Fujian Snowman

What Fujian Snowman does

Fujian Snowman Group Co., Ltd. (福建雪人集团股份有限公司) is a publicly listed industrial refrigeration, compression, and cold chain equipment manufacturer headquartered in Fuzhou, Fujian Province, China. Founded in March 2000 and listed on the Shenzhen Stock Exchange (stock code 002639) in December 2011, the company designs and manufactures compressors (screw, piston, and centrifugal), refrigeration units, ice-making systems, integrated concrete cooling systems, waste heat recovery power plants, and hydrogen energy equipment. The company owns or holds equity in multiple international compressor brands — Swedish SRM (Svenska Rotor Maskiner AB, described as the world's originator of screw compressors), Italian RefComp, US Concepts NREC (magnetic levitation turbomachinery), Swedish Autorotor (fuel cell air supply), and Swedish OPCON/Trention (screw expander generators) — and operates R&D centers in Sweden, Italy, USA, Canada, and Japan. Notable proprietary technologies include a self-developed -271°C large helium compressor applied in liquid hydrogen and major scientific research, CO2 transcritical reciprocating compressors for natural refrigerant systems, and ORC/WST screw expander integrated power stations for industrial waste heat recovery.

Snowman operates a B2B enterprise field sales model combining direct sales teams for large-scale project contracts (nuclear power plants, large-scale infrastructure such as Mecca Light Rail and Hong Kong-Zhuhai-Macau Bridge, hydropower stations, oil and gas fields) with an authorized RefComp distributor network across China, OEM/component supply into industrial supply chains, and international subsidiaries in Hong Kong, Italy, Indonesia, and Sweden. Revenue is generated primarily through hardware sales of compressors, refrigeration units, ice-making systems, and turnkey ice plants, supplemented by after-sales service through a 4001096660 hotline and field service partnerships (e.g., Sichuan Jade Oil & Gas Technology Service). The company has deployed more than 1,500 concrete cooling systems globally, supplies four Chinese nuclear power plants with concrete cooling, and is recognized by the Chinese government as a National Manufacturing Single-Champion Demonstrative Enterprise and National Green Manufacturing Demonstrative Enterprise.

The company's strategic positioning spans four verticals: cold chain logistics and food processing (ice-making systems, refrigeration for fisheries and meat processing), industrial manufacturing and infrastructure (compressors, concrete cooling, ORC waste heat recovery), clean energy and hydrogen (hydrogen fuel cell air supply, helium compression, green ammonia refrigeration), and commercial buildings and specialized applications (heat pumps, marine refrigeration). The company holds the role of working group leader for the National Cold Standardization Technical Committee's Ice Machine Working Group, signaling influence over Chinese national ice machine standards, and serves as the sole UNEP-designated Asia-Pacific host for refrigerant alternatives training in partnership with the Chinese Association of Refrigeration. Customer concentration is diversified across nuclear energy, transportation infrastructure, oil & gas, food processing, and emerging hydrogen/clean ammonia markets, with 1,001-5,000 employees globally and an estimated revenue band of $250M-$500M USD.

Name

Fujian Snowman

Legal name

福建雪人集团股份有限公司

Website

https://snowkey.com

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Fujian Snowman Group is a publicly listed Chinese industrial refrigeration, compression, and cold chain equipment manufacturer serving energy, infrastructure, food processing, and hydrogen markets globally through proprietary brands including Swedish SRM, Italian RefComp, US Concepts NREC, and the SNOWKEY ice-making line.

Ownership category

akta.pro rank

Product category

Industrial Refrigeration Equipment

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Pump and Compressor Manufacturing (33391)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580), Engines & Turbines (3510)

akta.pro primary industry

Cold Chain & Temperature-Controlled Storage Equipment (IMAHAKAJ)

akta.pro secondary industries

Chillers & Cooling Plant Equipment (IMAHAKAE), Compressors, Refrigeration Components & Condensing Units (IMADANAG)

Keywords

• Industrial refrigeration equipment
• Screw compressors
• Ice making machines
• Cold chain systems
• Waste heat recovery

Headquarters

HQ city

Xiamen

HQ country

China

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Industrial Refrigeration Equipment and Systems: Manufacture and sale of industrial refrigeration equipment including screw compressors, reciprocating compressors, centrifugal compressors, compressor packages, and complete refrigeration systems for commercial and industrial applications. Revenue is generated through direct sales, distributors, and project-based contracts.
2. Ice-Making Equipment and Systems: Production and sale of ice-making machines (flake, tube, plate, block ice), automatic ice storage systems, ice delivery and packaging equipment, and complete ice plant systems under the SNOWKEY brand.
3. Hydrogen Energy Products: Fuel cell air supply systems, hydrogen fuel cell power systems, and hydrogen-related equipment leveraging core compressor and refrigeration technology for hydrogen energy applications.
4. Waste Heat Recovery Power Generation Systems: ORC and WST series power generation equipment for industrial waste heat recovery, providing energy-efficient solutions for various industrial applications.
5. After-Sales Service and Technical Support: After-sales service including maintenance, spare parts, and technical support services through service hotline (4001096660) and regional service networks.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Fujian Snowman manufactures and sells industrial and commercial refrigeration equipment, compressors (screw, reciprocating, centrifugal), ice-making systems, and complete cold chain solutions under the SRMTEC, RefComp, and SNOWKEY brands. The company produces complete refrigeration units, magnetic levitation centrifugal chillers, waste heat recovery power plants (ORC and WST series), hydrogen fuel cell air supply systems, high-temperature heat pumps, and pressure vessels for industrial, infrastructure, cold chain, clean energy, and hydrogen applications.

Product overview

Fujian Snowman Group is a comprehensive industrial refrigeration and compression equipment manufacturer offering a broad portfolio of products organized into several core categories. The company operates primarily as a hardware/systems manufacturer producing compressors (screw, piston, and centrifugal types under SRMTEC and RefComp brands), ice production systems (flake, tube, plate, block, and slurry ice machines under Snowkey brand), and integrated refrigeration units. The product line includes complete compressor packages, magnetic levitation centrifugal chillers, heat pump systems, waste heat recovery power generation systems (ORC and WST expander systems), and hydrogen fuel cell air supply systems. Additional offerings encompass pressure vessels, heat exchangers, ice storage and delivery systems, and turnkey ice plant solutions. The company holds international brands from Sweden (SRM, OPOCON, Autorotor), Italy (RefComp), and the USA (Concepts NREC) to provide comprehensive solutions across industrial refrigeration, commercial refrigeration, hydrogen energy, and power generation applications. Solutions are organized around four main business segments: cold chain logistics, industrial refrigeration, clean energy (heat pumps and waste heat recovery), and hydrogen power systems.

Differentiator

Problem solved

Functional benefit

Brands

• SRMTEC: Swedish-origin brand for industrial screw compressor technology and refrigeration systems
• RefComp
• SNOWKEY
• OPCon
• OES
• autorotor
• Powerbox
• Concepts NREC

Products and services

• Industrial Screw Compressors (SRMTEC-SRM, SRS, SRH Series)

Quantifiable outcome

• Over 1,500 concrete cooling systems deployed globally in projects including Saudi Arabia North-South Railway, Mecca Light Rail, Doha New Port, and multiple Chinese nuclear power plants
• +5 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Kashgar Vocational and Technical College (喀什职院)coreStrategic or Co-development Partner · 1 July 2026Snowman Group and Kashgar Vocational and Technical College established a Silk Road Cold Chain Talent Training Base, leveraging Kashgar's position as a key western gateway city in China bordering Pakistan and Central Asian countries. The partnership addresses the strategic importance of cross-border trade and cold chain logistics in the region.
• United Nations Environment Programme (UNEP)coreStrategic or Co-development Partner · 1 March 2026Snowman Group hosted UNEP-organized training on refrigerant alternatives and good operational practices for refrigeration and freezing equipment. The program was supervised by the Foreign Environmental Cooperation Center (FECO) of China's Ministry of Ecology and Environment, organized by the Chinese Association of Refrigeration (CAR), and is the only UNEP-designated program of its kind in the Asia-Pacific region.
• Concepts NREC (USA)coreTechnology or Integration · 1 January 2026Snowman Group holds an equity stake in US-based Concepts NREC, a globally leading turbomachinery专业技术公司. This partnership provides access to advanced centrifugal compressor and magnetic levitation turbomachinery technology, enabling Snowman to develop oil-free centrifugal compressors and expand into high-end turbomachinery markets.
• Swedish SRM Company (Svenska Rotor Maskiner AB)coreTechnology or Integration · 1 January 2026Snowman holds an equity interest in Swedish SRM Company (Svenska Rotor Maskiner AB), the originator and world leader in screw compressor technology. This partnership provides the foundational technology for Snowman's screw compressor business including the SRM, SRMTEC, and SRMtec brands.
• Fujian Opcon Energy Technology Co., Ltd.coreTechnology or Integration · 1 January 2026Joint-stock company specializing in screw expander generator technology (OPCON brand), waste heat recovery power generation, heat pump units, and hot water/heating systems. This is a key joint venture for Snowman's waste heat recovery and renewable energy business.
• Hangzhou Longhua Environment Integration System Co., Ltd.minorImplementation/ SI/ Consulting Partner · 1 January 2026Technology and system integration partner for environmental and energy systems, complementing Snowman's refrigeration and energy equipment with integrated system solutions.
• Sichuan Jade Oil & Gas Technology Service Co., Ltd.minorImplementation/ SI/ Consulting Partner · 1 January 2026Field service and maintenance partner providing on-site engineering services. Successfully completed 135 critical maintenance tasks under extreme conditions at Maysan oilfield in Iraq (near 60°C temperatures), demonstrating strong operational capabilities in challenging environments.
• Beijing Snowman Sino Hydrogen New Energy Technology Co., Ltd.coreTechnology or Integration · 1 January 2026Joint venture focused on hydrogen energy technology development and applications, leveraging Snowman's core compressor and refrigeration technology for hydrogen fuel cell systems and hydrogen energy equipment.
• PT. Snowman Mandiri IndonesiaminorChannel Partner/ Reseller/ Distributor · 1 January 2026Indonesian subsidiary serving as the company's distribution and service hub for the Southeast Asian market, handling local sales and support for refrigeration and ice-making equipment.
• Chinese Association of Refrigeration (CAR)coreStrategic or Co-development Partner · 1 January 2026Co-organized the UNEP-designated training program on refrigerant alternatives and good practices for refrigeration equipment. CAR is China's leading refrigeration industry association and an important partner for Snowman's industry leadership and standards development activities.
• Australia Green Ammonia Project PartnersminorStrategic or Co-development Partner · 1 September 2025Snowman refrigeration equipment was deployed in a landmark green ammonia commercialization project in Australia. Australia's 2035 emission reduction target of 62%-70% below 2005 levels and the establishment of a 5 billion AUD 'Net Zero Emissions Fund' created demand for green ammonia solutions where Snowman's equipment plays a key role.
• RefComp Distributor Network Partners (China)coreChannel Partner/ Reseller/ Distributor · 1 January 2025RefComp operates a formal distributor authorization program covering all major regions in China. The 2025 RefComp Distributor Conference in Sanya brought together partners from across China. Awards include Regional Outstanding Distributor Awards and 'Ten-Year Companion' awards for long-standing partners.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Frascold: Italian maker of semi-hermetic screw and piston compressors for commercial and industrial refrigeration. Direct Italian-origin competitor to RefComp brand products in CO2 and traditional refrigerant applications.
• Mayekawa: Japanese industrial refrigeration specialist with strong screw compressor and ammonia refrigeration systems business, plus meat/food processing expertise. Comparable to Snowman in industrial process cooling and ammonia-based refrigeration installations.
• Bitzer: German global leader in refrigeration compressors (screw, piston, scroll) for commercial and industrial applications. Direct competitor to Snowman's SRM and RefComp compressor lines across HVAC, cold chain, and process refrigeration.
• Dorin: Italian compressor manufacturer specializing in semi-hermetic and hermetic reciprocating compressors for commercial refrigeration. Direct competitor to Snowman's RefComp piston compressor line in CO2 and HFC refrigeration markets.

Broad incumbents

• Danfoss: Danish multinational with extensive refrigeration and HVAC compressor portfolio (formerly including Copeland Scroll). Overlaps Snowman across commercial compressors, industrial controls, and cold chain solutions with a much broader product range and global service network.
• Carrier Refrigeration: US-based HVAC and refrigeration major with strong commercial refrigeration, container refrigeration, and cold chain presence. Competes with Snowman's SNOWKEY ice-making and refrigeration systems across commercial and industrial applications.
• GEA Group: German industrial equipment major with significant refrigeration and heat pump business serving food processing, cold chain, and industrial customers. Competes with Snowman in industrial refrigeration systems and compressor packages.
• Johnson Controls (Hitachi): Global HVAC and building technologies player, with Hitachi partnership providing industrial chiller and centrifugal compressor capabilities. Competes in large centrifugal chillers overlapping with Snowman's SCM/SMP magnetic levitation centrifugal products.
• Emerson (Copeland): US industrial conglomerate whose Copeland compressor brand dominates global scroll and semi-hermetic compressor markets. Competes with Snowman's RefComp and SRM commercial compressor lines across HVAC and refrigeration OEMs.

Regional players

• Star Refrigeration: UK-based industrial refrigeration and heat pump specialist focused on natural refrigerant (CO2, ammonia) systems. Comparable technology positioning to Snowman in low-GWP refrigeration, primarily serving European industrial customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/snowmangroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fujian Snowman