Gree is a state-owned enterprise. The reason is that Gree Electric is a subsidiary of Zhuhai Gree Group Co., Ltd., and Gree Group is a Zhuhai state-owned enterprise supervised by Zhuhai SASAC, so Gree Electric also has the nature of a state-owned enterprise, which can also be called a state-owned joint-stock enterprise in Zhuhai.

Extended data:

Zhuhai Gree Electric Co., Ltd., established in 199 1, is an international household appliance enterprise integrating R&D, production, sales and service.

And it owns three brands: Gree, TOSOT and Jinghong, mainly engaged in household air conditioners, central air conditioners, air energy water heaters, mobile phones, home appliances, refrigerators and other products.

In 20 16 years, Gree Electric realized total operating income of1.10.30 billion yuan, net profit of 1.542 1 0.075 billion yuan, and tax payment of13.075 billion yuan.

References:

Baidu Encyclopedia-Zhuhai Gree Electric Co., Ltd.