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What is the nature of Gree Group?

Gree Group is an enterprise group in China, whose full name is Zhuhai Gree Electric Co., Ltd. Its nature can be summarized as follows:

1. State-owned enterprises: Gree Group was originally established in 1985 and is a wholly state-owned enterprise authorized by Zhuhai State-owned Assets Administration Bureau. Despite many reorganizations and equity changes, Gree Group still has a certain background of state-owned enterprises.

2. Home appliance manufacturers: Gree Group is mainly engaged in research and development, production, sales and service of home appliances, especially air-conditioning products. In addition, Gree Group is also involved in other household appliances, such as refrigerators, washing machines and small household appliances.

3. Multinational enterprises: Gree Group conducts business on a global scale, not only occupying an important position in the China market, but also establishing a number of production bases and sales networks around the world. Gree Group's products are sold all over the world and have certain international competitiveness.

4. Innovative enterprises: Gree Group pays attention to technological innovation and product research and development, and owns a large number of technical patents and intellectual property rights. The group has a number of R&D centers and is committed to providing consumers with efficient, energy-saving and environmentally-friendly household appliances.

5. Excellent management mode: Gree Group is famous for its advanced management mode, especially in product quality control and supply chain management. With his unique management style and leadership, Dong Mingzhu, Chairman of the Group, has made Gree Group enjoy a high reputation in the business circles of China.

To sum up, Gree Group is a multinational enterprise with a state-owned enterprise background, global competitiveness, emphasis on technological innovation and excellent management mode.