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On July 21st, the signing ceremony of the ten-cylinder compressor technology licensing agreement of the Valeo Thermal System Co., Ltd. and Huada Automotive Air Conditioning (Hunan) Co., Ltd. was held at the Jinxiang Hotel, Loudi. The director of the Municipal Bureau of Commerce, Su Shi, and the director of the State-owned Assets Supervision and Administration Commission of the city Jiang Xiaohui, Deputy Director Peng Zengguang, Chairman of Huada Automotive Air Conditioning (Hunan) Co., Ltd. Xiao Jun, Director Liao Changgui, Xiao Guoliang, Valeo Representative Wei Like HZC First Deputy General Manager, Huada Automotive Air Conditioning (Hunan) Co., Ltd. Manager Cao Zhihui, deputy general manager Wang Qigui, secretary Liu Jinxi, labor union chairman Zhou Zhijin and assistant Huang Bin attended the signing ceremony.
Mr. Su Shi, director of the Loudi Municipal Bureau of Commerce, was entrusted by the Municipal People's Government, the Standing Committee of the Municipal Party Committee and Deputy Mayor Lei Shaoye, and Mr. Jiang Xiaohui, Chairman of the State-owned Assets Supervision and Administration Commission, and Xiao Jun, Chairman of the Municipal Committee gave a warm speech. Huada Automotive Air Conditioning (Hunan) Limited Cao Zhihui, general manager of the company, and HZC, a representative of Valeo Thermal Systems, signed the ten-cylinder compressor technology license agreement on behalf of both parties.
This series of products introduced by Huada Automotive Air Conditioning Co., Ltd. is one of the most advanced fixed displacement compressors in the world today. It adopts a large number of new technologies and new processes and represents the current and future development direction. It sets rotary vane compression. The lightweight, compact and reliable swash plate compressors play a decisive role in expanding the market and further developing the company.
The project has invested 25 million yuan, which can form a production capacity of 150,000 units in a single class and 450,000 units in three classes. The annual output value is 250 million yuan and the profit and tax is 30 million yuan. It will play an important role in promoting the strategic objectives of new industrialization, scientific development, and accelerated catch-up.
The project is expected to be produced in November this year. The first step is to complete the production capacity of 50,000 units, first to meet overseas orders, and now has clear overseas orders for 170,000 units within five years, followed by gradually serving the domestic targeted market.
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