Gree Electric Appliances, Inc. of Zhuhai, founded in 1991, has become the world’s largest specialized air conditioner company integrating R&D, manufacture, sales and service. In 2008, our annual sales revenue reached 42.032 billion CNY, while the net profit stood at 1.967 billion CNY. We are one of the “Top 100 Chinese Listed Companies” ranked by Fortune for consecutive eight years.
Gree brand air conditioners produced by Gree Electric Appliances are the unique air conditioning brand that ranked “World Brand” by General Administration of Quality Supervision, Inspection and Quarantine in China. Today, Gree brand products are distributed to 100 countries and regions in the world. Since 1995, Gree‘s sales volume and market share have been No.1 in Chinese air conditioner industry for consecutive 14 years; since 2005, our sales volume of residential air conditioner has occupied global No.1 for consecutive four years. Till 2008, we have had 88 million users all over the world.
As a specialized air conditioner manufacturer, Gree is presenting advanced and high quality air conditioning products to global consumers. We are now possessing six manufacture bases respectively in Zhuhai (headquarters), Chongqing, Hefei, Brazil, Pakistan and Vietnam as well, with totally more than 40,000 employees. We had worked out both residential air conditioners and commercial air conditioners of 20 varieties, 400 series, and 7,000 models to satisfy different demands by different consumers. We are possessing nearly 2,000 technical patents. The GMV digital VRF system, centrifugal type water chiller and sine wave D.C. inverter driven air conditioner filled the absence in production of high-tech products among Chinese enterprises, and broke the technological monopoly by American and Japanese giants in the field. Being the model that develops from “made-in-China” enterprise to “created-in-China” one, Gree had gained wide reputation in the international industry.
“An enterprise without innovation is one without soul; the enterprise without core technology is one without backbone; when one has no backbone, he can never stand up.” Looking forward to the future, Gree will still insist on the development of “independent development, independent innovation, and original brand development”, and aim to create an international leading air conditioner enterprise and a long-lived world-class brand. To produce more created-in-China products, we are ready to contribute more.
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