Haier Electronics Group is organised into business units based on their products and services and has three reportable segments as follows: washing machine business, which manufactures and sells washing machines; water heater business, which manufactures and sells water heaters; as well as integrated channel services, which provides logistics, after-sale and other consumer services as well as sells and distributes home appliances and other products procured from subsidiaries and/or associates of Co. and other external parties. Co. manufactures home appliances under the brand name of Haier, and is engaged in the integrated channel services business under the brand name of Goodaymart.
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