China
Snowman Strengthening Refrigeration Compressor Business
The ice machine maker Fujian Snowman announced on February 15 that it increased the investment in a Swedish compressor company Svenska Rotor Maskiner (SRM) from RMB 550 million to 675 million to stren...
Fujian’s Central Air Conditioning Market Increases Rapidly i
The central air conditioning market of Fujian Province exhibited high growth in 2013, driven by the Haixi (west side of the Taiwan Strait) development policy, large air conditioner orders from Xiamen ...
Suning Releases 2014 Air Conditioning Industry White Paper
The retail giant Suning recently released the air conditioning industry white paper in which it makes the following predictions on the air conditioning market trend in 2014. The air conditioner...
First zero carbon building in Hong Kong
25/03/2014 Hong Kong buildings account for 89% of total electricity consumption, mostly generated by fossil fuels. All generated electricity accounts for 68% of total greenhouse gas (GHG) emissions. &...
Carrier to Offer Centrifugal Chillers to Tianjin High-rise B
Twenty four units of Carrier centrifugal chillers will be installed at Tianjin Goldin Finance 117 building, with a total cooling tonnage of 20,000 RT. Among them, 13 units are 19XR-E two-stage centrif...
China Exceeds U.S. in Energy Efficiency Measures Expenditure
Bloomberg news on February 19 reported that China has spent US$ 4.3 billion on energy efficiency measures, exceeding the United States for the first time, accounting for one third of global investment. According to the data released by Bloomberg, global investment on energy efficiency measures came to US$ 14.9 billion in 2013, indicating 5% year-on-year growth. Investment from North America...
Yilida Achieves Profits Growth by Over 18%
Yilida has strengthened its competitiveness in central air conditioner fan motors. According to its business report, Yilida has achieved 18.2% revenue growth and 18.5% profit growth in 2013 with stabl...
Highly Driving Forward International Development
On January 17, Shanghai Highly organized 2014 Supplier Conference with attendance of 25 suppliers and senior management including Shen Jianfang, chairman of Highly Group, and Zheng Jiandong, president...
Residential Central AC Market in Jiangxi Grows by 30% in 201
In 2013, residential central air conditioner market in Jiangxi showed strong performance, with the annual growth of 30% for mini-VRFs and packaged air conditioners (PACs) that are included in resident...
Hanbell Refrigeration Compressors Enjoy Accelerated Growth
On January 16, Hanbell Precise Machinery released the notice of business forecast adjustment, in which the estimated year-on-year net profit growth in 2013 was updated from 15-35% to 25-50%. According...
