September 19, 2017 8:34 PM ET

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Company Overview of Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd.

Company Overview

Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd. manufactures automobile air conditioners and accessories. The company was founded in 2002 and is based in Nanjing City, China. Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd. operates as a subsidiary of Xiezhong International Holdings Limited.

Scientific Park

Jiangning District

Nanjing City,  

China

Founded in 2002

Key Executives for Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd.

Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd. does not have any Key Executives recorded.

Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd. Key Developments

Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd. Announces Director Resignations

The board of directors of Xiezhong International Holdings Limited announced that each of Mr. Han Yonggui, Mr. Chen Bao and Mr. Zhu Zhenghua has resigned from his office as non-executive director of Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd. with effect from July 27, 2017 due to their other business engagements.

Xiezhong Nanjing and BAIC Announce Renewal of Master Agreement

Xiezhong Nanjing and BAIC had on 5 May 2017 entered into the new Master Agreement to govern the supply of Air-conditioning Systems by the Group to the Purchasers on similar terms and conditions after the expiry of the Previous Master Agreement. Xiezhong Nanjing and BAIC entered into the Previous Master Agreement on 12 June 2015 in relation to supply of Air-conditioning Systems by the Group to the Purchasers for the term from 1 January 2015 to 31 December 2017. The Previous Master Agreement will expire in accordance with its terms on 31 December 2017.

Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd. Enters into Supply Framework Agreement with Peugeot Citroen Automobiles S.A. and Dongfeng Peugeot Citroen Automobile Company Ltd

The board of directors of Xiezhong International Holdings Limited announced that Nanjing Xiezhong Auto-Airconditioner (Group) Co., Ltd., an indirect wholly-owned subsidiary of the company, has entered into a supply framework agreement with Peugeot Citroen Automobiles S.A. on November 04, 2016, and a supply framework agreement with Dongfeng Peugeot Citroen Automobile Company Ltd. on November 04, 2016. Pursuant to the Peugeot agreement, it is agreed, amongst others, that Xiezhong Nanjing shall develop, manufacture and supply to Peugeot and its affiliates with modules of heating, ventilation and air conditioning for certain types of automobile upon receipt of purchase orders and delivery orders from the Peugeot Group for a term ending on December 31, 2025 in accordance with the terms and conditions therein. pursuant to the Dongfeng Peugeot agreement, it is agreed, amongst others, that Xiezhong Nanjing shall develop and deliver HVAC to Dongfeng Peugeot for certain types of automobile upon receipt of purchase orders and delivery orders from Dongfeng Peugeot in accordance with the terms and conditions therein.

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