Are gree real estate and Gree air conditioners the same?

Gree real estate is an investment project of Gree Group, and Gree Group is a shareholder of Gree Electric. Gree Group is the holding investment institution, Gree Electric is the management institution, and gree real estate, like Gree Electric, is the money-making tool of Gree Group.

Before 20 15, gree real estate and Gree Air Conditioning belonged to the same group company, called Gree Group. In 20 15, Zhuhai state-owned enterprises were restructured, and gree real estate officially left Gree Group and merged into a brand-new state-owned platform-Zhuhai Investment Holding Co., Ltd.

Gree real estate announced on February 20th, 20 14 that Zhuhai SASAC transferred 5 1.94% equity of gree real estate held by Gree Group to the newly established state-owned assets reform and restructuring platform company in the city for free. After the equity transfer is completed, the control relationship among Zhuhai SASAC, Platform Company and gree real estate will be formed.

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Since its successful listing in 2009, gree real estate has gradually extended from the real estate industry to the related industrial economy, and expanded from Zhuhai local market to key markets at home and abroad, and successfully realized industrial upgrading and transformation in 20 14, forming a "3+2" industrial layout.

In 20 15, gree real estate officially broke away from Gree Group and merged into Zhuhai Investment Holding Co., Ltd., a brand-new state-owned platform. At present, gree real estate has more than 60 member enterprises in Zhuhai, Shanghai, Chongqing, Hong Kong, the United States, Britain and other places, and more than 80 projects are under construction or under construction, covering real estate, ports, oceans, tourism, finance, education, agriculture, hotels and other fields.

References:

Baidu encyclopedia-gree real estate co., ltd.