Gree Electric Appliances Inc of Zhuhai
SZSE:000651
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Gree Electric Appliances Inc of Zhuhai's latest stock split occurred on Jul 3, 2015
The company executed a 20-for-10 stock split, meaning that for every 10 shares held, investors received 20 new shares.
Before the split, Gree Electric Appliances Inc of Zhuhai traded at 58.49 per share. Afterward, the share price was about 16.8476.
The adjusted shares began trading on Jul 3, 2015. This was Gree Electric Appliances Inc of Zhuhai's 9th stock split, following the previous one in Jul 13, 2010.
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Gree Electric Appliances Inc of Zhuhai
Glance View
In the heart of China's vibrant manufacturing sector, Gree Electric Appliances Inc., headquartered in Zhuhai, has carved an extraordinary narrative of industrial growth and ingenuity. Established in 1991, the company began its journey as a humble manufacturer of residential air conditioners. Over the years, Gree has transcended its foundational roots to become a global titan, adeptly navigating the complexities of international markets while maintaining its reputation for innovation and quality. The company's core proficiency lies in its vast production capabilities and commitment to technological advancement, ensuring it consistently meets the evolving demands of consumer and commercial markets. Gree's vertically integrated model entails controlling every aspect of its supply chain—from research and development to manufacturing and sales—placing it in a formidable position to optimize costs and elevate product excellence. As Gree expanded its horizons, the pursuit of diversification became intrinsic to its business model. Today, the company engages in a broader spectrum of the appliance industry, encompassing air conditioning, home appliances, smart equipment, industrial technology, and even forays into renewable energy. A significant portion of Gree's revenue is driven by its international sales, underpinned by a vast distribution network and strategic partnerships worldwide. The company capitalizes on its robust R&D capabilities to sustain a competitive edge, driving innovations in energy efficiency and smart home technology. This relentless focus not only enhances its product offerings but also fortifies its market presence in a rapidly evolving global landscape. The symbiotic relationship between its expansive product range and deep-rooted commitment to quality continues to propel Gree Electric Appliances as a stalwart in the industry, synonymous with reliability and technological prowess.
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