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Gree Electric Appliances
Gree Electric Appliances Net Worth is 9.7 $Billion. Gree Electric Appliances Inc. (Chinese: c? aeu?ae 1/4 a??c?ua??e??a>> 1/2 ae??e??a??a?,) (SZSE: 000651) is a Chinese major appliance manufacturer h. Gree Electric Appliances Inc. (Chinese: c? aeu?ae 1/4 a??c?ua??e??a>> 1/2 ae?...

Gree Electric Appliances Net Worth is 9.7 $Billion.

Gree Electric Appliances Net Worth is 9.7 $Billion. Gree Electric Appliances Inc. is a Chinese major appliance manufacturer h Gree Electric Appliances Inc. is a Chinese major appliance manufacturer headquartered in Zhuhai, Guangdong. It is the world's largest residential air-conditioner manufacturer. The Company offers two types of air conditioner: household air conditioners and commercial air conditioners. The Company also provides electric fans, water dispensers, heaters, rice cookers, air purifiers, water kettles, humidifiers and induction cookers, among others. The Company distributes its products within Chinaa??s domestic market and to overseas markets under the brand name of Gree.
Gree was established in Zhuhai, Guangdong in 1989 with its former name of Zhuhai City Haili Cooling Engineering Company Limited. It was restructured and renamed to Gree Electric Appliances Inc, of Zhuhai in 1992. The company started as a nameless factory with 200 employees and annual production of less than 20,000 units.
It was listed on the Shenz...
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Gree Electric Appliances Latest News

Gree Electric Appliances Inc of Zhuhai to acquire Zhuhai Yinlong Energy Co Ltd

Gree Electric Appliances Inc of Zhuhai has agreed to acquire Zhuhai Yinlong Energy Co Ltd from an investor group led by Guangdong Yintong Investment Holding Group Co Ltd for a total consideration of $2.17 billion.
Posted: August 18, 2016, 5:00 pm

BRIEF-Gree Electric Appliances' H1 net profit up 11.9 pct

BRIEF-BSD Crown says court denies rehearing for co's Apple infringement claim * Hereby announces court has denied petition for rehearing co's claim against Apple Inc for infringement of co's patent for live streaming Source text for Eikon: Further company ...
Posted: August 18, 2016, 3:14 am

Chinese company Gree buys electric vehicle manufacturer

Gree Electric Appliance Inc, one of China’s largest producers of air conditioning units, plans to acquire electric vehicle manufacturer Zhuhai Yinlong New Energy Co Ltd for 13 billion yuans (US$1.81 billion), the China Daily newspaper reported.
Posted: August 24, 2016, 4:30 am

China’s Biggest Air-Con Maker Bets $2 Billion on Electric Cars

Gree Electric Appliances Inc., China’s largest air-conditioner maker, is going ahead with a plan to diversify its business outside of home appliances by paying 13 billion yuan ($2 billion) to buy an electric-vehicle manufacturer. The appliance maker ...
Posted: August 18, 2016, 4:11 am

Chinese Air Conditioning Maker Investing $2 Billion in Electric Busmaker

Gree Electric Appliances will be selling new shares to fund the purchase of Zhuhai Yinlong New Energy Co., Bloomberg reported. Yinlong has been manufacturing batteries for plug-in electrified vehicles since 2009 and also builds drive trains for PEVs and ...
Posted: August 18, 2016, 12:13 pm
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