BITZER & CIGTech Forge Joint Venture
A new strategic joint venture, BITZER-CIGTech Centrifugal Compressor (Nanjing) Co., Ltd.,
was officially registered and approved on May 14, 2026, in Jiangning District, Nanjing,
marking a key milestone in the collaboration between German refrigeration giant BITZER
and China's magnetic levitation technology leader CIGTech (Nanjing CIGTech Co., Ltd.)
Joint Venture Basics
Registered Name: BITZER-CIGTech Centrifugal Compressor (Nanjing) Co., Ltd.
Registration Date: May 14, 2026
Location: Jiangning Development Zone, Nanjing, Jiangsu, China
Registered Capital: RMB 40 million
Shareholders:
BITZER Refrigeration Technology (China) Co., Ltd. (BITZER China)
Nanjing CIGTech Co., Ltd. (CIGTech, 688448.SH)
Core Business & Strategic Focus
The new entity will specialize in the research, development, manufacturing and sales of
high-efficiency magnetic levitation centrifugal compressors, serving two core markets:
commercial & industrial refrigeration and industrial gas compression. By combining
BITZER's decades-long expertise in refrigeration compressor technology and global
market reach with CIGTech's proprietary magnetic levitation bearing, high-speed
permanent magnet motor and intelligent control technologies, the joint venture aims
to deliver next-generation compression solutions with ultra-high energy efficiency, oil
free operation, low noise and minimal maintenance.
Industry Significance
This partnership represents a powerful synergy between global engineering excellence
and Chinese innovation in advanced fluid machinery. Magnetic levitation centrifugal
compressors, compared to traditional oil-lubricated models, typically achieve 20%+
energy savings, 100% oil-free air delivery and significantly reduced operational costs,
making them ideal for energy-intensive sectors such as data center cooling, food
processing, chemical manufacturing, pharmaceuticals and new energy materials.
For BITZER, the joint venture strengthens its foothold in China's rapidly growing high
efficiency compression market and accelerates the localization of cutting-edge
magnetic levitation technology. For CIGTech, the collaboration leverages BITZER's
global brand recognition and distribution network to expand the international footprint
of its magnetic levitation products, advancing China's high-end equipment
manufacturing capabilities on the world stage.
Future Outlook
With the official establishment of the joint venture, both parties will immediately
advance product development, production line construction and market promotion.
The first batch of BITZER-CIGTech magnetic levitation centrifugal compressors is
expected to be unveiled within 12 months, targeting both domestic Chinese customers
and global markets through BITZER's international sales channels.
This landmark collaboration not only reshapes the competitive landscape of the global
centrifugal compressor industry but also drives the low-carbon transformation of
industrial sectors worldwide, aligning with global sustainability goals and China's "Dual
Carbon" strategy.
