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Gree Electric Appliances, Inc. of Zhuhai

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2021

    Criminal deferred prosecution agreement reached over failure to timely report hazardous dehumidifiers

    In October 2021, the U.S. Department of Justice announced that Gree-related companies would pay a total of $91 million in fines and other penalties for failing to timely report hazardous dehumidifier issues to the Consumer Product Safety Commission. The Chinese parent company and Hong Kong company entered into a deferred prosecution agreement, and the U.S. subsidiary pleaded guilty; in 2023, the subsidiary received a criminal penalty.

    Source

  2. 2020

    China Mobile procurement project: bid-winning qualification canceled over application materials issue

    In 2020, China Mobile determined in a procurement project that Gree's application materials contained falsifications and canceled the relevant winning bid qualification. Gree responded that it was due to staff compiling materials submitting erroneous information, stating that it did not falsely label technical parameters to win the bid. This entry records the purchaser's handling and the company's explanation.

    Source

  3. State ownership dilution via private equity sale

    Source