Panasonic Establishes "Panasonic Appliances Refrigeration System (Dalian) Co., Ltd."

Jul 03, 2016

Dalian, China - On July 1, 2016, in order to reinforce the organizational structure of its cold chain business in China and as part of the global rollout, Panasonic Corporation consolidated 2 companies handling its refrigeration business, the Panasonic Appliances Compressor (Dalian) Co. Ltd. (PAPCDL) and Panasonic Appliances Cold Chain (Dalian) Co. Ltd. (PAPCCDL)to form a new company, the "Panasonic Appliances Refrigeration System (Dalian) Co., Ltd.", which will be responsible for the development, manufacturing, sales, construction, maintenance, as well as servicing.

The new company will draw on the competitive edge of both PAPCDL and PAPCCDL to help bolster the food distribution and low temperature distribution business mainly catering to super markets and convenience stores, the demand for which is expected to rise in China. It will also aspire to become the No.1 refrigeration company in China and lead the market with new cooling systems, energy-savings, and in safety.

Panasonic Appliances Refrigeration System (Dalian) Co., Ltd.

Name Panasonic Appliances Refrigeration System ( Dalian ) Co., Ltd.
(Abbreviation: PAPRSDL)
Established July 1, 2016
Headquarters No. 8 SongLan St. Economic and Technological Development Zone, Dalian, China
(Current PAPCDL No.1 Factory)
Capital 105,000,000 RMB (Approx. 1,665,000,000 yen)
Representatives Chairman: Fan Wen
(who is also the Vice President of Bingshan Group Co., Ltd. and Chairman of PAPCDL)
Vice Chairman: Akio Kozaki
(Director, Refrigeration and Air-conditioning Devices Business Division)
Managing Director: Yin Xide
Deputy Managing Director: Jiang Litao
Investment Ratio Panasonic Corporation of China : 30%, Dalian Refrigeration Co., Ltd. : 20%, PAPCDL : 25%, PAPCCDL : 25%
Business Developing, manufacturing, purchasing, sales, construction and engineering, maintenance and servicing of refrigeration devices, semi-hermetic compressors, and other related products.
Manufacturing Start Date July 1, 2016
Employees Approximately 350

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