Gree Electric

Gree Electric Appliances, Inc. of Zhuhai is a diversified multinational industrial organization whose products include refrigerators, air-source water heaters, smart phones, central air conditioners, intelligent equipment, home appliances, and residential air conditioners.

In 1991, Gree was formed. It adopts "Independent Innovation" as its development idea and "Building a Centennial Enterprise" as its corporate objective. For its cutting-edge technologies, stringent quality control, distinctive sales approach, and comprehensive after-sales service, it enjoys a high level of credibility both domestically and internationally.

With more than 80,000 employees, the business is headquartered in Zhuhai, a stunning seaside city in the south of China. Gree has developed 11 production bases worldwide, with nine of them in China and the other two in Pakistan and Brazil. Moreover, it has five bases of renewable resources in Changsha, Zhengzhou, Shijiazhuang, Wuhu, and Tianjing, and six 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.

The 24 "world-leading" technologies that Gree has created With 36,949 technical patents, including 15,253 invention patents, Gree goods are categorized into 20 categories, 400 series, and over 12700 types. They are widely distributed to more than 300 million consumers worldwide in more than 160 nations and regions.

For 13 years running, Gree has ranked first in the manufacture and sales of household air conditioners since 2005. It received the title of "World Brand" in 2006. With a sales volume of 150.02 billion yuan, a net profit of 22.402 billion yuan, and tax payments of 14.939 billion yuan in 2017, Gree achieved a successful financial year. Gree was placed No. 294 in 2018 on the Forbes Global 2000 list of public companies.