The Panasonic Group is a global electronics manufacturer engaged in the manufacture and sale of various electrical products. In 1978, Chinese leaders visited our group's Japanese television factory. During the talks, entrepreneur Konosuke Matsushita expressed his determination to contribute to China. Subsequently, the Panasonic Group entered the initial stage of its business in China. In the past few years, the Group has been focusing on the export of products and technical cooperation in Chinese factories, and established its first joint venture factory in 1987. As of today, the Panasonic Group's business activities in China cover various aspects such as research and development, manufacturing, sales, service, logistics, and publicity. Founded in 1994 and a wholly-owned company in 2002, Panasonic (China) Co., Ltd. is mainly responsible for the sales and after-sales service activities of home appliances, systems, environment, components, medical equipment and other products. As an investment company in China, Panasonic (China) Co., Ltd. is also responsible for conducting overall and support activities such as human resource development, finance, legal affairs, environmental protection, and intellectual property. In January 2012, Panasonic Electric (China) Co., Ltd. absorbed and merged Panasonic Electric (China) Co., Ltd., and the business scope was further expanded.