Qingdao Aucma Co., Ltd. (hereinafter referred to as the company) was approved by Qingdao Economic System Reform Commission in document (1998)2 15 on June, 2006. On the basis of the original Qingdao Aucma Electric Appliance Company, it was jointly established by Mudanjiang Guanghui Jiaodian Co., Ltd., Hebei Wujinjiaodian Chemical Company, Chongqing Changfeng Compressor Factory, Jingzhou Tailong Joint-stock Cooperation Company and Shandong Lingyun Industry and Trade Co., Ltd. with its complete production and operation assets related to freezer production and corresponding supply and marketing system. On February 28th, 1998, 1998, the company was registered in Qingdao Administration for Industry and Commerce and obtained the Business License of Enterprise as a Legal Person. On February 8, 2000, with the approval of China Securities Regulatory Commission, 90 million ordinary shares of RMB were publicly issued to the public, with a par value of 1 yuan per share. The registered capital of the company is 3,465,438 yuan+0,036 yuan. From June 5438 to February 2006,179376456,000 shares held by Qingdao Aucma Group Company, the controlling shareholder of the company, were transferred to Qingdao Enterprise Development Investment Co., Ltd. through the judicial assistance of Qingdao Intermediate People's Court, accounting for 52.5975% of the company's total share capital, and Qingdao Enterprise Development Investment Co., Ltd. became the controlling shareholder of the company.