Johnson Controls–Hitachi Air Conditioning was established on October 1st, 2015 as a joint venture between Hitachi Appliances, Inc. (now Hitachi Global Life Solutions, Inc.) and Johnson Controls, Inc. Hitachi Appliances carved out and contributed its air conditioning business to the Joint Venture. Johnson Controls acquired a 60% stake of the carved-out business and Hitachi Global Life Solutions, Inc. continues as a 40% shareholder of this venture. With this joint venture, two rich, 100-year-old cultures and histories have come together to create one exciting new company, serving our combined customers with the most diverse product portfolio in the air conditioning industry.?Rooted deeply in China for 30 years, it has established headquarter, R&D centers, procurement centers, five major manufacturing bases and sales service organizations in China, achieving annual sales revenue of more than 20 billion RMB, and providing localized cooling and heating systems, Full Line-up Products, Full Scope Total Solution and Full Life-Cycle Service for Chinese customers.