Gree Electric Appliances Inc of Zhuhai - Company Profile
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Gree Electric Appliances Inc of Zhuhai (Gree Electric) is an electrical machinery and equipment manufacturer. The company develops and produces consumer appliances, industrial equipment, components, and recycling-related products. Its product portfolio includes household and central air conditioners, refrigerators, washing machines, water heaters, kitchen appliances, environmental appliances, smart-home products, compressors, motors, precision molds, industrial robots, semiconductors, and refrigeration equipment. It also offers contract manufacturing and after sales services. The company offers its products and services under the brands Gree, Kinghome, Tosot, LANDA, Kaibang, and Xinyuan. The company's products serve a wide range of customers and applications across various industries, including residential, commercial, and industrial sectors. The company has a business presence worldwide. Gree Electric is headquartered in Zhuhai, Guangdong, China.
Headquarters
China
Address
Office 608, Jinji West Road, No. 108, Huitong Third Road, Zhuhai, Guangdong, 519070
Website
www.gree.com.cn
Telephone
86 756 8669232
No of Employees
71,966
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
000651 (SHE)
Revenue (2024)
$23.8B
-10%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-9.9%
(2024 vs 2023)
Market Cap*
$33.2B
Net Profit Margin (2024)
XYZ
0.1%
(2024 vs 2023)
* As of and is in US$
Gree Electric Appliances Inc of Zhuhai premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Air conditioners | After Sales Services | Gree |
| Intelligent Equipment | Contract Manufacturing Services | Kinghome |
| Communication Equipment | Tosot | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Corporate Changes/Expansions | In June, the company introduced its branch in Singapore. |
| 2025 | Corporate Changes/Expansions | In September, the Company, opened Gree's Dong Mingzhu Health Home Grand Opening in Inner Mongolia. |
| 2024 | New Products/Services | In June, the company along with GENETCO introduced the G-Boost Inverter Compressor Split Air Conditioner. |
Competitor Comparison
| Key Parameters | Gree Electric Appliances Inc of Zhuhai | Samsung Electronics Co Ltd | Midea Group Co Ltd | Haier Smart Home Co Ltd | Daikin Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | China | South Korea | China | China | Japan |
| City | Zhuhai | Suwon | Foshan | Qingdao | Osaka |
| State/Province | Guangdong | - | Guangdong | Shandong | Osaka |
| No. of Employees | 71,966 | 128,271 | 198,570 | 134,995 | 104,095 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Liao Jianxiong | Chief Financial Officer | Senior Management | 2020 | 52 |
| Dong Mingzhu | Chairman | Non Executive Board | 2025 | 71 |
| Zhang Wei | Director; President | Executive Board | 2025 | 49 |
| Fang Xiangjian | Vice President | Senior Management | 2021 | 48 |
| Liu Hua | Vice President | Senior Management | 2025 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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