Sanhua Holding Group Co., Ltd.

Sanhua Holding Group Co., Ltd. was founded in 1984. With the connotation of "the flower of management, the flower of technology, and the flower of talents", it has gone through a development road of "concentration and leadership" for more than 30 years, and has become a "global cooling company" that is well-known at home and abroad. The Kingdom of Air Conditioning Controls". Sanhua Holdings Group is committed to the development of building HVAC energy saving, heating and cooling conversion, temperature control products, subsystems and solutions in the fields of home appliances and transportation thermal management. There are five series of automotive air-conditioning and thermal management systems. The market share of leading products is leading in the world. The main customers are Fortune 500 or China's top 500 companies. Its subsidiary Sanhua Intelligent Control Co., Ltd. was listed in 2005; it won the National Quality Award, National Top 500 Private Enterprises, China Top 500 Manufacturing Industry, National Machinery Top 100, Zhejiang Province Top 100 Taxpayers and other honorary titles. Sanhua pursues the leading position in the global industry with technological innovation, and has set up world-class R&D centers such as the "Sanhua Central Research Institute" and overseas R&D centers in Austria and the United States, gathering global leading R&D experts, with more than 1,200 R&D talents People; more than 2,700 patents have been declared worldwide, including more than 1,700 invention patents and more than 300 foreign patents; presided over the drafting of 21 Chinese national standards or industry standards, and participated in the drafting of 13; owns 4 high-tech enterprises, 1 national technology Center, 1 national and local joint research and development center, 1 academician workstation of the Chinese Academy of Sciences, and 1 postdoctoral mobile station.

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Manufacturer

(CEO)

Four-way reversing valve,solenoid valve

Above 10M USD

More than 500 people

10

Established in 1984, Sanhua Holding Group takes “Flowers of Management, Technology and Talents” as the core of culture and focuses on the technology of heat pump control and thermal management system. We adhere to the strategy of “Dedication and Leadership”, and aim at “Innovation and Surpassing”. We have already become one of the top international companies in the industrial areas including HVAC&R, home appliances, and automobile thermal management. Sanhua Holding Group develops control parts series and integrated module for thermal management of HVAC&R, refrigeration, home appliances, and NEV. We have 9 main products and over 20 different categories of products capturing the biggest share in the industry. Our clients are listed in Fortune Global 500 and China's Fortune Global 500 companies, including Carrier, Johnson Controls, Nordyne, GM, Ford, Miele, Bosch, Siemens, Electrolux, Valeo, MAHLE Behr, Volkswagen, BMW, Mercedes-Benz, Audi, Daikin, Toshiba, Panasonic, Hitachi, Mitsubishi, Sharp, Fujitsu, Mitsubishi Electric, Calsonic Kansei, Toyota, Honda, LG, Samsung, Gree, Midea, AUX, Haier, Kelon, FAW, SAIC MOTOR, BAIC MOTOR, Volvo, BYD, NIO, ONE, XPENG. Sanhua has 9 main production bases and more than 20 factories, located in China (Xinchang, Hangzhou, Binhai,Shaoxing, Cixi, Ningbo, Wuhu, Anhui, and Guixi, Jiangxi), Poland, Austria, Mexico, and America. There are about 20 sales companies of Sanhua in China, Japan, Korea, Southeast Asian countries, Europe, and the USA. Sanhua’s sales increased 30.2%, to 52.3 billion RMB in 2022. Till now, we have more than 31 thousand employees all over the world and the overseas affiliates employ over 3,600 people. To become industry-leading in the world, Sanhua offers technological innovations and has built Sanhua’s Central R&D Center and a lot of cutting-edged R&D Center worldwide. Overall, there are six Sanhua R&D Centers in Hangzhou, Xinchang and Cixi, China, Detroit and Houston, the USA, and Stuttgart, Germany, with more than 3,400 talents for R&D programs, 3 Chinese talents elected to national “Thousand Talents Program”, 3 Chinese talents elected to provincial “Thousand Talents Program”, over 20 top experts in the world, and over 1,000 talents with Master’s or Doctor’s Degree. We have applied for 8,342 patents all around the world, which includes 5,125 invention patents and 929 patents applied in foreign countries by Dec, 2022. And we have obtained more than 4,724 patents, comprising 2,086 invention patens overall, including 673 invention patents in foreign countries. Each year, we have applied for about 1,000 patents, 50% of which are invention patents. We are engaged in the creation of 22 GB and industry standards and take part in the creation of 23 GB and industry standards. 5% of sales income is invested into R&D. We have 16 High-Tech companies in total and build a national technology center, a national engineering center, a national design center, a CAS (Chinese Academy of Sciences) academician workstation and a postdoctoral research station. Our subsidiary company, Zhejiang Sanhua Intelligent Controls Co. Ltd., launched its stocks in 2005 and it is listed on Shanghai-Shenzhen 300 index, MSCI, FTSE Russell, Dow Jones Stock lndex constituent stock. In 2021, we ranked top 10% by market cap among China A-Shares companies. We are awarded top awards, such as China Quality Award, China Grand Awards for Industry, National Labor Award Medal, China’s 100 Most Innovative Companies, China Well-known Trademark/Brand, 2017 PACE Award and 2016 AWE CORE AWARD. Also, we are one of the China Top 500 Private Enterprises, Manufacturing Company 500 China, Top 100 China Machinery Industry Companies, and Zhejiang Top 100 Companies by Tax Revenue. To tackle the global environmental pollution and energy crisis, we adhere to the strategy of “Dedication and Leadership”, and aim at “Innovation and Surpassing”. Our mission is to develop smart low-carbon economy, and create eco-friendly environment for mankind. Sanhua focuses on conversion kits in heating and cooling, controls, and systematic technological solutions for HVAC&R, commercial air conditioning and refrigeration, thermal management applied in NEV and home appliances. And we center on the development of energy-saving, low-carbon, and smart products. We will be industry-leading in each subdivision market and strengthen our commitment and contribution to green environment. Let’s work together for a happy and bright world! In the following decade, Sanhua will adhere to “Dedication and Leadership”, “Innovation and Surpassing” and focus on research and application of heat pump inverter control system, to develop refrigeration, air conditioning, home appliances and automotive thermal management system and components, which based on energy-saving, environmentally friendly and intelligent control and take automatic control integration advantages all around the world. Sanhua continuously improve internal operation and management, and combine industrial and capital operation to quicken global merger and integration and further from cost-oriented to technology-oriented and from development of machinery parts to that of systemic and technical solutions to electronic control integration. Sanhua’s aim to become: Global leader in HVAC&R control components and systems industry; Global leading enterprise in home appliance control components and systems industry; Global excellent enterprise in automotive thermal management components and systems. Eventually, Sanhua will become system solution provider and great contributor to mankind’s high-quality environment.