Haier Electronics invests $211m into Chinese water purification business Ozner

A man showing measuring container near another man. Source: C Drying/Unsplash

Haier Electronics, a Hong Kong-listed affiliate of Chinese consumer electronics and home appliances firm Haier Group, has agreed to invest about HK$1.65 billion ($211 million) in Chinese water purification services provider Ozner Water International.

Haier Electronics will become the largest shareholder of Ozner upon the completion of the transaction, according to a joint announcement recently filed with the Hong Kong stock exchange.

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