Gree Electric Appliances Inc of Zhuhai - Company Profile
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Gree Electric Appliances Inc of Zhuhai (Gree Electric) is a diversified and technological global industrial group that manufactures and distributes household consumer goods and industrial equipment. The company’s product portfolio comprises smart household appliances, air conditioners, refrigerators, washing machines, water heaters, kitchen appliances, environmental appliances, and communication products. It also offers high-end equipment, precision moulds, freezers and refrigeration equipment, motors, compressors, capacitors, semiconductor devices, and precision casting equipment. Gree Electric markets its products under Gree, Tosot and Kinghome brand names. It operates through a network of production facilities in the Americas, Europe, the Middle East, Africa and Asia-Pacific. Gree Electric is headquartered in Zhuhai, Guangdong, China.
Headquarters
China
Address
Room No 608, No 108, Huitong Third Road, Hengqin New Area, Zhuhai, Guangdong, 519031
Website
gree@gree.com.cn
Telephone
0756 861 4883
No of Employees
72,380
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
000651 (SHE)
Revenue (2022)
$28.3B
0.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
6.3%
(2022 vs 2021)
Market Cap*
$31.1B
Net Profit Margin (2022)
XYZ
6.0%
(2022 vs 2021)
* As of and is in US$
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 |
|---|---|---|
| 2023 | Product Recall | In August, the company recalled 1.5 million dehumidifiers due to house fires. |
| 2021 | New Products/Services | In April, the company launched new refrigeration product. |
| 2021 | Corporate Changes/Expansions | In March, the company along with China Southern Power Grid, Global Energy Interconnection Research Institute, China Unicom, China Telecom, China Mobile, and Huawei announced to set up a 5G deterministic networking joint innovation lab. |
Competitor Comparison
| Key Parameters | Gree Electric Appliances Inc of Zhuhai | Samsung Electronics Co Ltd | Midea Group Co Ltd | Haier Smart Home Co Ltd | Sichuan Changhong Electric Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | South Korea | China | China | China |
| City | Zhuhai | Suwon | Foshan | Qingdao | Mianyang |
| State/Province | Guangdong | Seoul | Guangdong | Shandong | Sichuan |
| No. of Employees | 72,380 | 98,557 | 166,243 | 109,586 | 47,353 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dong Mingzhu | President; Chairman | Executive Board | 2012 | 68 |
| Shu Lizhi | Vice President - Vice President | Senior Management | 2020 | 53 |
| Zhang Jundu | Director - Director | Non Executive Board | 2021 | 62 |
| Cheng Min | Supervisor | Operational Management | 2020 | 42 |
| Deng Xiaobo | Secretary; Director; Vice President - Vice President and Secretary | Executive Board | 2020 | 47 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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