# Yinlun to invest 60M yuan in Xi'an subsidiary for thermal management products

Yinlun Co., Ltd. announced it will invest 60 million yuan to establish a wholly-owned subsidiary in Xi'an, Shaanxi, to produce air conditioning boxes and cooling modules for new energy vehicles. The first phase is expected to start operations in October 2023.

- Type: New facility
- Announced: 2023-07-05
- Where: Xi'an, Shaanxi, China
- Value: $8.30M (60.0M CNY)
- Starts operating: Oct 2023
- Status: announced
- Products: air conditioning boxes, cooling modules
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Yinlun Co., Ltd.](https://endata.com/companies/28242.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/956164.html), 2023-07-05: "为满足客户属地化供货需求，提升公司新能源热管理业务市场占有率，公司拟投资6000万元人民币，在陕西西安设立全资子公司。"

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