buy home appliances onlinebuy home appliances onlinenafter referred to as "Gree Group") absolute control, the actual control of the Zhuhai Municipal SASAC. By the end of 2005, its subsidiary Zhuhai Gree Gree Group Real Estate Co., Ltd. (hereinafter referred to as "Gree Real Estate") holds 50.28% stake in Gree 8.38% of the shares and, Gree Group holds direct and indirect equity totaled Gree 58.66%. Figure: Gree end of 2005 and its actual control and contr