Gree was named No. 1 in Chinese commercial air-conditioner (CAC) industry, with a market share of 15.2%, according to Chinese industry magazine HVAC Info.
The Chinese CAC Industry Development Report for the first half of 2013 assessed 60 CAC manufacturers, including major players such as Daikin, Midea, and Haier.
Gree said it has annual CAC production capacity of 5.5 million units.
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