Who will win the 100,000 US dollars? The Embraco Innovation Competition results are announced

On the afternoon of April 12th, the award ceremony of the 2011 Embraco Innovation Competition came to an end at the New China International Exhibition Center in Beijing. As the first global innovation competition of the Embraco Group, the 2011 Embraco Innovation Competition attracted the participation of more than 100 students and teachers from Chinese universities, as well as professionals from industry research institutions and enterprises, and a total of 59 works were collected. Wang Luyi, a contestant from Xi'an Zhengan Environmental Technology Co., Ltd. (Xi'an Branch of Shenzhen Zhong'an Power Technology Co., Ltd.), won the innovation grand prize of $100,000 with his spherical compressor. This amount of bonus is also one of the highest in global innovation awards to date.

Embraco awards the first prize winner a $100,000 bonus.

The first Embraco Innovation Contest was launched in June 2011, with the theme of "Improving Refrigeration Energy Efficiency", soliciting innovative refrigeration solutions. "Embraco's global reputation is built on continuous innovation and advanced technology. Through the platform of the Embraco Innovation Contest, we hope to discover more innovative refrigeration solutions and industry talents." said Joao Carlos Bracco, President of Embraco Global. "The Chinese government and industrial sectors are striving to raise new energy efficiency standards and product energy efficiency to meet the urgent need for energy conservation. Improving energy efficiency is one of the main goals of China's 12th Five-Year Plan. As an industry-leading company, Embraco regards the production of high-energy-efficiency compressors as an unshirkable responsibility. The 2011 Embraco Innovation Contest was mainly targeted at universities, providing a favorable platform for discovering innovative high-energy-efficiency solutions and outstanding talents." Embraco has always regarded "innovation" as a key word in the company's historical development. It is one of Embraco's values that encourages employees to break through limitations and give full play to their creativity. This value recognition also enables Embraco to maintain its commitment to high-quality products.

Wang Luyi, the first prize winner of the contest, said: "The Embraco Innovation Contest provides us with a very good innovation platform. Of course, the high bonus is also an effective incentive factor. The Embraco Innovation Contest attaches great importance to the energy efficiency improvement and practical value of the works. I believe there will be more cooperation opportunities with Embraco in the future." The Embraco Innovation Contest not only encourages participants to develop innovative solutions, but also helps them discover the application value of their works. In addition, the top 15 winning students will also get the opportunity to intern at Embraco.

"Providing the most advanced refrigeration solutions to customers and end consumers is our motivation. This is due to Embraco's technical planning for product business. Our knowledge is closely combined with external cooperation. Most importantly, we have the support of excellent educational institutions in the field of technology research and development." said Marcio Todescat, the main judge of the Embraco Innovation Contest and Vice President of Embraco R & D.

Following the award ceremony of the 2011 Embraco Innovation Contest, the Embraco Innovation Contest with the theme of "INnO-Future" jointly launched by Embraco and the Chinese Association of Refrigeration was immediately launched. Embraco combined the theme content with the exponential symbol, expressing its hope for innovators to "continue to innovate and surpass the future". This year's contest focuses on "refrigeration innovation", soliciting technical innovation solutions and market application and promotion solutions for micro-compressors. Through cooperation with the Chinese Association of Refrigeration, Embraco hopes to call on more refrigeration professionals across the country to participate in the contest, and through open innovation cooperation, promote more high-quality innovation achievements with sustainable development significance to the global market.

Jin Jiawei, Secretary-General of the Chinese Association of Refrigeration, the co-organizer of the Embraco Innovation Contest, said: "The successful holding of the Embraco Innovation Contest in China reflects Embraco's determination to adhere to sustainable development through innovation in China as a global leading enterprise in the refrigeration industry. Both the Chinese government and enterprises strive for sustainable development. We believe that activities like the Embraco Innovation Contest will help us achieve this goal. We hope to jointly promote the continuous development of this event in China with Embraco, and sincerely hope that more refrigeration technology talents can create the most brilliant innovative achievements on this stage, surpass themselves and the future."