An air conditioning heat pump system using an ejector may include a compression assembly, an outdoor heat exchanger, an indoor heat exchanger, an ejector, and a first to third electromagnetic valve and a controller. A first end of the compression assembly may be connected with the one end of the outdoor heat exchanger, a second end may be connected with one end of the indoor heat exchanger, a third end may connected with outlet end of the ejector, and a fourth end may be connected with another end of the outdoor heat exchanger. One end of the outdoor heat exchanger may also be connected with a jet inlet of the ejector through the first electromagnetic valve, and another end may also be connected with the jet inlet of the ejector through the second electromagnetic valve and the third electromagnetic valve.