Rongshida Group announced its cancellation in 211, and now it no longer exists. Its main products, washing machines and refrigerators, are authorized by the production and investment company under the State-owned Assets Supervision and Administration Commission of Hefei to operate by different companies. Among them, the leading brands of washing machines and refrigerators are Whirlpool (China), which is jointly operated by Midea Group.
It is worth mentioning that Hefei Rongshida Sanyo Electric Appliance Co., Ltd. was actually listed on the Shanghai Stock Exchange in July, 24, which was a milestone as the first Sino-foreign joint venture home appliance listed enterprise in China. However, although it used to be one of the biggest brands of home appliances in China, nowadays, the development of Rongshida is not optimistic, and it has completely withdrawn from the first camp of the home appliance industry.