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Highly’s Profit Increases by 44%
The operating income of Shanghai Highly Group (Highly) in 2007 was RMB 4.8 billion, a 27.16% increase compared with the same period last year, the profit was RMB 131 million, an increase of 43.69%.Due to the continuing appreciation of RMB, the prices of the main raw materials of compressors, copper,...
MHI Holds 2008 New Product &Distributors Conference
MHI held its 2008 new product distributors conference in Sanya, Hainandao province recently. Mr. Toshiharu Kawahara, General Manager of Industries-Jinling, Mr. Katsumi Furuta, General Manager-designate of the company and other department leaders with more than 100 large distributors throughout the ...
Bosch and Siemens Open Refrigerator Base in Anhui
One of the world’s largest production bases of side by side refrigeration/freezer was put into operation in Chuzhou, Anhui province on March 12. The Global Chief Operating Officer and Chief Technical Official of Bosch and Siemens Household Appliances Group, Chief Executive Officer and President of B...
Midea Speeds up Reorganization of Hualing
Midea Group is speeding up its reorganization of Hualing Group. After Midea Electric Appliances Co., Ltd. passed the decision of purchasing 3 of Hualing’s key subsidiary companies from Midea Group, Hualing also held a shareholder convention to discuss the scheme of purchasing Welling Electric Motor ...
LG PAC Exhibition Hall Established in Beijing
LG Electronics PAC (Packaged AC) exhibition hall was finished and opened in Beijing Twins Building recently. The exhibition hall gives visitors a real experience of the comfortable life and technology attractiveness provided by LG’s products.The complete line of commercial ACs that LG sells in China...
Changhong to Cooperate with GE in R&D
During the General Electric (GE) Sustainable Development Forum and Expo held in Chengdu on April 9, GE signed a memorandum for cooperating with Changhong Group to develop environmentally friendly materials of household appliances.According to the memorandum, GE and Changhong Group will develop the o...
Massive Earthquake Hits China
????? A massive earthquake struck the eastern Sichuan province of central China at 02:28 PM of May 12, 2008 (local time). The quake killed? thousands and thousands of people, injured thousands more and thousands more were trapped under the rubble of collapsed buildings. ???? Ground motions from th...
Gree Distributors’ Meeting Held in Lebanon
On March 27, with the great support of ACSONS Gree Electric Appliances’ agent in Lebanon, the Gree New Residential Commercial Products Promotion Conference 2008 and the First Lebanese Distributors’ Meeting was held at the conference hall of the Royal Hotel in Lebanon. It turned out to be the larges...
Daikin Opens New D-Solution Plaza in Nanjing
Daikin held an opening ceremony for its new D-Solution Plaza in Nanjing on April 18, 2008. More than 50 HVACR experts, distributors and reporters were invited to be present at the ceremony to celebrate the completion of the Plaza.Covering an area of about 1,100 square meters, the new D-Solution Plaz...
ICL/Broad wins Cooling, Heating & Power (CHP) Project
Records are meant to be broken and so International Coil Ltd (ICL) of New Delhi and Broad of China have secured another massive order for 42,000 tons of exhaust-fired absorption chillers from DLF, a largest real estate developer in India, for air conditioning three more projects, Buildings 5 14 in ...
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