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Since formally established in June 1993,as one of three global strategic air conditioner production bases, PHAAG had kept “Contributing to society through business development” as its management theory, and firmly rooted at the Chinese people and country. Relying on its rich experiences of technology development & manufacturing accumulated in the past 50 years. Panasonic Air Conditioner has consistently expanded its business domains according to the ever-changing individualized demands of consumers.

In view of future, relying on Panasonic’s well-admired technology and quality, and its strong growing of competitiveness and adaptability ini the world, PHAAG will definitely manufacture high quality and value-added products & services that will provide new, comfortable living space of 21 century for the customers.

Company Name: Panasonic Home Appliances Air-Conditioning (Guangzhou) Co., Ltd. (PHAAG)

Time of Establish: June 7,1993

Registered Capital: US$41.9million

Investment Ratio: Matsushita Electric Industrial Co., Ltd. At 68%, Wanbao Electric at 32%

Number of Staffs: about 5,700(80%of them are under age 30)

Production Capacity: 2.6 million sets per year(2005)

Production commences: January 1995

Factory Area: 252,000 square meters