Songz Plans to Invest RMB 700 Million in Automobile ACs

Shanghai Songz Automobile Air Conditioning announced on December 12, 2012 that it planned to launch the ‘New energy automobile air conditioning and control systems project ’ and the ‘Railway and urban rail transit air conditioner industrialization project’ in the Xinzhuang Industrial Park, Shanghai. The total investment is RMB 694.39 million (US$ 112 million).