As a key National High-tech Enterprise, the company is China's largest supplier of fluorine-free refrigerator compressors in terms of production and sales. According to its 2007 Annual Report, the company produced 12.81 mln compressor units in 2007, of which 12.25 mln units were sold, increases of 42.97% and 37.33% over 2006. The company controls a 26% market share in the refrigerator compressor industry, thus ranking first for six consecutive years.

Recently, the company's stock price maintained a moderate rise and is expected to further improve. Investors are advised to pay close attention.

Source: China Securities Journal

Date: 2 Jul 2008

CN01/NW/MZ/BT/MM