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. Gree products are sold widely to more than 160 countries and regions. Gree has 90,000 employees, including 14,000 engineers and over 30,000 technical workers. It has 14 production bases around the world, which are located in Zhuhai, Chongqing, Hefei, Zhengzhou, Wuhan, Shijiazhuang, Wuhu, Changsha, Hangzhou, Luoyang, Nanjing, and Chengdu as well as Brazil and Pakistan. In addition, Gree has established 5 renewable resources bases in Changsha, Zhengzhou, Shijiazhuang, Wuhu and Tianjin, covering the entire industrial chain from production to recovery of waste products, for green, recyclable and sustainable development.