# Miaosen Capital and Haili Group to build inverter AC outdoor unit plant in Weihai

Miaosen Capital and Haili Group signed an agreement to invest 200 million yuan in a production base in Nanhai New District, Weihai, with an annual capacity of 10 million inverter air conditioner outdoor units. The annual output value is expected to reach 10 billion yuan.

- Type: New facility
- Announced: 2020-12-17
- Where: Nanhai New District, Weihai, China
- Value: $30.6M (200.0M CNY)
- Status: announced
- Capacity: 10 million inverter air conditioner outdoor units per year
- Products: inverter air conditioner outdoor units
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Miaosen Capital](https://endata.com/companies/51986.md) (investor)
- [Haili Group](https://endata.com/companies/51987.md) (partner)

## Sources

- [whnews.cn](https://www.whnews.cn/news/node/2020-12/18/content_7159526.htm), 2020-12-18: "苗森资本将与海立集团合作，在南海新区投资2亿元建设产能1000万台家用变频空调室外机生产基地。"

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