Gree Electric Appliances Inc of Zhuhai
Company Profile
Business description
Gree Electric Appliances is one of the largest heating, ventilating, and air conditioning, or HVAC, product manufacturers in China, with key products such as residential and commercial air conditioners. Gree generates over 80% of sales domestically and is backed by China’s Zhuhai local government. Air conditioners remain the biggest contributor to Gree’s earnings, with an over 70% representation over the years. The company has also made forays into industrial component parts, photovoltaic equipment, new energy vehicles, and battery production. As of March 2024, Chairwoman Dong Mingzhu and privately owned investment entity Zhuhai Mingjun collectively held 17% of its total equity interest, while state-owned Zhuhai Gree Group owned 3.4%.
Contact
Jinji West Road
Qianshan
Guangdong Province
Zhuhai519070
CHNT: +86 7568614883
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Furnishings, Fixtures & Appliances
Fiscal Year End
31 December 2025
Employees
72,610
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