GREE Electric Appliances Inc. of Zhuhai is an international air conditioning enterprise which has integrated R&D, manufacturing, marketing and service. So far, it has developed three brands, namely GREE, TOSOT and KINGHOME, with a wide product range which includes residential air conditioners, central air conditioners, air source water heaters, smart phones, home appliances, refrigerators, etc. In 2015, GREE ranks No. 385 in Forbes Global 2000 and No. 1 in household appliances industry.
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 south of China. GREE has established 10 production bases around the world, 7 are located in China, another 2 in Brazil and Pakistan. Moreover, it has 5 bases of renewable resources in Changsha, Zhengzhou, Shijiazhuang, Wuhu and Tianjing, and 5 subsidiary companies (Lamda Compressor Co. Ltd., GREE Electrical Co. Ltd., Kaibang Motor Manufacture Co., Ltd., Xinyuan Electronics Co., Ltd and Intelligent Equipment Co., Ltd), covering the entire supply chain from production of core parts and components to the recovery of waste products.
Now GREE is authorized to establish “State Key Laboratory of Green Air-conditioning Equipment and System”, “National Engineering Research Center of Green Refrigeration Equipment” and “National Recognized Enterprise Technology Center”, one national industry design center, and Air Conditioning Institute, Motor Technology Institute, Intelligent Equipment Technology Institute, New Energy and Environment Technology Institute, Health Technology Institute and Communication Technology Institute have been established, 52 research institutions and 632 advanced laboratories. GREE has developed 13 “world leading” technologies: ultra-low temperature digital VRF, high-efficiency centrifugal chiller, 1Hz low-frequency control technology, research and application of inverter air conditioner key technologies, super high-efficiency fix-speed compressor, R290 environment-friendly air conditioner, multi-functional floor heating type central air conditioner, permanent synchronous inverter centrifugal chiller, rare earth free magnetic resistance inverter compressor, 2-stage inverter compressor, PV direct-driven inverter centrifugal chiller and magnetic suspension inverter centrifugal cooling compressor and chiller，High-efficiency Permanent-magnet Synchronous Inverter Centrifugal Ice-storage Chiller.
GREE products are classified into 20 categories, 400 series, and over 12700 models, with more than 22,597 technology patents, including 8,310 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 11 consecutive years. In 2006, it was awarded “World Brand”. In 2015, GREE achieved sales revenue of $15.1 billion USD, with net profit of $1.9 billion USD.