# Gaxi Bella begins construction of smart compressor plant in Jiaxing, China

Gaxi Bella broke ground on a smart compressor project in Nanhu District, Jiaxing, Zhejiang, on 30 October 2021. The RMB 1.3 billion project will produce 20 million high-end refrigerator compressors and 1 million new energy vehicle air-conditioning compressors per year.

- Type: New facility
- Announced: 2021-10-30
- Where: Nanhu District, Jiaxing, Zhejiang, China
- Value: $202.0M (1.30B CNY)
- Status: under construction
- Capacity: 20 million high-end refrigerator compressors and 1 million NEV air-conditioning compressors per year
- Products: refrigerator compressors, new energy vehicle air-conditioning compressors
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Gaxi Bella Compressor](https://endata.com/companies/8556.md)
- [Changhong Huayi Compressor](https://endata.com/companies/8557.md) (investor)

## Sources

- [gzw.jiaxing.gov.cn](https://gzw.jiaxing.gov.cn/art/2021/11/2/art_1543619_58872248.html), 2021-11-02: "新建年产2000万台高端冰箱压缩机和100万台新能源汽车空调压缩机"

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