In 2000, the company successfully merged a refrigeration equipment factory in Jingzhou, Hubei, and established Huayi Compressor (Jingzhou) Co., Ltd.; In 2002, it invested 65.438+0.4 billion yuan and held 53.732% shares in Zhejiang Jiaxing Jia Sibella Compressor Co., Ltd., an excellent Sino-foreign joint venture with an annual output of 2 million compressors in the same industry. After asset reorganization, Huayi Compression has three companies, namely Huayi Compressor Co., Ltd., Garcia Bella Compressor Co., Ltd. and Huayi Compressor (Jingzhou) Co., Ltd., with total assets of 2 billion yuan and annual production capacity of 2 billion yuan.
On February 24th, 2007, at 65438, Sichuan Changhong acquired 9765438+ ten thousand shares of Huayi Compression through judicial auction, becoming the largest shareholder of Huayi Compression. The entry of Sichuan Changhong has resolved the company's business risks, brought new development opportunities for the company and provided a strong backing for the company's sustained and healthy development.