What air conditioner does Gree Air Conditioning buy?

Not acquisition, just cooperation. A production base was established in Zhuhai, with Gree holding 5 1 and Daikin holding 49%. The purpose of this cooperation with Gree is to borrow Daikin's technology. Daikin has taken a fancy to Gree's global procurement and marketing system because of its cooperation with Gree, which can greatly save costs. The cooperation between Gree and Daikin includes the establishment of two joint ventures-Zhuhai Gree Daikin Electromechanical Equipment Co., Ltd. and Zhuhai Gree Daikin Precision Mould Co., Ltd. ... Zhuhai Gree Daikin Precision Mould Co., Ltd. has an annual output value of 224 million yuan and a net profit of14.3 million yuan. Zhuhai Gree Daikin Electromechanical Equipment Co., Ltd. has an annual output value of150,000 yuan, an electric controller capacity of11200,000 yuan and a net profit of 3366 yuan.