Due to the COVID-19 pandemic, the catering, tourism, retail, and other industries have been damaged, and many projects slowed down or ground to a halt, so China’s commercial air conditioning market shrank significantly. However, there have been strong segments in the market. For example, ongoing home office work has promoted an increase in information technology (IT) and fifth generation (5G) technology, which has accelerated the explosive increase in use of base station air conditioners and has provided computer room air conditioners with steady growth momentum.