Macau Gree Electrical Appliance Co., Ltd.

Gree Electric Appliances, Inc. of Zhuhai is the largest specialized air conditioner enterprise that contains R&D, manufacture, sales and service in present China and even the world.

In more than 10 years�¢?? rapid development, Gree achieved a lot. From a small nameless window air conditioner factory with annual production lower than 20,000 units, to now a famous multinational enterprise with 4 manufacture bases in Zhuhai, Chongqing, Hefei and Brazil, with totally nearly 30,000 employees, annual production of household AC exceeds 15 million units with annual production value of commercial AC CNY 5 billion (about USD 645 million). Since 1995, Gree had sold more than 50 million AC units totally with sales income nearly CNY 100 billion (about USD 12.9 billion). In 2005, the sales volume of household AC had exceeded 10 million units. The sales income in 2006 CNY 23.7 billion (about USD 3.06 billion) and sales volume of RAC exceeding 10 million units since 2005 had made Gree the global sales No. 1 for consecutive two years.



Meanwhile, Gree is also harvested fruitfully on innovation on technology, managing, and marketing.



Technological innovation: Gree has developed 20 genera, 400 series, in aggregate to 7000 kinds of air conditioning products, among which there are commercial units in 9 series and more than 1000 items, with the totally 944 patents. The enterprise successfully developed its own high-tech systems like Gree VRV system-GMV units, centrifugal commercial air conditioner, and also the air source heat pump VRV that has an COP as high as 2.2 at -25�¢??, which is also an initial leading technology in international field and also filled the blank in Chinese industry. All of these achievements break the technological monopolization by American and Japanese AC giants, and also make Gree well-known and enjoys high reputation in the international refrigeration field.



Management innovation: There is a unique Incoming Inspection Factor