Philips Air Conditioner’s production and research base is put into production in Chuzhou, Anhui province on December 20, 2022. With a total investment of 10 billion Yuan, the base is designed to manufacture residential air conditioners, large commercial air conditioners, compressors and motors, and will be established through three stages. Started in March, the base finishes its first stage of construction that includes R&D center, smart manufacturing zone, and automatic warehouse and logistics center in nine months and is then put into production. It is capable of full-process R&D and production. Its full capacity is expected to reach 5 million units per year after full production.