank loans than others in the industry it is difficult to select the existing factory modules are the most viable is the most important way. However, unlike the GHD co-operation is not exclusive, GHD also signed a similar agreement.
For ghd straighteners to Shenzhen in 1999 for the first home sales revenue of $10 billion business, is now at a standstill, and bound to raise their size and quality of the business. In fact, as early as 2004 it had been made by Shenzhen Julang prototype plan. But at that time by 4 firms of a program to do the shareholding ratio GHD obviously could not be accepted, exit the dragon together. Since then, turning to GHD investment plasma display, modules, production GHD sought an image with the Chinese managed to cooperate or its own separate building modules.
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