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Gree Electric Appliances, Inc, Of Zhuhai was incorporated in 1991. It is a large specialized air conditioner corporation with the largest production scale and the most powerful technical strength in present China. The company possesses 4 production bases respectively in Zhuhai, Danyang in Jiangsu Province, Chongqing, and Brazil in South America. Currently it has nearly 15000 staffs and annual production capacity of household air conditioner reaches 10 million sets, while annual production value of commercial air conditioner reaches RMB 3 billion.From the day listed in Shenzhen Stock Exchange in 1996, Gree has been appraised as one of the ¡°Top 50 Listed Companies with the Most Development Potential Power in China¡± for several consecutive years. In September 2001, Gree air conditioner was awarded the honorary title of ¡°China Brandname Products¡±. In September 2003, the international well-known investment bank¡ªThe First Boston Credit in Switzerland analyzed more than 1200 listed companies in China, and Gree Electric Appliance was appraised as one of the ¡°Top 12 Listed Companies with the Most Investment Value¡±, in which only one home electric appliance enterprise entered, and it was appraised as the "Top Listed Company among Home Electric Appliance Companies in China".
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