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Johnson Controls-Hitachi Air Conditioning's subsidiary Johnson Controls-Hitachi Wanbao Compressor (Guangzhou) signed the main terms of an investment contract with Conghua district for a scroll compressor project planned at about 100 mu of land, with investment of RMB 480 million.
“计划投资4.8亿元,并将引进产业链下游客户以及上游工厂核心部件工厂进从化”gz.gov.cn
Summarized from public sources; check the original articles before acting on it.