GREE electric released three quarterly reports in 2017, during the reporting period, the company achieved operating income of RMB 112.027 billion, an increase of 33.73%; net profit was RMB 15.461 billion, an increase of 37.6848%; Earnings per share was RMB 2.57
The first quarter profit of Gree Electric was RMB15.461 billion, an increase of 37.68%
Wed Nov 01 09:58:17 CST 2017
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Editor： Steven Ning
GREE's Chengdu Air Conditioner Production Line Has Officially Entered Mass Production.
On December 26, the GREE production base in Chengdu achieved another historic milestone.Within just days of the successful rollout of its first prototype, the production lines were operating at full capacity, marking the official completion of the first batch of large-scale, locally produced "Chengdu-made" air conditioners.
- 3 Paloma Makes Another Move to Acquire French HVAC Enterprise Groupe Atlantic
- 4 China's First "Aluminum-for-Copper" Air Conditioner Hits the Market!
- 5 How Can the Home Appliance and Home Furnishing Industry Capitalize on the Extended "Trade-in" Policy Next Year?
- 6 Haier Smart Home Becomes China's First Leading Home Appliance Enterprise to Announce Global Carbon Neutrality Goals
- 7 LG Partners with Meike Sunshine, Aiming for Sales of 1 Million Units and 2 Billion Yuan!
- 8 Camfil Acquires Italian Filter Manufacturer FCR
- 9 580 Million Investment + 600 Million Orders: Zhonghui Air Conditioning Project Gears Up for Launch!
- 10 Changhong Meiling Subsidiary Invests 12.57 Million in Tech Upgrade! Aims to Cut Costs by Making Air Conditioning Pipeline Components In-House
Forum Report | The 5th China Cold Chain & Cold Storage Development Summit Successfully Held in Hangzhou
On October 24, 2025, the "5th China Cold Chain & Cold Storage Development Summit Forum," hosted by the Industrial Bee Alliance, was successfully held at the Hangzhou Convention and Exhibition Center.
- 1 GREE's Chengdu Air Conditioner Production Line Has Officially Entered Mass Production.
- 2 China's First "Aluminum-for-Copper" Air Conditioner Hits the Market!
- 3 Paloma Makes Another Move to Acquire French HVAC Enterprise Groupe Atlantic
- 4 China's First "Aluminum-for-Copper" Air Conditioner Hits the Market!
- 5 How Can the Home Appliance and Home Furnishing Industry Capitalize on the Extended "Trade-in" Policy Next Year?
- 6 EU Proposes Extending Carbon Tariffs to Home Appliances like Washing Machines – Imported "White Goods" May Face Price Hikes
- 7 RACC2026 Exhibitor Recommendation | Specializing in HVAC, Refrigeration & Cooling Solutions - Foshan Baijiacheng Electronic Products Co., Ltd. to Exhibit at the 6th China Refrigeration & Cold Chain Exhibition
- 8 Haier Smart Home Becomes China's First Leading Home Appliance Enterprise to Announce Global Carbon Neutrality Goals
- 9 2.5 Million Compressors + 2.5 Million Air Conditioners! Xiabao Electric Invests 1.02 Billion Yuan to Expand Production Lines
- 10 LG Partners with Meike Sunshine, Aiming for Sales of 1 Million Units and 2 Billion Yuan!
Xu Zifa: No Price Wars, Quality and Innovation Lead the Way!
On November 16, CCTV-2's "Dialogue·Innovation China Tour" aired a special feature on Philips Air Conditioning titled "An Air Conditioning Company's Path to Breaking the Involution".
Forum Report | The 5th China Cold Chain & Cold Storage Development Summit Successfully Held in Hangzhou
On October 24, 2025, the "5th China Cold Chain & Cold Storage Development Summit Forum," hosted by the Industrial Bee Alliance, was successfully held at the Hangzhou Convention and Exhibition Center.
MEGA CLIMA ARGELIA 2025 Kicks Off Grandly Yesterday
On November 17, 2025, the 4th International Air Conditioning & Refrigeration Exhibition (MEGA CLIMA ARGELIA 2025) was grandly held at the Safex Expo Center, Algeria.
Post-Show Report | RACC 2025 Concludes Spectacularly, See You at the 2026 Hangzhou Summit!
On October 23-25, 2025, the 5th China International Air-Conditioning, Ventilation, Refrigeration, and Cold Chain Expo (hereafter referred to as the 5th RACC) concluded successfully at the Hangzhou Grand Convention and Exhibition Center.
