Gree Speeds Up Industry Layout by Investing in Electronic Components

On July 6, Gree Electric invested RMB 100 million (about US$ 14.8 million) in establishing Zhuhai Gree Electronic Component.

The newly planned Zhuhai Gree Electronic Component covers the businesses of electronic component production, electronic component wholesale, electricity electronic component production, and electricity electronic component sales. The company is wholly owned by Gree.