Is Gree a private enterprise or a state-owned enterprise?

Gree Group is a state-owned enterprise.

Zhuhai Gree Group Co., Ltd. was established in March 1985, headquartered in Zhuhai City, Guangdong Province, formerly known as Zhuhai Special Economic Zone Industrial Development Corporation, the only municipal state-owned enterprise with manufacturing genes, and its main credit rating is AAA. Gree Group's existing core business sectors include industrial investment, construction investment, urban renewal, construction and installation, and service operation.

In March, 2020, after the completion of the equity transfer in Gree Electric, Gree Group fully promoted the reorganization of the first state-owned capital investment operation platform in the city, and has formed an all-round development pattern with "scientific and technological innovation" as the core and "capital operation+industrial investment+industrial introduction+carrier construction+service operation" as the main line, and won the title of "Key State-owned Enterprise Management Improvement Benchmark and Action Benchmark Enterprise in Guangdong Province".

Gree's core business segment

1. The construction investment sector has five major businesses, namely, industrial carrier development, island tourism comprehensive development, engineering construction management, commercial services and landscaping. The construction management involves nearly 100 projects, including a number of new industrial carriers such as the startup area of Sanxi Kechuang Town, Gechuang1,Gechuang Villa Valley, Gechuang Longpan Square and Gechuang Rungu.

2. Adhering to the concept of high-quality growth and development of "industry leading, urban rejuvenation", the urban renewal sector has participated in many urban renewal and comprehensive development projects such as Xiangshan Rixin, the overall development project of West Lake Market, Jinhu Sports Center, the 0.6 square kilometer of Jinwan District, the former city garden, etc., and revitalized space resources for the flow of industrial factors such as scientific and technological innovation.

3. The construction and installation plate has a number of qualifications, such as general contracting of construction projects, professional contracting of architectural decoration projects, and professional contracting of basic projects. And the credit rating is AAA, and the contracted project has won many awards.

4. The service operation section will build a service platform focusing on industrial operation and focusing on park management, trade logistics, island tourism and property management. It will operate Gree Dongao Hotel, Hengqin Passenger Terminal, Gechuangjia Entrepreneurial Youth Apartment, Gechuang Tiandi and other physical projects to provide guarantee for the accelerated landing of high-quality production capacity.

Reference to the above content: Baidu Encyclopedia-Zhuhai Gree Group Co., Ltd.