# Wanbao Compressor breaks ground on 21M-unit refrigerator compressor plant in Guangzhou

Guangzhou Wanbao Compressor held a groundbreaking for a refrigerator compressor factory in Conghua district, Guangzhou, with about 1 billion yuan invested and capacity of 21 million units per year. Production is scheduled to start in October 2021.

- Type: New facility
- Announced: 2020-12-01
- Where: Conghua, Guangzhou, China
- Value: $150.0M (1.00B CNY)
- Status: under construction
- Capacity: 21 million units per year
- Products: refrigerator compressors, K-platform compressors
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Guangzhou Wanbao Compressor](https://endata.com/companies/7299.md)
- [Guangzhou Gongkong](https://endata.com/companies/7300.md) (investor)

## Sources

- [chinaiol.com](http://www.chinaiol.com/News/Content/202012/45_25714.html), 2020-12-02: "项目计划于2020年12月开工建设，2021年10月投产，至2025年分期达产"

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