# Sanhua inaugurates second phase of US$60M air conditioning valve factory in Hai Phong

Sanhua Vietnam, a subsidiary of Sanhua Holding Group, inaugurated the second phase of its air conditioning valve factory at An Duong Industrial Park in Hai Phong on September 4, 2024. The second phase received US$60 million of investment in 2023.

- Type: Expansion
- Announced: 2024-09-04
- Where: An Duong Industrial Park, Hai Phong, Vietnam
- Value: $60.0M
- Status: completed
- Products: air conditioning valves, air conditioning components
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Sanhua Vietnam](https://endata.com/companies/12246.md)
- [Sanhua Holding Group](https://endata.com/companies/3620.md) (partner)

## Sources

- [english.vov.vn](https://english.vov.vn/en/economy/chinas-sanhua-inaugurates-us60-million-factory-in-hai-phong-post1118984.vov), 2024-09-05: "the firm invested more than US$50 million into the first phase of the project in August 2018 and injected an additional US$60 million into the second phase in 2023"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.