China
Goldensea Listed on Shanghai Stock Exchange
Zhejiang Goldensea Environment Technology was listed on Shanghai Stock Exchange in May. After solid development for three decades, Goldensea has grown to be a leading private company in China making i...
Gree Receives Overseas Guests at Its PV VRF Project Site
A visiting group composed of guests from 15 countries of Southeast Asia, North America, and South Africa visited Gree’s photovoltaic (PV) VRF project at Shanghai Jiao Tong University recently and obse...
RAC Export Declines by 9% in Q1
According to the China Customs, export of room air conditioners (RACs) from China has seen 9% year-on-year decline in the first quarter of 2015. Many brands suffered more than 10% decrease in the export volume. Despite March is usually considered as a hot export season, this March has seen sharp year-on-year decline up to 21.2% in China’s RAC export, indicating huge pressures on this year’s...
Yuetu Relocates to Fujian
Yuetu is under realignment by its new management team, with its brand renamed as Ninghua Yuetu. The company relocated to Fujian Ninghua Home Appliances Industry Park on May 15. Ninghua production base...
AC Sales Grow by 7.7% in Q1 of 2015
According to China Market Monitor, retail sales of air conditioners in the first quarter of 2015 has come to 7.93 million units, indicating 7.7% year-on-year growth. Affected by the price war in the market, year-on-year growth rate of the retail sales volume has outpaced that of the sales value.cialiscialislevitraorder generic levitraorder generic levitralevitra side effects nihlevitra side effect...
Yantai Moon’s CO2/NH3 Cold Storage Project Put into Operatio
Last year, CO2/NH3 refrigeration technology was utilized by 15 projects in China, and this year the number is expected to hit 30. On May 11, Yantai Moon’s CO2/ NH3 cold storage project was put ...
Gree Permanent-magnet Synchronous Inverter Centrifugal Chill
Gree CVE series permanent-magnet synchronous inverter centrifugal chiller achieves IPLV 11.68 under the AHRI 550/590-2003 standard working condition. Enjoying high full-load and part-load efficiency, ...
AC Export to Russia Frustrated by Deteriorating Local Econom
Estimated by the Ministry of Economic Development of Russia, the country’s GDP has dropped by 2.2% in the first quarter of 2015. Economic recession in March was deteriorated year-on-year and month-on-...
