The story
Founded in 1984 in Shunde, an industrial county in Guangdong, Kelon began producing refrigerators. Its H shares were listed on the Hong Kong Stock Exchange in 1996, while A shares were listed on the Shenzhen Stock Exchange in 1999.
In 2006, Hisense Group, another large-scale white goods manufacturer in Qingdao, Shandong, acquired Kelon and became its largest shareholder. In 2007, the company name was changed to Hisense Kelon Electrical Holdings Limited following the acquisition.
From Wikipedia’s article on Hisense Kelon, shared under CC BY-SA 4.0.3