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On August 19, in response to recent rumors of “chasing down the dissolution of major appliances BU and defaulting on payments to a refrigerator project service provider,” an upstream supplier revealed to reporters that the construction of the Nanjing Lishui refrigerator factory had stalled. “Major appliances are originally an OEM business, and strategic adjustments are normal. Currently, it is normal to seek payment for purchases, and its main business, such as cleaning appliances and hair dryers, is healthy.” In response to related dissolution rumors, Yu In-zong, CEO of the Quanhuanhua Smart Home Appliance Business Group, recently responded that the dissolution of Big Appliance BU was a rumor. “As the core business of finding smart homes for the whole house on the four major racetracks, all businesses are running normally. Due to early public opinion, etc., the supplier communication was somewhat excessive, and the company is dealing with related issues.” Yu In-jong said. As for the news that construction of the Nanjing refrigerator production line has stalled, as of press release, relevant sources have yet to respond to reporters' inquiries.

Zhitongcaijing·08/19/2026 06:50:13
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On August 19, in response to recent rumors of “chasing down the dissolution of major appliances BU and defaulting on payments to a refrigerator project service provider,” an upstream supplier revealed to reporters that the construction of the Nanjing Lishui refrigerator factory had stalled. “Major appliances are originally an OEM business, and strategic adjustments are normal. Currently, it is normal to seek payment for purchases, and its main business, such as cleaning appliances and hair dryers, is healthy.” In response to related dissolution rumors, Yu In-zong, CEO of the Quanhuanhua Smart Home Appliance Business Group, recently responded that the dissolution of Big Appliance BU was a rumor. “Major appliances are the core business of searching for smart homes for the whole house on the four major racetracks, and all businesses are running normally. Due to early public opinion, etc., the supplier communication was somewhat excessive, and the company is dealing with related issues.” Yu In-jong said. As for the news that construction of the Nanjing refrigerator production line has stalled, as of press release, relevant sources have yet to respond to reporters' inquiries.