Midea Commercial Air-conditioning Equipement Co., Ltd

Company Description

Midea Commercial Air Conditioning Company is a subsidiary company of Midea Group, which was founded in 1999 and specializes in production of commercial air-conditioning and related services. In virtue of Midea Group s A/C industrial chain advantages, MCAC utilizes the combination of external cooperation and self innovation, in order to implement a development strategy starting from a technologically advanced level, with high capital investment, that yeilds high-quality products. As result, MCAC enjoys healthy growth. Right now MCAC has 1.5 billion in total assets, and owns two production bases in Shunde and Chongqing.MCAC s products have been greatly admired and trusted by users since their introduction to the marketplace. In the past six years, MCAC has completed several exemplary projects in various office buildings, commercial buildings, factories, hospitals, villas, and housing developments. Midea Commercial Air-conditioning Equipement Co., Ltd products are exported to over 110 countries and regions, and products bearing the Midea Brand are exported to over 36 countries and regions. Overall, MCAC has had product sales in 126 countries and regions .MCAC s sales increased dramatically from 2 million RMB in the year 2000 to 3.6 billion RMB in 2006. The expected future sales prospects are very promising with sales forecasts of 10 billion RMB in 2010.Shunde Base: GuangDong Midea Commercial Air Conditioning Equipment Ltd.MCAC has a 90, 000 square meter workshop with 15 world-class advanced production lines, producing mainly Multi system units, Unitary A/C sets, and one time refrigerant products. MCAC s product lineup includes 12 major series and more than one thousand models. Annual output is 700 thousand units with up to 120 thousand monthly during peek season. MCAC has the largest capacity range and the most complete product series in the domestic commercial air conditioning industry.As of Oct. 31st 2006, GuangDong Midea Commercial Air Conditioning Equipment Ltd. held total assets of 0.9 billion RMB.