GREE ELECTRIC APPLIANCES,INC.OF ZHUHAI
格力电器
000651
Shenzhen Stock Exchange
Company Profile
GREE is committed to independent innovation and continuously iterates and upgrades its air conditioning products based on the philosophy of “low-carbon and green, comfortable and healthy, personalized and intelligent.” It steadfastly implements a “10-year free warranty” policy for domestically sold residential air conditioners and consistently leads the industry toward sustainable development. Guided by the product strategy of “Choose GREE for Central Air Conditioning, Rely on GREE for System Energy Saving,” GREE provides low-carbon and intelligent solutions for diverse scenarios and industries. According to the “2025H1 China Central Air Conditioning Industry Development Report” published by iMedia’s HVAC & Heat Pumps, GREE Central Air Conditioning maintained its industry leadership in the first half of 2025 with a 15% market share, demonstrating the company’s leadership and brand influence in the central air conditioning market. Through the coordinated layout of offline “Dong Mingzhu Healthy Home” stores and online self-operated and third-party e-commerce platforms, GREE has enhanced the exposure and awareness of its whole-house smart appliances. Meanwhile, GREE continues to drive product development and product line expansion, with growing market recognition for lifestyle appliances such as refrigerators and washing machines. Leveraging strong technological expertise and superior supply chain advantages, GREE is seizing growth opportunities, achieving a 20.90% year-over-year growth in operating revenue for its intelligent equipment segment and a 17.13% year-over-year growth for the industrial products and green energy segment. The craftsmanship of “GREE Intelligent Manufacturing” continues to gain market acclaim.
Full description
Gree Electric Appliances, Inc. of Zhuhai is a diversified and technological global industrial group and has three major consumer brands of Gree, TOSOT and KINGHOME, and industrial brands of LANDA, Kaibang, and Xinyuan, etc. Its industry covers two major areas of household consumer goods and industrial equipment. In the consumption field, it covers residential air conditioners, HVAC, refrigerators, washing machines, water heaters, kitchen appliances, environmental appliances, smart buildings, and smart household appliances; In the industrial field, it covers high-end equipment, precision molds, freezers and refrigeration equipment, motors, compressors, capacitors, semiconductor devices, precision casting equipment, basic materials, industrial energy storage, renewable resources, etc. So far, Gree products have served more than 600 million consumers in more than 190 countries and regions around the world, and continue to meet people's needs for a better life.