Established in March 1985, Zhuhai Gree Group Co., Ltd. has new grown into the largest and most powerful state-owned leading enterprise in Zhuhai with a credit rating of AAA. It laid a strategic industrial layout of “one core and four pillars” covering manufacturing, financial investment, construction investment, construction and installation, and island tourism.

With accurate understanding of the market and accurate prediction of future trends, Gree Group has completed the transformation into an international company with over 3 decades’ effort. Its core manufacturing company, Gree Electric Appliances, a well-known brand in the country, boasts its residential air conditioner production and sales volume that has been leading the world for 13 consecutive years. Its products sold in more than 160 countries and regions, the company won the title of “World Famous Brand” in 2006 and has ranked first in tax payment of the household appliances industry in China for 16 consecutive years. 

Among the four pillar industries, the financial investment and construction investment sectors have been developing rapidly since their formation. The former has obtained professional qualifications for financing guarantees, private equity fund managers, and so on, and has carried out a number of large-scale industrial investment and fund investment businesses. The latter has undertaken a number of quality projects in urban construction, municipal infrastructure, public service facilities, and project development, construction and operation with a total investment over 20 billion yuan. The historic and experienced construction and installation section of Gree Group is represented by Jianan Group, the only state-owned grade A building construction contractor in the city with a number of grade A engineering general contracting qualifications. 

The island tourism sector has thrived and now it has opened two five-star hotels in Nanshazui and Nansha Bay in Dong'ao Island - the Gree Dong’ao Hotel. It plans offshore island tourism in the future to boost the tourism industry in the city and offers a new experience of international island tourism vacation.

Growing from a simple home appliance manufacturing enterprise to a multi-industry large-scale state-owned enterprise group with an asset size of over 200 billion yuan, Gree has steadfastly advanced forward by focusing on the long-term, and taking cautious steps in every move. When the reform and innovation genes are deeply integrated into the corporate fabric, it is not only the group’s overall competitiveness that is activated, but also reinvigoration of the smart manufacturing highland. 

Based on the local market and going global, Gree Group will actively bring into play its multiple business advantages, rely on its technical strength and sensibility of leading the era, continue to promote development of future business, and comprehensively improve Gree's ability to spread and compete on the international market and become a global company that people like and trust.