Danfoss (Tianjin) Co., Ltd.

As the largest production base in the Asia-Pacific region invested by Denmark's largest industrial manufacturer Danfoss International Co., Ltd. and founded in Sep. 1995, with a total investment of $ 81,090,000 and registered capital of $ 42,060,000 including a capital increase of $ 15,000,000 in 2008, covering area of 225 mus (150,000 square meters) and total construction area of 61,000 square meters, Danfoss (Tianjin) Co., Ltd. is mainly involved in the production of thermal expansion valve, thermostatic valve, water valves, condensing units and inverters and so on, with thermal expansion valve as its leading products taking 40% of the global market share. In 2009, that realized sales revenues of RMB 1,464.119 million Yuan, with the profit of RMB 305.889 million Yuan and the tax payment was RMB 72.2447 million Yuan, absorbing 1402 people in employment.