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Microwave king loses Zojirushi board fight but keeps heat on

Galanz calls Japanese appliance group's China strategy 'pointless'

OSAKA -- Shareholders of Japanese appliance maker Zojirushi rejected a director appointment Wednesday proposed by China's Galanz Group, a big investor pressing for change as earnings slump at the family-owned company. 

"I want to keep working to improve Zojirushi's management," said Liang Huiqiang, deputy chairman of Galanz.

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