Gree Group ushered in a "new leader", Dong Mingzhu quit?
Gree Group has recently ushered in a remarkable change, and the former chairman Kang Hong ascended the throne and became the new leader. At this moment full of change, people can't help but wonder where will this company, which was once dominated by Dong Mingzhu, go in the future? To understand this question, we must go back to the development of Gree and analyze the connection between its past and present.
Gree Group: Historical Origins and Development Trajectory
In 1985, Gree Group was established as the first state-owned enterprise in Zhuhai, initially as an industrial development company. However, it was not until 1991 that Gree Group established Gree Electric Appliances through a medical plastic company and an air conditioner factory, and gradually adopted liquid crystal outcropping. , Dong Mingzhu is just a district manager, and the development of Gree Electric Appliances benefits from Zhu Jianghong's management and Dong Mingzhu's sales experience. In 1996, Gree Electric Appliances was successfully listed on the Shenzhen Stock Exchange and became a new star in China's home appliance industry.
However, the moment that really changed the fate of Gree Electric happened in 2019. Zhuhai City decided to restructure Gree Electric Appliances, transfer shares to Zhang Lei's Hillhouse Capital and Zhuhai Mingjun, and transform from a state-owned enterprise to a private enterprise. Gree Electric Appliances parted ways with its parent company, Gree Group.
The role of Gree Real Estate: the real estate sector of Gree Group
Gree Real Estate The real estate sector of Gree Group was established after the restructuring of Gree Electric Appliances and maintained its status as a state-owned enterprise. In 2008, Gree Real Estate established a listed company through asset restructuring, and Gree Group is still its largest controlling shareholder. However, in 2014, Gree Real Estate established a listed company through asset restructuring, and Gree Group is still its largest controlling shareholder. Gree Group transferred its equity in Gree Real Estate to a newly established company in Zhuhai, and despite the change of parent company, Gree Real Estate still maintained its status as a state-owned enterprise.
Dong Mingzhu's glorious history and withdrawal from Gree Group
Dong Mingzhu, the head of Gree Electric Appliances, has held important positions in Gree Group and Gree Electric Appliances. However, in 2016, Dong Mingzhu stepped down as chairman of Gree Group and was replaced by Zhou Lewei. This abdication does not mean that Dong Mingzhu has withdrawn from the stage of Gree Electric, she is still the owner of Gree Electric. After 8 years, Zhou Lewei blamed Kanghong for the blame at the helm, and this handover made Kanghong the new leader of the Gree Group.
Kang Hong: The new head of Gree Group
Kang Hong, born in 1976 in Peng'an, Sichuan, graduated from Sun Yat-sen University and is the new chairman of Gree Group. During his career, he has worked in the construction headquarters of Guangzhou University Town and Hengqin District, and served as the deputy director of the Bureau of Career Reform, the director of the bureau, and the director of the Bureau of Commerce. In October 2021, Kang Hong was transferred from the position of ** deputy of Zhuhai City to Gree Group and took over the helm.
The future of Gree Group: the transformation from state-owned to private
The transformation of Gree Group has undergone a transformation from a state-owned enterprise to a private enterprise. The restructuring of Gree Electric Appliances quickly freed itself from the control of the first and became a real private enterprise. As the real estate sector of Gree Group, Gree Real Estate has also maintained its status as a state-owned enterprise, although it has also changed its equity. This institutional difference makes the relationship within the Gree Group complex and delicate.
Conclusion: The transformation of Gree Group and the challenges of the new era
Under the leadership of Kang Hong, Gree Group ushered in an exciting new era, and Dong Mingzhu became the eternal owner of Gree Electric Appliances. This change is not only manifested in the change of the organizational structure and enterprise system, but also means that Gree Group must adapt to the challenges of insight into the economy in the new era. In the context of China's mass economy, Gree Group must maintain a keen market force and continue to innovate in order to be invincible in the fierce market competition.
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