Gree Electric Appliances, Inc. of Zhuhai was founded in 1991 and it was listed on the Shenzhen Stock Exchange in November 1996. At the beginning, Gree was only a company that assembled residential air conditioners. Now it has grown into a diversified technological global industrial group that has expanded its business to air conditioners, home appliances, high-end equipment and communication equipment. Thanks to 300 million users ‘ choices, Gree products are widely sold in more than 200 countries and regions. Today Gree’s annual production capacity of RAC and CAC is more than 60 million and 6 million sets respectively.