On December 28th 2016, Huayi Group inaugurated in Jiaxipera, Jiaxing, China, the new Global Research and Development Center, with attendance of the President of the Changhong Group, Mr. Zhao, the President of Huayi Group, Mr. Liu, and top management of Huayi Group.
The new R&D Center has 19,000 m2 distributed in an 11-floor building and it represents an investment of 22.7 million USD for the group. It will entirely be dedicated, in accordance with the group’s strategy, to the development of the most advanced and innovative solutions for the refrigeration market. This center will give support to all Huayi companies and divisions.
On the same day the group also celebrated reaching the figure of 400 million compressors manufactured by its Chinese plants since the founding of the company.