Inter owners Suning are working to consolidate a number of important business partnerships in China in order to stabilize their operations.
This according to Italian news outlet FCInterNews, who report that the parent company Suning.com have made a number of important steps towards future cooperation.
Suning’s operations have been hard-hit by the pandemic, and the company have suffered from debt and liquidity issues which have spilled over into their running of the Nerazzurri, inducing financial restrictions.
However, the company are committed to their ownership, and have recently refinanced the club’s debt to ensure operating liquidity and also renewed the contracts of key directors to ensure continuity.
Now, the parent company are also taking steps to stabilize their financial situation in China, including holding a meeting on February with the Senior Vice President of Hisense about further co-operation going forward.
Additionally, Suning and Haier held a summit where they set a three-year strategic goal of 100 million yuan for the busy seasons of purchasing of home appliances.