Gree Group was established in March 1985. After 28 years of development, it has become one of the largest and strongest enterprise groups in Zhuhai, forming a comprehensive development pattern of three major sectors: industry, real estate, and petrochemicals. The entire group owns two famous Chinese trademarks, "Gree" and "Rossini", as well as a well-known trademark in Guangdong Province, "MMC". Gree air conditioners and Rossini watches have both been awarded the title of Chinese famous brand products. In 2005, Gree Group achieved sales revenue of 19.6 billion yuan, total profit of 740 million yuan, and export earnings of 550 million US dollars.