Whirlpool announced that it plans to purchase assets related to the washing machine business of the controlling shareholder Guangdong Galanz Household Appliances Manufacturing Co., Ltd. in cash, including fixed assets, patents, proprietary technology and products. After the asset acquisition was completed, Galanz Household Appliances and its actual controller no longer had substantial peer competition with the company. In addition, Galanz Household Appliances plans to license trademarks related to the washing machine business to the company through an exclusive use license worldwide. This related transaction has been reviewed and approved by the third interim board of directors of the company in 2025, and still needs to be submitted to the company's shareholders' meeting for consideration.

Whirlpool announced that it plans to purchase assets related to the washing machine business of the controlling shareholder Guangdong Galanz Household Appliances Manufacturing Co., Ltd. in cash, including fixed assets, patents, proprietary technology and products. After the asset acquisition was completed, Galanz Household Appliances and its actual controller no longer had substantial peer competition with the company. In addition, Galanz Household Appliances plans to license trademarks related to the washing machine business to the company through an exclusive use license worldwide. This related transaction has been reviewed and approved by the third interim board of directors of the company in 2025, and still needs to be submitted to the company's shareholders' meeting for consideration.