In 2023, Gree’s average selling prices for residential air conditioners trended 21% and 9% above the industry average for online and offline channels, respectively, per All View Clouds.

The Power of G-Boost Technology GREE's Airy Series AC is engineered with the groundbreaking G-Boost Technology, making it a standout choice for regions where temperatures can reach up to 68°C.

We are initiating coverage on Gree Electric Appliances, one of the largest residential and commercial air conditioner manufacturers in China, with a fair value estimate of CNY 48 per share.

The Chinese manufacturer said its new photovoltaic air conditioner is available in three versions with a cooling capacity ranging from 12.1 kW to 16 kW and a heating capacity of 14 kW to 18 kW.