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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...
Changhong Allies with Sanyo to Expand AC Production
On April 7, Sichuan Changhong, the giant in Chinese electric household appliance sector, signed a strategic cooperation agreement with China Resources Sanyo to officially form a strategic alliance relationship. Mr. Li Jin, General Manager of Changhong Air Conditioner Corporation, expressed that they...
Tsinghua Tongfang to Sell Home Central Acs
Recently, Tsinghua Tongfang Artificial Environment Co., Ltd. Simultaneously opened monopoly shops of household central ACs in big cities such as Beijing, Shanghai, Guangzhou and Nanjing, proposing that household central ACs need the “four-in-one” 365-day whole-process service. Fourin- one means the ...
Shuangliang’s Absorption Chillers’ Bright Prospects
Last year Shuangliang’s income and net profit from its major business increased by 32% and 31%, respectively from the previous year, the net cash flow from operating activities per share reached 0.53 RMB, exceeding more than a 50% yield rate per share. Thus, the company is in good operating conditio...
Mostra Convegno Expocomfort 2004 – An international show of HVAC equipment in Milan, Italy –
The 34th edition of Mostra Convegno Expocomfort – the international biennial exhibition dedicated to heating, air conditioning, refrigeration, plumbing technology, water treatment and bathroom fittings – has closed with extraordinary success, especially from the point of view of international exposu...
Carel at China Refrigeration 2004
At the largest annual HVACR expo in China, Carel has presented its latest solutions: the pCO sistema series of AC controllers, the pCOXS compact programmable controller and the PGD graphic display (in Chinese) included, the E2V Electronic expansion valve. Additionally on display: the range of Carel ...
Danfoss News Conference at China Refrigeration 2004
D“Danfoss News Conference PRP 2004 Award Ceremony” was held on April 8, 2004 in Shanghai during the 15th International Exhibition for Refrigeration, Air-conditioning, Heating and Ventilation, Frozen Food Processing, Packing and Storage. At the conference Danfoss made the following important announc...
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