Whirlpool China Proposes Amendment to IP License Deal

MT Newswires Live
2025/12/12

Whirlpool China (SHA:600983) proposed the signing of a second amendment to its technology and intellectual property license agreement with U.S.-based Whirlpool Group, according to a Thursday filing with the Shanghai bourse.

The amendment adjusts licensing scope, regional rights and intellectual property ownership linked to the company's expansion plans, including assets from Galanz's washing-machine business.

The proposal awaits shareholder approval.

Shares of the home appliances maker were down 1% in recent trade.

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