Shanghai Highly (Group) Co., Ltd. (China)

The main business is air conditioning compressor. The company is of the most complete varieties and the largest scale, outputs and sales ranked first at home and are among the world's top three for many years. The company has 7 advanced production lines, with an annual production capacity of 12 million sets of air-conditioning compressor rotor. Through the introduction, digestion and absorption of foreign advanced technology, from cooperated research to independent development, The technology level is close to international advanced level. At present, the proportion of own-brand sales jumped to 86%. The price advantage enhances the competitiveness. The company also intends to produce power screw machine products through the acquisition of the assets, involved in the central air-conditioning compressor. In Aug 07 Shanghai Highly Group’s plan to acquire 100% stake in Qingdao Sanyo was approved. After the completion of Qingdao Sanyo business changing registration procedures, it will be the domestic enterprise, renamed Qingdao Haili Electric Co., Ltd.