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One of the most well-known Chinese appliances manufacturers with annual revenue of USD$8 billion is looking for strategic partners for their retail expansion. US China Partners was retained to assist in their search of this important strategic business partner. This manufacturer is growing rapidly in the United States and they have saturated their current sales channels and needed growth in the competitive U.S. market.
US China Partners worked with the president of this manufacturing firm closely and identified a strategic business partner with in-depth retail experiences and strong financial resources. USCP facilitated the entire partnership agreement between the two companies and now they will be opening their first retail outlet in mid-2004. They are planning to open multiple retail outlets throughout the country.