Shanghai Highly (Group) Co., Ltd. is principally engaged in research, development, manufacture and distribution of air conditioner compressors and refrigerator compressors. During the year ended December 31, 2009, the Company produced approximately 11.3018 million air conditioner compressors. It distributes its products in domestic and overseas markets. As of December 31, 2009, the Company had seven subsidiaries/affiliates, which involved in manufacture and distribution of air conditioner compressors, castings, spare parts and automobile motors.