Dalian Bingshan Group Co., Ltd., grown out of the Dalian Refrigeration Works established in 1930, has made substantial progresses through reform, reorganization, system transformation, acquisition and merger over the past 70 years, especially since the reform and opening-up, Bingshan has been developed into a large enterprise group with multiple investments. In 2008, Bingshan has completed the system reform of multiple investments successfully, and the continuous developments on conglomerate, professional specialization and internationalization have made Bingshan the largest industrial refrigeration air conditioning equipments manufacturing base in China which enjoys the biggest market share in the industrial refrigeration field and being competitive in the international market. Dalian Bingshan Group has 1 public company, 12 domestic-funded companies and 30 Sino-foreign joint ventures. Bingshan ranked among the top 100 National Machinery Industrial Enterprises, the top 500 Excellent State-Owned Enterprises, and 520 enterprises under the back up by the government. Bingshan ranks the 1st in the petro-chemical general machinery industry, industrial refrigeration industry. "Bingshan" brand is approved as the only "Well-known Trademark" in the refrigeration and air conditioning industry of China as well as the China Top Brand and Chinese Export Brand for Priority Cultivation and Development. The technology development and innovation of Bingshan Group is supported by the national level technical center, Bingshan R&D institute and 4 enterprises postdoctoral working stations. Bingshan focuses on the customers’ needs, takes science and technology as guidance, combines independent innovation and joint venture cooperation, develops the heat/cold, ecological, energy saving and environment friendly products with high efficiency and reliability, forms the complete refrigeration air conditioning industrial chain.