Following the announcement made in December last year that it would “settle down” in Malaysia and invest in building a production base there, on the evening of March 4th, Ningbo Deye Technology Co., Ltd. released its latest announcement. So far, the company has completed the establishment registration of its subsidiary in Malaysia. In addition, Deye New Energy Technology (Malaysia) Co., Ltd. has signed a “Purchase and Sale Agreement”, planning to purchase a plot of land approximately 133,237.431 square meters in size for about 194.3 million RMB.
The headquarter of Deye Technology Co., Ltd. is located in Ningbo, Zhejiang Province. Now the company has three core production chains, namely environmental appliance represented by dehumidifier and HAVC products, a full range of photovoltaic inverters and energy storage battery packs.
“With continuous changes in international situation and trade environment, the necessity of overseas production capacity layout has been increasing day by day.” said Deye. Malaysia is located in a strategic place in Southeast Asia,with a superior geographical location. It is not only an important country along the “21st Century Maritime Silk Road”, but also a bridgehead of the “Belt and Road Initiative”. Moreover, it has a stable economic foundation, good labor quality, and a convenient language environment. Under the tide of the accelerated global economic integration, the company’s investment and establishment of a subsidiary in Malaysia this time is conducive to further expanding the overseas market, responding more flexibly to the potential adverse impacts on the company from the macro environment and the international trade pattern, enhancing the overall risk resistance ability, and strengthening the company’s comprehensive competitiveness. It is in line with the company’s strategic planning and long-term interests.
From October 23rd to 25th this year, Deye will make an appearance with special decoration at the 5th China International Air Conditioning, Heating, Ventilation Refrigeration and Cold Chain Exhibition (RACC 2025), presenting a series of equipment products such as household dehumidifiers, commercial and industrial dehumidifiers, and fresh air dehumidification systems. At that time, we sincerely invite all of you to visit Deye’s booth (Booth No.: 2-B25) for visit, exchange and cooperation.
In 2025, the RACC EXPO will usher in the 5th celebration, and with an estimated exhibition area of 70,000 sqms, 900+ global exhibitors, more than 150 international professional forums, it will attract more than 40,000 professional visitors at home and abroad.
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