Rongshida Group announced its cancellation on 20 1 1, and now it no longer exists. Its main products, washing machines and refrigerators, are operated by different companies authorized by the production and investment companies under the State-owned Assets Supervision and Administration Commission of Hefei. Among them, the leading brand of washing machines and refrigerators is Whirlpool (China) 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 2004, which is a milestone as the first Sino-foreign joint venture listed household appliances enterprise in China. However, although it used to be one of the largest home appliance brands in China, today, the development of Rongshida is not optimistic, and it has completely withdrawn from the first camp of the home appliance industry.