Qingdao Haili Motor Co., Ltd., with a registered capital of 500 million yuan, held its opening ceremony in Haier Industrial Park recently, marking the official start of a world-class production base for refrigerator compressors.
Qingdao Highly Electric Motor Co., Ltd. was established by Shanghai Highly Group. The group is a listed company that issues A-shares and B-shares at the same time. The scale of production and sales of air-conditioner compressors has reached 12 million units, ranking first in China and third in the world. In September 2007, with the assistance of Qingdao Development Zone, Haili Group successfully acquired the 100% equity interest of Qingdao Sanyo Electric Co., Ltd. and changed its name to Qingdao Highly Electric Motor Co., Ltd. with the opportunity of the strategic shift of Sanyo Electric.
Qingdao Highly Electric Motor Co., Ltd. is the only company in the country that has the ability to produce inverter refrigerators in batches. Its goal is to provide global customers with high-quality, high-efficiency, and environmentally-friendly inverter compressors and constant-speed compressors for refrigerators. And its market share has gradually developed into a world-class production base for compressors for refrigerators.
The opening and production of this project will play an active role in promoting the development of home appliance electronics industry in Qingdao Development Zone and upgrading the level of home appliances and electronics industry.