GMCC & Welling are integrated core component solution suppliers for consumer appliances. They have established 11 R&D centers and 14 intelligent factories worldwide, creating advantages in R&D and manufacturing scale. They adhere to green innovation and continuously upgrade core technology to provide customers with green, efficient, and intelligent products and solutions, contributing to the healthy development of consumer appliances and the upgrading of the industry. The company’s products, including compressors, motors, EEVs, and MR chips, are used in various applications such as air conditioners, washing machines, refrigerators, freezers, heat pump heating systems, water heaters, dehumidifiers, dryers, and car refrigerators. According to data from Industrial Online, GMCC’s sales of household A/C compressors once again surpassed 100 million units in 2023, with a global market share rising to 45%, maintaining its position as the global leader. The sales of heat pump heating compressors also lead the industry. Welling’s A/C motors and washing machine motors hold market shares of 40% and 22%, respectively, ranking first in the industry. Furthermore, MR chips continue to expand their portfolio in four product lines: MCU, IoT, power supply, and power chips. The cumulative sales of the MR88F001 series main control MCU have exceeded 10 million units, with performance at the international leading level. It has also been supplied to over 30 manufacturers.