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GREE

Gree Electric Appliances Inc. of Zhuhai was founded in 1991. It is an international air conditioning enterprise which has integrated R&D, manufacturing, marketing and service. It takes “Master of Core Technology” as the business concept and “To build a centenary enterprise” as the development target. It is leading the industry with its excellent product quality, advanced technologies and unique sales mode.

In 2012, Gree became the first listed electrical appliances enterprise in China with sales revenue over 100 billion yuan (about 16 billion USD). On April 27, 2015, Gree released its 2014 performance report, which shows that it has achieved sales revenue of 140.005 billion yuan (about 22.9 billion USD) in 2014 with net profit of 14.155 billion yuan (about 2.32 billion USD), an increase of 16.63% and 30.22% respectively compared with the same period of 2013. In 2014, Gree Online Mall was launched officially. Gree is the only one manufacturer in Chinese HVAC industry that is honored as a “World Brand”. Its business spreads to more than 160 countries and regions. Today Gree’s annual production capacity of RAC and CAC are more than 60 million sets and 5.5 million sets respectively. Since 2005, Gree has topped No.1 in production and sales volume for 10 consecutive years, with over 300 million users all across the world. In May 2015, Gree entered into the world’s top 500 public companies, ranking No. 385 in Forbes Global 2000 and No. 1 in household appliances industry section.

Gree is committed to providing global users with high-tech and high quality products. Nowadays, Gree has 9 production bases around the world, 7 are located in China, another 2 in Brazil and Pakistan, with more than 70,000 employees.

Gree has won the bidding for many international projects, including 2008 Beijing Olympic Games, “2010 FIFA World Cup” in South Africa, 2010 Asian Games in Guangzhou and 2014 Winter Olympic Games in Sochi, Russia, which have significantly improved Gree brand awareness throughout the world, leading the revolution from “Made in China” to “Created in China”. Action makes future and innovation makes achievement. Looking forward, Gree will firmly persist in the business philosophy of passion, innovation and realization. We aim to build a century’s standing air conditioning enterprise, to create a better life for human beings.

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