# Tent Group to build $72.9M central air conditioning R&D HQ in Nantong

Tent Group signed an agreement on August 18, 2022, to build a 500 million yuan ($72.86 million) headquarters for central air conditioning R&D in Nantong Economic and Technological Development Area, Jiangsu, China. The project is expected to generate annual output of 200 million yuan.

- Type: New facility
- Announced: 2022-08-18
- Where: Nantong Economic and Technological Development Area, Jiangsu, China, China
- Value: $72.9M (500.0M CNY)
- Status: announced
- Products: central air conditioning systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Tent Group](https://endata.com/companies/66288.md)

## Sources

- [govt.chinadaily.com.cn](https://govt.chinadaily.com.cn/s/202211/01/WS63608ad4498ea274927a7210/netda-signs-agreement-for-500m-project.html), 2022-11-01: "Shanghai-based Tent Group Co Ltd on Aug 18 signed an agreement to build a 500 million yuan ($72.86 million) headquarter for the research and development of central air conditioning systems in the Nantong Economic and Technological Development Area."

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