Gree Electric Appliances Inc. of Zhuhai

Gree Electric Appliances Inc. of Zhuhai is one of the world's largest state-controlled home appliance companies, integrating research, development, manufacturing, sales, and service from its headquarters in Zhuhai, Guangdong Province. The company operates across 190+ countries and regions through 77 global production facilities and is publicly listed on the Shenzhen Stock Exchange under stock code 000651.SZ.

Core Business

Gree has evolved beyond its traditional air conditioning dominance to become a comprehensive smart home solutions provider. The company's core segments include climate control systems, which remain its flagship category with substantial technical advantages, and smart home integration encompassing security monitoring, intelligent climate control, health monitoring, and environmental management. Gree's kitchen appliance portfolio features smart refrigerators and an innovative 2025 cooling range hood with 2,600W refrigeration and 31m³/min suction capacity. The company also operates in cleaning appliances and home lighting solutions. A notable 2025 strategic initiative involves the "Light-Storage-Air" system, which combines photovoltaic generation, energy storage, and air conditioning to enable household microgrid management.

Global Presence

Gree maintains an extensive global footprint spanning 190+ countries and regions, supported by 77 global production facilities. The company employs approximately 72,800 to 85,200 employees, with over 15% of its workforce dedicated to research and development, reflecting its commitment to continuous innovation across markets.

Key Strengths

Gree's competitive position is reinforced by 16 consecutive years of leading customer satisfaction in air conditioning, recognition on both the Fortune Global 500 and Forbes Global 2000 lists, and an accumulated portfolio exceeding 130,000 patents. The company achieves 100% self-control over core components, including compressors under the Lingda brand and motors under the Kaibang brand, establishing the industry's most complete supply chain autonomy. The flagship "Zero Carbon Healthy Home" system and AI-powered appliance ecosystem represent strategic differentiators positioning Gree as a "home environment and energy manager" rather than merely an appliance manufacturer.

VerityRank Score

VerityRank Score of 87/100