TCL into medical electronics field future investments of up to 5 billion (1)

Continuous done four years after the "subtraction", has just come from the haze of internationalization of TCL group start doing "addition".

Before interpretations TCL group 2009-annual report, TCL Group Chairman and CEO Li dongsheng have told the reporter, "in addition to strengthening the Tcl and TCL communications investment, Tcl will try some new investment plan, for example medical electronics (mainly medical testing equipment), home appliances and other new areas of disassembly, our 60 billion of net assets if you come up with 5% for new investments also is the good choice.

”

TCL group has determined is clearly moving into new areas.

Following the September 20, TCL Group announced that its in Tianjin and two large household appliances in Huizhou recycling base started, its investment in the field of medical electronics recently also taken a critical step.

Holding MEDLINE

15 October, TCL Group announced that it has been recently and Beijing sinopharm hundric MEDLINE company shareholders ' equity for the formal signing of the agreement, TCL group funded 3109 million acquisition of China medical device industry company, the original holders of Beijing sinopharm hundric MEDLINE part co., replenishment, become new 2122 million the company's largest shareholder, accounting for 51.8% shares.

For this investment, Li in this interview, made clear that "medical electronics field high growth and higher return on investment, and medical electronics field and TCL multimedia industry have a certain relevance.

TCL can rely on its display technology power into the medical electronics industry, and further expansion of an existing resource, the medical electronics industry into a TCL new business growth point. ”

According to the EU medical device Committee statistics, 2008, global medical devices market aggregate sales of about 3360 billion in recent years, the growth rate is 10%.

China is in Asia and the world medical equipment producer, is a global medical device one of the top ten emerging markets. In recent years China's medical industry development faster, 2008 real medical equipment total consumption for 2200 billion yuan output value of the medical device target 2010 will reach 3500 billion, reaching 15750 billion by 2020. Average annual growth rate remained at 18%-20%.

But China's medical electronics market has been Philips, GE, Siemens and other foreign giants monopoly, while China's consumer electronics business in medical electronics field layout is almost zero.

Obviously, for Tcl, this time with the Chinese medical device industry companies to cross-industry enterprise combined with strong offers a new mode.

Li dongsheng said, "the TCL group medical electronics sector in the near future goal is to do well the existing investment projects, and initially formed to support the future development of the Foundation, the long-term objective is to establish within the Group of medical electronics industry and formed the industry's leading edge.

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Restless TCL

This reporter has learned that the TCL multimedia Yuan, former Chief Financial Officer, will be appointed as Beijing sinopharm ice MEDLINE company President, TCL group to enter the medical electronics industry, the official told reporters, "first, TCL in internationalized for three years, enterprise strength enhancement, financial situation, into solid growth period.

TCL in the sustainable development of the core industry multimedia and communications business, has been actively seeking to find new profit growth point. ”