Gree Electric Appliances Inc of Zhuhai (Gree Electric) is a global industrial group with focus on the assembly and production of household air conditioners. Gree Electric's business portfolio includes the production of household air conditioners, industrial equipment, and technology-based consumer goods. It offers a wide range of products and services, including household appliances, industrial products, green energy solutions, and intelligent equipment. The company appliances serve industries such as home appliances, automobiles, food, 3C digital products, and building materials and sanitary ware.

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Gree Electric has established a comprehensive research and development system that emphasizes independent research and development of core technologies. The company has built a multi-level R&D framework based on national scientific research platforms, focusing on continuous technology innovation. It has achieved significant milestones in patent applications and grants, leading the home appliance industry in China for invention patent grants. The company has also made breakthroughs in standard-setting, transitioning from technology following to standard leading. Gree Electric has developed a robust independent R&D and manufacturing system for core components, enhancing its product competitiveness and industry leadership. The company integrates digital technology to drive systematic cost reduction and improve efficiency across its operations. It has also focused on promoting a diversified industrial layout, tapping into growth potential in key fields such as compressors, motors, capacitors, semiconductors, and intelligent equipment. As of December 2025, the company has established a comprehensive R&D infrastructure, including one academician workstation, 16 institutes, 152 research institutions, 1,411 laboratories, one national engineering technology research center, one State-level Industrial Design Center, one State Recognized Enterprise Technology Center, and one Robotics Engineering Technology R&D Center. These units are responsible for managing the company's R&D activities, focusing on innovation, technology development, and maintaining industry-leading positions in various fields. In FY2025, Gree Electric had applied for 138,935 patents, including 76,928 invention patents, and has obtained 32,317 invention patent grants. Pipeline Products: The company has developed several new high-performance rotary compressors, high-efficiency motors, capacitors, and SiC power semiconductors, among other products. In FY2025, the company participated in the development of 942 international and national standards, including 62 international or foreign standards, which comprise 30 ISO/IEC standards for photovoltaic air conditioners, compressors, and other products. The company has established deep strategic partnerships with industry-leading enterprises to integrate high-quality supply chain resources and enhance its technological capabilities. In FY2025, the company incurred an expense of CNY6,463.1 million on its R&D activities, which stood at 3.8% of the company’s total revenue.