Gree Electric Appliances, Inc. of Zhuhai

Gree Electric Appliances, Inc. of Zhuhai is a diversified international industrial group, whose business covers residential air conditioners, central air conditioners, intelligent equipments, home appliances, air source water heaters, smart phones, refrigerators, etc. Gree was founded in 1991. It takes “Independent Innovation” as the development concept and “To build a centenary enterprise” as the business goal. It is highly reputable both at home and abroad for its advanced technologies, strict quality control, unique sales mode and complete after-sales service. The company has its headquarters in Zhuhai, a beautiful coastal city in the south of China, with over 80,000 employees. Gree has established 11 production bases around the world, 9 are located in China, with another 2 in Brazil and Pakistan. Moreover, it has 5 bases of renewable resources in Changsha, Zhengzhou, Shijiazhuang, Wuhu and Tianjing, and 6 subsidiary companies (Lamda Compressor Co. Ltd., Gree Electrical Co. Ltd., Kaibang Motor Manufacture Co., Ltd., Xinyuan Electronics Co., Ltd， Intelligent Equipment Co., Ltd and Precision Mould Co. Ltd), covering the entire supply chain from production of core parts and components to the recovery of waste products. Gree has developed 24 “world leading” technologies. Gree products are classified into 20 categories, 400 series, and over 12700 models, with 36,949 technology patents, including 15,253 invention patents. They are sold widely in more than 160 countries and regions, to more than 300 million users all across the world. Since 2005, Gree has topped No.1 in production and sales volume of residential air conditioners for 13 consecutive years. In 2006, it was awarded “World Brand”. Gree achieved sales revenue of 150.02 billion yuan in 2017, with net profit of 22.402 billion yuan and tax payment of 14.939 billion yuan.In 2018， Gree ranked No. 294 on the list of “ForesGlobal 2000 Public Companies”.