Founded in 1991, Zhuhai Gree Electric Appliance Co., Ltd. is an international home appliance enterprise integrating R&D, production, sales and service. It owns three brands, Gree, TOSOT and Jinghong. It mainly focuses on household air conditioners, central air conditioners and air energy. Water heaters, mobile phones, household appliances, refrigerators and other products. In 2016, Gree Electric achieved a total operating income of 110.113 billion yuan, a net profit of 15.421 billion yuan, and a tax payment of 13.075 billion yuan. It ranked first in the household appliance industry in China for 15 consecutive years, and the accumulated tax payment reached 81.413 billion yuan.