Latest news with #GMCC

Barnama
4 days ago
- Business
- Barnama
Influencer Teardowns Highlight Midea's Role In Global AC Supply Chain
BUSINESS KUALA LUMPUR, June 6 (Bernama) -- Chinese company Midea, the world's largest producer of residential inverter air conditioners (ACs), has drawn attention to its self-developed inverter compressor following teardown reviews of ACs by influencers in Malaysia and Thailand, which have sparked widespread discussion. Many viewers were surprised to discover that top Japanese brands like Panasonic and Daikin use Guangdong Meizhi Compressor Company (GMCC) compressors—a core component manufactured by Midea. Malaysian tech DIYer Berani Buat disassembled units from both brands, uncovering the GMCC label and surprising viewers who expected Japanese-made core components, while Thai influencers including Daddy Tips, Lungchang, BT Beartai, and Extreme IT echoed similar findings, showcasing how the GMCC compressor plays a central role in cooling performance. In a statement, Midea said these reviews challenge perceptions of brand origin and highlight its role not just as a supplier but as a global innovator in air conditioning, quietly powering ACs with cutting-edge compressor technology. Often referred to as the 'heart' of an AC, the compressor is the most critical component in an air conditioning system, directly influencing cooling efficiency and energy consumption, whereby inverter technology optimises the compressor's speed according to room temperature fluctuations. Midea's self-developed inverter compressor delivers up to 50 per cent energy savings over traditional models and 20 per cent over standard inverters, and its artificial intelligence algorithm analyses indoor temperatures to reduce fluctuations, boosting comfort and efficiency. Furthermore, Midea's advanced compressor and inverter technology deliver strong cooling, quiet performance, and energy efficiency ideal for Southeast Asia's hot climate, as Midea ACs feature Prime Guard with seven key protections, designed for regional challenges. The company's technological leadership has gained global recognition, serving over 400 million users in 200 countries. It has exported 8.3 million inverter ACs to Southeast Asia in 2022, hence contributing significantly to regional growth. -- BERNAMA


Barnama
4 days ago
- Automotive
- Barnama
Midea Compressor Recognized: KOLs' Teardown Videos Expose Aircons' Core Component
KUALA LUMPUR, Malaysia, June 6 (Bernama) -- Recently, influencers from Thailand and Malaysia shared teardown reviews of air conditioners, sparking widespread discussion. Many were surprised to learn that top Japanese brands like Panasonic and Daikin use 'GMCC' compressors—manufactured by Midea, the world's No.1 residential inverter AC company. Malaysian Tech DIYer Berani Buat disassembled Daikin and Panasonic units and found the GMCC label inside. His video drew attention, with viewers surprised by a Chinese-made core part in a Japanese-branded product. Meanwhile, Thai creators like Daddy Tips , Lungchang, BT Beartai and Extreme IT also shared similar findings and demonstrated how the core compressor helps AC to cool down. These reviews challenge perceptions of brand origin and highlight Midea's role not just as a supplier, but as a global innovator in air conditioning—quietly powering ACs with cutting-edge compressor technology.


Business Upturn
14-05-2025
- Business
- Business Upturn
GMCC Launches Flushing Mortgage Broker Service in New York with New Branch Opening
New York, May 14, 2025 (GLOBE NEWSWIRE) — New York, New York – General Mortgage Capital Corporation (GMCC) has opened a new location offering Mortgage Broker Service in Flushing, New York. The expansion allows the company to serve even more people in the community, fulfilling residential and commercial mortgage needs. The Flushing branch's strategic position highlights GMCC's dedication to offering personalized service. The company's website, provides detailed insights into helping clients understand the full extent of GMCC's services. At the General Mortgage Capital Corporation Flushing Branch, clients will find a range of mortgage products designed to fit every unique and individual financial situation. The branch focuses on guiding current and future homeowners through the complex process of securing a mortgage. Customers can look forward to an easier process and up-to-date mortgage solutions aimed at making borrowing stress-free. James Jin, the CEO for General Mortgage Capital Corporation shared his excitement on the new opening, saying, 'General Mortgage Capital Corporation provides competitive mortgage loan programs nationwide, with fast and efficient processing to help homebuyers close with speed and confidence. This expansion shows GMCC's dedication to growth and keeping customers happy.' The opening of the Flushing Branch adds to the already wide network of GMCC Branch Locations. These locations ensure that customers can easily reach mortgage services and enjoy personal contact with mortgage professionals. Whether one is buying a home for the first time or is an experienced investor, GMCC is ready to help with a full range of financial products. One notable offering at the Flushing Branch is the GMCC Buy Without Sell Mortgage Program. This program is especially helpful for people who want to buy a new home before selling their current one they reside in. It provides the benefit of purchasing a new property without the rush to sell the existing one, enabling better financial planning and reducing stress of selling the current primary home fast. The Flushing Branch is equipped with a team of knowledgeable professionals eager to provide expert advice so that clients can choose mortgage options that align with their long-term goals. The opening of this branch is expected to bolster the company's market presence, ensuring fast service and continued customer satisfaction. As General Mortgage Capital Corporation keeps growing with each new branch opening it will continue to strengthen its reputation as a top mortgage provider. Their strategic growth aligns with plans for sustainable expansion and to increase customer outreach. Branches like the new one in Flushing are part of a larger strategy to blend customer service with innovative financial solutions. This expansion opens opportunities to assist an untapped demographic in Flushing with its diverse mortgage products. The focus is not just on transactions but on making the mortgage process fast and seamless for customers. It is vital that every client receives advice tailored to their financial goals. As General Mortgage Capital Corporation extends its reach through the new Flushing Branch, it stays committed to high-quality service across all GMCC Branch Locations. Programs such as the GMCC Buy Without Sell Mortgage Program highlight its focus on addressing today's financial needs with adaptable solutions. Now opened to the public, the GMCC Flushing Branch aims to build stronger community relationships and provide enhanced services that meet the diverse needs of area residents and businesses. This new branch represents a commitment to effective mortgage management and advisory services, reinforcing the company's dedication to its customers. ### For more information about General Mortgage Capital Corporation – Flushing Branch, contact the company here: General Mortgage Capital Corporation – Flushing BranchJames Jin [email protected] 136-20 38th Ave, Ste 11Hm Flushing, NY 11354
Yahoo
14-05-2025
- Business
- Yahoo
GMCC Launches Flushing Mortgage Broker Service in New York with New Branch Opening
New York, May 14, 2025 (GLOBE NEWSWIRE) -- New York, New York - General Mortgage Capital Corporation (GMCC) has opened a new location offering Mortgage Broker Service in Flushing, New York. The expansion allows the company to serve even more people in the community, fulfilling residential and commercial mortgage needs. The Flushing branch's strategic position highlights GMCC's dedication to offering personalized service. The company's website, provides detailed insights into helping clients understand the full extent of GMCC's services. At the General Mortgage Capital Corporation Flushing Branch, clients will find a range of mortgage products designed to fit every unique and individual financial situation. The branch focuses on guiding current and future homeowners through the complex process of securing a mortgage. Customers can look forward to an easier process and up-to-date mortgage solutions aimed at making borrowing stress-free. James Jin, the CEO for General Mortgage Capital Corporation shared his excitement on the new opening, saying, "General Mortgage Capital Corporation provides competitive mortgage loan programs nationwide, with fast and efficient processing to help homebuyers close with speed and confidence. This expansion shows GMCC's dedication to growth and keeping customers happy." The opening of the Flushing Branch adds to the already wide network of GMCC Branch Locations. These locations ensure that customers can easily reach mortgage services and enjoy personal contact with mortgage professionals. Whether one is buying a home for the first time or is an experienced investor, GMCC is ready to help with a full range of financial products. One notable offering at the Flushing Branch is the GMCC Buy Without Sell Mortgage Program. This program is especially helpful for people who want to buy a new home before selling their current one they reside in. It provides the benefit of purchasing a new property without the rush to sell the existing one, enabling better financial planning and reducing stress of selling the current primary home fast. The Flushing Branch is equipped with a team of knowledgeable professionals eager to provide expert advice so that clients can choose mortgage options that align with their long-term goals. The opening of this branch is expected to bolster the company's market presence, ensuring fast service and continued customer satisfaction. As General Mortgage Capital Corporation keeps growing with each new branch opening it will continue to strengthen its reputation as a top mortgage provider. Their strategic growth aligns with plans for sustainable expansion and to increase customer outreach. Branches like the new one in Flushing are part of a larger strategy to blend customer service with innovative financial solutions. This expansion opens opportunities to assist an untapped demographic in Flushing with its diverse mortgage products. The focus is not just on transactions but on making the mortgage process fast and seamless for customers. It is vital that every client receives advice tailored to their financial goals. As General Mortgage Capital Corporation extends its reach through the new Flushing Branch, it stays committed to high-quality service across all GMCC Branch Locations. Programs such as the GMCC Buy Without Sell Mortgage Program highlight its focus on addressing today's financial needs with adaptable solutions. Now opened to the public, the GMCC Flushing Branch aims to build stronger community relationships and provide enhanced services that meet the diverse needs of area residents and businesses. This new branch represents a commitment to effective mortgage management and advisory services, reinforcing the company's dedication to its customers. ### For more information about General Mortgage Capital Corporation - Flushing Branch, contact the company here:General Mortgage Capital Corporation - Flushing BranchJames Jininfo@ 38th Ave, Ste 11HmFlushing, NY 11354 CONTACT: James JinError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Associated Press
11-03-2025
- Business
- Associated Press
Your Trusted Partner in Mortgages: General Mortgage Capital Corporation Leads the Industry with Honesty and Integrity
Burlingame, CA – General Mortgage Capital Corporation (GMCC), a trusted direct mortgage lender headquartered in California, is leading the way in providing innovative and accessible home financing solutions. With a nationwide presence, GMCC brand locations are in 30 locations across 18 states. At GMCC, our MLOs deliver a straightforward, transparent mortgage process tailored to meet the diverse needs of every client. Guided by a commitment to honesty, humility, integrity, and service, General Mortgage Capital Corporation is redefining the mortgage experience for buyers, investors, and real estate professionals. 'General Mortgage Capital Corporation is an ideal choice for your mortgage with a variety of incredible loan programs,' states James Jin, a spokesperson for the company. General Mortgage Capital Corporation offers an extensive portfolio of loan programs designed to meet the unique needs of homebuyers, investors, and foreign buyers. These programs include conventional agency mortgages, prime jumbo loans, non-QM mortgages, FHA, VA loans, construction loans, and even down payment assistance loans. These include specialized solutions, such as debt-service-coverage-ratio (DSCR) rental income programs across 49 states, zero-down payment opportunities for certain qualified clients, and flexible options for self-employed individuals. In addition, GMCC offers asset-based lending options while providing tailored financial strategies for a wide range of clients. GMCC executes in-house underwriting, document processing, and funding capabilities for loans up to $10 million. General Mortgage Capital Corporation ensures fast and efficient turnaround times that any client can appreciate. By sponsoring 654 licensed loan officers, the tools are there to guide clients through the process, offering expert advice and personalized solutions to help achieve financial goals. General Mortgage Capital Corporation places clients at the heart of its operations by focusing on building long-term relationships founded on trust and clear communication. The company's customer-first philosophy is reflected in its broad range of loan programs and flexible solutions that address the diverse needs of homebuyers, investors, and real estate professionals alike. General Mortgage Capital Corporation's commitment to service excellence is also demonstrated through its fast-track loan options, special mortgage programs, and in-house support, thus ensuring clients can secure financing with minimal delays. At the core of General Mortgage Capital Corporation's success is an unwavering commitment to honesty, integrity, and transparency in every interaction. The company prioritizes clear, straightforward communication, ensuring that each client fully understands every step of the mortgage process. Whether providing sound financial advice, explaining complex loan options, or offering useful resources, General Mortgage Capital Corporation fosters an environment of trust that allows clients to make informed decisions. This dedication to transparency ensures that clients feel confident in their mortgage journey, knowing they are receiving the best possible guidance and support. General Mortgage Capital Corporation invites prospective homebuyers, investors, and real estate professionals to explore its wide range of loan programs, innovative tools, and personalized solutions. Learn more or apply today by visiting the website, and take the first step toward building a solid financial foundation. About General Mortgage Capital Corporation General Mortgage Capital Corporation is a mortgage lender headquartered in Burlingame, California, with a nationwide presence spanning 30 locations across 18 states. Specializing in a wide range of loan programs, General Mortgage Capital Corporation provides tailored mortgage solutions for homebuyers, investors, and foreign buyers. With in-house underwriting staff, document processing, and funding capabilities for loans up to $10 million, GMCC ensures fast, efficient service. More Information To learn more about General Mortgage Capital Corporation and its mortgage solutions and loans, please visit the website at All programs are subject to change and underwriting approval; this does not represent any credit decision. Some programs are subject to census tract and income limits and are only available in certain counties/states. CA DRE 01509029 | NMLS# 254895 | Equal Housing Lender Legal Disclaimer: