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Alex Yokohama Starts Shanghai Operation
Alex Yokohama, a globally wellknown manufacturer/distributor of air conditioners, opened an office in Shanghai on May 17th, 2004. At present the company supplies fifty-five customers located in fifty countries around the world under the company’s own brands as well as buyers’ OEM brands. “With the e...
MHI to Produce Gas Turbines in China
Mitsubishi Heavy Industries (MHI) has decided to produce gas turbines for power generation in China. By establishing a joint venture company in Guangzhou City in the near future with a major Chinese heavy electric machinery maker, MHI will complete an integrated production system including component...
Daikin Enjoys Profit Increase for 10 Consecutive Terms
According to the results of consolidatedsettlement of accounts for the term ended March 2004 announced May 11 by Daikin Industries, the ordinary profit recorded an all-time high of ¥45.2 billion, up 9% over the previous term. The ordinary profit increase has continued for 10 terms in a row. Overseas...
Gathering in Shanghai and Feeling the World
“Shanghai breeze” – John Denver, a famous country song singer of the 1980s, depicted beautiful Shanghai to the world in his song. Why is Shanghai charming? Because she not only has the rich cultural tint of the south of Changjiang River, China, but also has a mixture of Western culture. Now Shanghai...
Carrier’s First “Totaline” Spare Parts Shop Opened in Suzhou
On March 29, 2004, Suzhou Xielian Air Conditioning Equipment Co., Ltd. received the authorization board from Mr. Wu Yongyao, Vice CEO in charge of Carrier’s sales and distribution network in China, indicating that the first shop of Totaline in China has officially started operation in Suzhou. Vice C...
Shinco Speeds up to Develop European Market
Recently, Jiangsu Shinco Air Conditioners Co., Ltd. has dispatched an inspection team to Europe which visited eight countries including Germany, France, Spain and Italy. It is said that it was Mr. Wu Yong, General Manager, who led the team to visit these countries. The aim of the visit was to invest...
Midea and Toshiba’s New Compressor Plant in Shunde
On April 8, Guangdong Midea Group and Toshiba Carrier Corporation held a contract signing and foundation stone laying ceremony for their new joint venture company in Shunde, Guangdong, announcing that they will establish a new joint venture compressor company with an investment of 300 million RMB to...
Yantai Moon and Hyundai Jointly Establish a New Company
Recently Yantai Moon Group and Hyundai Heavy Industries, Korea, signed an agreement to jointly invest in the establishment of Yantai Hyundai Moon Heavy Industries Co., Ltd. which will develop, produce and sell circulating fluidized bed boilers. The total investment for project phase I will be US$20 ...
Geothermal Source Heating System Attracts Attention
The Technical Development Committee of China Construction Industry Association recently held promotional activities for new building technologies in Beijing. The new technology introduced this time is a geothermal source heating system. This heating system has been used for 20 years for residential ...
Sanhua in Fast Traffic Lane of Stock-Listed Companies
Recently JARN has learned from Zhejiang Sanhua Co., Ltd. that the preliminary preparations for becoming a stock-listed company are under way. Having already achieved breakthrough cooperation with relevant securities dealers , the company plans to go public on the stock market in October this year. D...
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