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Data Center Cooling002011.SZ

Zhejiang Dun'an Artificial Environment Co., Ltd.

盾安环境

A refrigeration-components and equipment group controlled by Gree, supplying valves to air-conditioner makers and precision air conditioners to data centers.

Headquarters
Zhuji, Zhejiang, China
Region
Zhejiang
Founded
2001
Stage
Public
01

Overview

Zhejiang Dun'an Artificial Environment Co., Ltd. was founded in December 2001 and listed on the Shenzhen Stock Exchange main board in July 2004 (002011.SZ), headquartered in Zhuji, Zhejiang, with about 12,600 employees. The company runs two segments: refrigeration components — shut-off valves, four-way valves and electronic expansion valves supplied to air-conditioner OEMs — and refrigeration equipment covering commercial central air conditioning, precision air conditioners for data centers, and refrigeration/freezing equipment, with extensions into new-energy vehicle and energy-storage thermal management. Gree Electric Appliances became its controlling shareholder and held 38.13% at the end of 2025. FY2025 revenue was RMB 13.035 billion with net profit attributable to shareholders of RMB 1.078 billion; H1 2026 revenue was RMB 7.231 billion with net profit of RMB 0.467 billion.

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Products

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Precision air conditioners

Refrigeration-equipment side product aimed at data centers and equipment rooms, where temperature and humidity control drive cooling demand.

Refrigeration valves

Shut-off valves, four-way reversing valves and electronic expansion valves — core components of air-conditioner systems.

Commercial central air conditioning

Chillers and commercial HVAC equipment for buildings, industry and infrastructure projects.

Thermal management for EV and storage

Thermal-management components extended from refrigeration know-how into battery cooling and energy storage.

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Highlights

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  • 01FY2025 revenue of RMB 13.035 billion (+2.81%) and net profit attributable to shareholders of RMB 1.078 billion (+3.16%).
  • 02H1 2026 revenue of RMB 7.231 billion (+7.45%) and net profit of RMB 467 million (-12.79%).
  • 03Gree Electric Appliances held 38.13% at the end of 2025 and is the controlling shareholder.
  • 042025 weighted average ROE of 17.72%; about 12,631 employees.
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People

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Funding

1
  1. IPO

    CNY 3.027 亿
    Source
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Events

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Related projects

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Topics

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Coverage

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Information compiled from public sources; refer to the company's official website for authoritative details.