Gree Electric Appliances Inc of Zhuhai - Company Profile
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Gree Electric Appliances Inc of Zhuhai (Gree Electric) is a diversified industrial group engaged in the manufacturing and distribution of household consumer goods and industrial equipment. The company's product portfolio includes smart household appliances, air conditioners, refrigerators, washing machines, water heaters, kitchen appliances, environmental appliances, and communication products. Gree Electric also features high-end equipment, precision moulds, freezers and refrigeration equipment, motors, compressors, capacitors, semiconductor devices, and precision casting equipment. The company's products serve a wide range of customers and applications across various industries, including residential, commercial, and industrial sectors. Gree Electric operates through a network of production facilities located in the Americas, Europe, the Middle East, Africa, and Asia-Pacific, and exports its products to numerous countries and regions. Gree Electric is headquartered in Zhuhai, Guangdong, China.
Headquarters
China
Address
Jinji West Road, Qianshan, Zhuhai, Guangdong, 519070
Website
www.gree.com.cn
Telephone
86 756 8669232
No of Employees
72,808
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
000651 (SHE)
Revenue (2024)
$26.4B
-7.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
10.9%
(2024 vs 2023)
Market Cap*
$31.6B
Net Profit Margin (2024)
XYZ
19.7%
(2024 vs 2023)
* As of and is in US$
Gree Electric Appliances Inc of Zhuhai premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Air Conditioner | Gree |
| Home Appliances | Kinghome |
| Stand Fan | Tosot |
| 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 | 72,808 | 129,480 | 198,533 | 122,733 | 103,544 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dong Mingzhu | Chairman | Executive Board | 2012 | 70 |
| Liao Jianxiong | Chief Financial Officer | Senior Management | 2020 | 51 |
| Zhang Wei | Director; President | Executive Board | 2025 | 48 |
| Liu Hua | Vice President | Senior Management | 2025 | 48 |
| Li Shaobin | Vice President | Senior Management | 2025 | 48 |
| 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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