Founded in March 1985, gree group, after 28 years of development, has become one of the largest and most powerful enterprise groups in Zhuhai, forming a comprehensive development pattern of industry, real estate and petrochemical. The group has two well-known Chinese brands, gree and Rossini, MMC, Guangdong Province, gree air conditioner and Rossini Watch, both of which have been awarded the Chinese brand names. In 2005, gree group realized sales revenue of 19.6 billion yuan, realized total profit of 740 million yuan and earned 550 million US dollars from export.