On November 13, the Nanjing Municipal Government and Zhuhai Gree Electric Appliance Co., Ltd. signed a strategic cooperation agreement, and Gree Electric’s central air-conditioning intelligent manufacturing base was officially settled in Nanjing. Before the signing ceremony, Secretary of the Provincial Party Committee Lou Qinjian met with Dong Mingzhu, chairman and president of Gree Electric and his party. Governor Wu Zhenglong attended the signing ceremony. Lou Qinjian welcomed Gree Electric's investment in Jiangsu. He said that Jiangsu's strong real economy, outstanding scientific and educational talents, high industrial agglomeration, and good market environment provide favorable conditions for enterprise investment and development. The development of information technologies such as computers and the Internet from leading technologies to universal technologies provides important opportunities for deepening supply-side structural reforms, promoting industrial transformation and upgrading, and innovative development. Gree Electric Appliances has long adhered to independent innovation and developed with its core technology industry. It has successively invested in multiple industrial projects in Nanjing, which has injected new vitality into the development of advanced manufacturing in our province. It is hoped that Gree Electric will give full play to its advantages in brand and technology, increase investment in Jiangsu, accelerate the integration and innovation of information technology, and create more new technologies, new products and new brands with core competitiveness for China's manufacturing. Gree Electric is an international home appliance enterprise integrating R&D, production, sales and service. After Yinlong New Energy Nanjing Industrial Park settled in Lishui in May this year, Gree Electric decided to place the central air-conditioning intelligent manufacturing base and supporting projects in Jiangning High-tech Park, which fully demonstrated its confidence in the development of our province. The first phase of the intelligent manufacturing base project mainly produces central air-conditioning and supporting products, with a planned total investment of 10 billion yuan. At the same time, Gree will coordinate resources and set up a Jiangsu sales company headquarters to be responsible for the marketing of home appliances, central air conditioners and new energy vehicles in Jiangsu. In addition, Gree Jiangning Industrial Park plans to build a R&D and production base for home appliances, new energy auto parts, molds and other products. After the entire project is completed, it will become Gree Electric's largest central air-conditioning intelligent manufacturing base in China.