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Fiamma Partners with Samyou to Establish First AC Plant Outside China in Malaysia
Malaysia: Fiamma Holdings Bhd has partnered with Chinese firm Zhuhai Samyou Environmental Technology Co Ltd to establish an air conditioning production facility in Malaysia, marking Samyou's first plant outside China. Fiamma’s CEO, Jimmy Tan, noted that this collaboration will expand their portfolio with Samyou’s "VINO" brand, which offers eco-friendly and energy-efficient AC solutions, addressing strong domestic demand. Samyou’s founder, Xiao Youyuan, committed to launching the facility by mid-2025, aiming for US$100 million in international sales within three years.
Source: The Edge Malaysia