Established in 1984, Sanhua Holding Group takes “Flowers of Management, Technology and Talents” as the core of culture and focuses on the technology of heat pump control and thermal management system. We have already become one of the top international companies in industrial areas including HVAC&R, home appliances, and automobile thermal management. Also, we are going to manufacture products applied in energy storage thermal management and industrial automation.
We have 10 main products and over 30 different categories of products nearly capturing the biggest share in the world. Our clients are listed in Fortune Global 500, or Top 500 Enterprises of China, including Carrier, Johnson Controls, Nordyne, GM, Ford, Miele, Bosch, Siemens, Electrolux, Valeo, MAHLE Behr, Volkswagen, BMW, Mercedes-Benz, Audi, Daikin, Toshiba, Panasonic, Hitachi, Mitsubishi, Sharp, Fujitsu, Mitsubishi Electric, Calsonic Kansei, Toyota, Honda, LG, Samsung, Gree, Midea, AUX, Haier, Kelon, FAW, SAIC MOTOR, BAIC MOTOR, Volvo, BYD, NIO, ONE, XPENG.
Sanhua has 10 main production bases located in China (Meizhu and Damingshi, Xinchang, Binhai New Area, Shaoxing, Qiantang New Area, Hangzhou, Cixi, Ningbo, Wuhu, Anhui, and Zhongshan, Guangdong), Haiphong, Vietnam, Tychy, Poland, and Saltillo, Mexico. Overall, we have 57 factories worldwide. There are about 30 sales companies of Sanhua in China, Japan, Korea, Southeast Asian countries, Europe, and the USA. Sanhua’s sales increased 10.52%, to 57.8 billion RMB in 2023. By December 31, 2023, we have more than 36,000 employees all over the world and overseas affiliates employ over 4,600 associates.
To become industry-leading in the world, Sanhua offers technological innovations and has built Sanhua’s Central R&D Center and a lot of cutting-edged R&D Center worldwide. Overall, there are 8 Sanhua R&D Centers in Qiantang New Area, Hangzhou, Meizhu and Damingshi, Xinchang, Binhai New Area, Shaoxing, Cixi, Ningbo, China, Stuttgart, Germany, Detroit and Houston, the USA. We have more than 4,600 talents for R&D programs, over 20 top experts in the world, and over 1,400 talents with Master’s or Doctor’s Degree. We have applied for 9,762 patents all around the world, which includes 6,212 invention patents and 1,116 patents applied in foreign countries by Dec, 2023. And we have obtained 5,290 patents, comprising 2,343 invention patents overall, including 763 invention patents in foreign countries. Each year, we have applied for about 1,500 patents, over 50% of which are invention patents.We are engaged in the creation of 29 GB and industry standards and take part in the creation of 31 GB and industry standards. 5% of sales income is invested into R&D. We have 20 High-Tech companies in total and build a national technology center, a national engineering center, a postdoctoral research station, a national design center, and a provincial CAS (Chinese Academy of Sciences) academician workstation.
Sanhua Holding Group is listed in Top 500 Enterprises of China, Top 500 Private Enterprises of China, Top 500 Chinese Manufacturing Enterprises in 2023. We are awarded top awards, such as China Grand Awards for Industry, National Labor Award Medal, China Quality Award, China’s 100 Most Innovative Companies, and 2017 PACE Award. Our subsidiary company, Zhejiang Sanhua Intelligent Controls Co. Ltd., launched its stocks in 2005 and it is listed on Shanghai-Shenzhen 300 index, MSCI, FTSE Russell, Dow Jones Stock lndex and other 200 constituent stocks. In 2023, we ranked top 4% by market cap among China A-Shares companies, top 3 in Zhejiang.
