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World-class compressor production base put into production in Qingdao Development Zone
Qingdao Haili Motor Co., Ltd., with a registered capital of 500 million yuan, recently held its opening ceremony at Haier Industrial Park, marking the official launch of a world-class production base for refrigerator compressors. This milestone represents a significant step forward in the company's mission to become a leading global supplier of high-quality compressor solutions.
Established by Shanghai Highly Group, a listed company that trades both A-shares and B-shares, the company has built a strong reputation in the air-conditioner compressor industry. With annual production and sales reaching 12 million units, it holds the top position in China and ranks third globally. In September 2007, with support from Qingdao Development Zone, Haili Group acquired 100% equity in Qingdao Sanyo Electric Co., Ltd., rebranding it as Qingdao Highly Electric Motor Co., Ltd. This move was made possible by Sanyo Electric's strategic shift, offering new growth opportunities for the company.
As the only company in China capable of mass-producing inverter refrigerators, Qingdao Highly Electric Motor Co., Ltd. is committed to delivering high-performance, energy-efficient, and environmentally friendly compressors to customers worldwide. Its products include both inverter and constant-speed compressors for refrigerators, and it continues to expand its market presence, gradually establishing itself as a key player in the global compressor industry.
The successful launch of this project is expected to greatly contribute to the development of the home appliance and electronics industry in Qingdao Development Zone. It will not only boost local economic growth but also help elevate the overall standards of the industry, positioning Qingdao as a major hub for advanced manufacturing and innovation.