Gree Group Gree Electric Appliances Dong Mingzhu is still the chairman of Gree Electric Appliances

Mondo Technology Updated on 2024-02-19

On February 19, Gree Group ushered in a "new head" on the "hot search", however, Gree Group is not equivalent to Gree Electric Appliances, and Dong Mingzhu is still the chairman and president of Gree Electric Appliances.

According to the official website of Gree Group, Kang Hong currently serves as the secretary of the party committee and chairman of the group. On the eve of the Spring Festival, Gree Group carried out pre-holiday safety production inspection and trade union condolence activities.

According to public information, Kang Hong has worked in Hengqin for many years. During his tenure, he successively served as the Deputy Director of the Hengqin New Area Development Committee, the Director of the Hengqin New Area Development and Reform Bureau, the Director of the Hengqin New Area Bureau of Commerce, and the Deputy Director of the Hengqin New Area Management Committee.

Founded in March 1985, Gree Group is the first state-owned capital investment and operation platform in Zhuhai, and its business covers industrial investment, construction investment, urban renewal, construction installation, service operation and other fields.

In May 2012, Zhu Jianghong, the founder of Gree Electric Appliances, stepped down as the chairman, party secretary and president of Gree Group, retired completely, and Dong Mingzhu took over as chairman of Gree Group. However, Dong Mingzhu has stepped down as the chairman, director and legal representative of Zhuhai Gree Group in October 2016.

Gree Group used to be the controlling shareholder of Gree Electric Appliances, according to the financial report of Gree Electric Appliances in the third quarter of 2018, Gree Group held 1822%。In April 2019, Gree Electric announced that Gree Group intends to transfer 15% of the total share capital of Gree Electric Appliances held by Gree Electric Appliances by way of public solicitation of transferees. After the completion of the transfer, the controlling shareholder and actual controller of Gree Electric may change.

In December 2019, the equity transfer of Gree Electric Appliances ushered in the "finale". Gree Group and Zhuhai Mingjun officially signed the "Equity Transfer Agreement", Zhuhai Mingjun obtained 15% of the total share capital of Gree Electric Appliances, and Hillhouse Capital behind Zhuhai Mingjun officially became the largest shareholder of Gree Electric Appliances. As of the third quarter of 2023, Zhuhai Mingjun held 1616%。

Gree Electric announced that the total operating income of the 2023 annual performance is expected to be 205 billion yuan to 210 billion yuan, compared with 1901 in the same period last year$5.1 billion increased. Net profit attributable to shareholders of listed companies is expected to be 27 billion yuan to 29.3 billion yuan, a year-on-year increase of 102%-19.6%。

On the evening of January 28, at the 2024 annual party of Gree Electric Appliances, Dong Mingzhu, chairman and president of Gree Electric Appliances, said that in the 10 years since the 18th National Congress of the Communist Party of China, our revenue has been 5 times that of the past, and in 2023, we have created a profit of 29 billion yuan. "In the next five years, we aim to double. (Reporter Chen Weicheng).

*: Beijing News.

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