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Gree Timeline

2018

June 27the consortium formed by Zhuhai Gree Group Co., Ltd. and Zhuhai Jianan Group Co., Ltd. won the bid war for “Construction PPP Project of Zhuhai Center for Chronic Disease Control”. On the afternoon of the same day, the launching ceremony of the construction project of Zhuhai Center for Chronic Disease Control was successfully held. Liu Kuanxian, deputy director of the Health and Family Planning Commission of Guangdong Province, attended the launching ceremony.
June 9the Xingye Expressway (North Section)-West Line Tunnel (pilot section) was issued construction project construction permit, marking the official and substantive commencement of the construction.
June 72018, Forbes released its annual Global 2000 Public Companies list. This time, Gree Electric Appliances ranks 294 in the list, going up 70 spots compared to last year.
April 28Zhuhai Gree Xinxing No. 2 Industrial Equity Investment Private Equity Fund, the first private fund independently managed by Zhuhai Gree Equity Investment Fund Management Co., Ltd., successfully obtained the registration qualification certificate approved by Asset Management Association of China.
April 25Gree Electric released the 2017 annual report. According to the report, Gree Electric Appliances saw a total operating income of 150.020 billion yuan, a year-on-year increase of 36.24%; the net profit attributable to shareholders of listed companies was 22.402 billion yuan, a year-on-year increase of 44.87%
April 242017, with the release of the List of the Most Influential in China's Intellectual Property Field, Gree Electric Appliance was awarded the Most Influential Innovative Entity in 2017 China's Intellectual Property Field, ranking fifth in the List for Most Influential Entities.
April 23the testing center of Zhuhai Gree Electric Co., Ltd. was awarded nationally accredited lab license by the National Accreditation Laboratory of China National Accreditation Service for Conformity Assessment (CNAS) and became a “national level” testing center.
MarchGree's "Development and application of photovoltaic direct-driven inverter air conditioning system" project won the 2017 Quality Innovation Award of the International Quality Innovation Contest and as the only company in the domestic appliance industry to receive the award.
MarchThe “Longli Tengfeng Fund” initiated by Gree Financial Investment completed the first phase of a 500 million yuan investment in Guangdong Longfeng Precise Copper Pipe Co., Ltd.
SeptemberGree Electric Appliance’s sales of air to water heat pump exceeded 2 billion yuan!

2017

December
26Gree's "Development and application of photovoltaic direct-driven inverter air conditioning system" project won the 2017 Quality Innovation Award of the International Quality Innovation Contest and as the only company in the domestic appliance industry to receive the award.
December
18Gree Group and Zhuhai National High-Tech Industrial Development Zone Management Committee Signed Cooperation Framework Agreement.
NovemberGree Electric Appliance participated in the formulation of standards for air conditioning countries in the United States and Canada.
OctoberGree Group and Shanghai Tunnel Engineering Company signed a cooperation agreement.
SeptemberThe Gree Group' officially begins its works in the construction of the Nujiang Weila Dam Elementary School and Kindergarten Project aimed at supporting local education.
September
28Zhuhai Municipal Party Committee and Municipal Government awarded Gree Group and Gree Electric Appliances with the advanced collective title for disaster relief, production restoration and reconstruction.
AugustState-Owned Assets Supervision and Administration commission of Zhuhai Municipal People’s Government issued the Notice on Appointments of Comrades Li Chaoming, et al. (Zhu Qi Gan No. (2017) 32) to appoint Comrade Li Chaoming and Comrade Wang Yonghua as vice presidents of Zhuhai Gree Group Co., Ltd.
MayZhuhai Gree Financial Investment Management Co., Ltd. was established.
AprilZhuhai Gree Construction Investment Co., Ltd. was established.
AprilGree Group signed a framework construction agreement with Zhaoqin High-Tech Industrial Development Zone Management Committee of Zhaoqing City and Doumen District of Zhuhai City.
AprilGree Group Revenue Report 2016 reported that the group’s revenue in 2016 reached a total of 111.509 billion yuan, a year-on-year increase of 9.72%, with a net profit of 15.491 billion yuan, a year-on-year increase of 22.39%, and paid 13.2 billion yuan in tax.
MarchGree Group and Zhuhai Urban Construction Group signed a strategic cooperation agreement where the two parties will exert their respective strengths to carry out in-depth cooperation in the field of urban operations and serve Zhuhai's infrastructure construction.

2016

JanuaryGree Electric Appliances, Inc. passed the accreditation and review of “2015 National Industrial Design Center” by the Ministry of Industry and Information Technology and became a national industrial design center.

2015

MayGree Electric Appliances, Inc. became one of the Global Fortune 500 Companies and ranked No. 385 among the Forbes Global 2000 and No.1 in household appliances industry.

2014

AprilGree Electric Appliances realized a gross sales revenue of 120.043 billion yuan and net profit of 10.871 billion yuan with more than 10.27 billion yuan of tax paid, becoming the first household appliance Chinese enterprise with both net profit and tax amount over 10 billion yuan.

2012

Gree Electric Appliances realized a gross sales revenue of 100.11 billion yuan at a year-on-year growth of 19.87% and net profit of 7.38 billion yuan at a year-on-year growth of 40.92%, becoming the first household appliance Chinese enterprise with net profit over 100 billion yuan.

2009

DecemberZhuhai Jianan Group Co., Ltd transferred its 100% property right to Zhuhai Gree Group Co., Ltd.

2008

NovemberZhuhai Gree Group Corporation was renamed as Zhuhai Gree Group Co., Ltd., and the company nature changed from collective ownership to state-owned exclusive company.

2006

NovemberGree Electric Appliances was awarded China Quality Award, a top national quality management award, which was another honor that the company has received after World Famous Brand and China Benchmark Brand.

2004

SeptemberChina Industrial Information Issuing Center released a list of the 2003 biggest 500 companies in China, among which Gree Group was ranked No. 72 in terms of business income.

2002

MarchZhuhai Gree Group was authorized for operation by the Municipal Government of Zhuhai.
In January, 1999, the trademark of Gree that was constituted by icon, English name and Chinese name was recognized as a Well-known Trademark by Trademark Office of the State Administration for Industry & Commerce of the People’s Republic of China.

1996

NovemberGree Electric Appliances went public on Shenzhen Stock Exchange.

1991

AugustZhuhai Guanxiong Plastic Company and Zhuhai Haili Air-conditioner Factory were incorporated into Gree Electric Appliances Inc.

1990

Septemberthe Municipal Government approved the foundation of Zhuhai Gree Group.

1985

MarchIndustrial Development Company of Zhuhai Special Economic Zone was established.

1984

Januarythe Zhuhai Municipal Government circulated “The Reply on the Establishment of Industrial Development Company of Zhuhai Special Economic Zone” ( Z.F.Z [1984] No.006), approving the Municipal Economic Committee’s setup of Industrial Development Company of Zhuhai SEZ.