Guangzhou Wanbao Group Co., Ltd.

Guangzhou Wanbao Group has successfully cooperated with five multinational companies such as Panasonic, Panasonic, Hitachi, Singapore Bai Sheng Company and American GE Company, and has nine joint ventures with total assets of 8.4 billion yuan. Guangzhou Wanbao Group Co., Ltd. (hereinafter referred to as Guangzhou Wanbao) is a large-scale group enterprise established in July 2000 by optimizing the industrial structure on the basis of Wanbao Refrigerator Group Co., Ltd. and Guangzhou Wanbao Household Appliances Holding Co., Ltd. according to the decision of Guangzhou Municipal Party Committee and Municipal Government. Guangzhou Wanbao has total assets of 8.4 billion yuan and net assets of 3.26 billion yuan, forming three major production bases mainly for refrigeration products. Products cover refrigerators and air-conditioning compressors, refrigerators and freezers, air conditioners, various small household appliances and relay protectors, enameled wires, micromotors and other accessories.