CASE
Zhuhai Gree Electric Appliance Co., Ltd. is an international home appliance enterprise integrating R&D, production, sales and service. Owning three brands, Gree, TOSOT, and Jinghong, the main products are household air conditioners, central air conditioners, air energy water heaters, mobile phones, household appliances, refrigerators and other products. In 2016, Gree Electric achieved a total operating income of 110.113 billion yuan, a net profit of 15.421 billion yuan, and a tax payment of 13.075 billion yuan. It has ranked first in China's household appliance industry for 15 consecutive years, with a cumulative tax payment of 81.413 billion yuan. Listed in the "Top 100 Chinese Listed Companies" by Fortune magazine in the United States for 9 consecutive years. The "Gree" brand air conditioner under Gree Electric is a "world famous" product in China's air conditioner industry, with business in more than 100 countries and regions around the world.
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