Recently, Dong Mingzhu said at Gree Electric’s first extraordinary shareholders’ meeting in 2022: “PowerThe most essential issue of batteries is safety, so we call for the formulation of corresponding safety standards. In the field of technology, we will continue to innovate and make breakthroughs. What we focus on is talent, technology and quality."< /p>

On August 31 last year, Gree Electric Appliances won a 30.47% stake in Yinlong New Energy Co., Ltd. At the same time, Dong Mingzhu entrusted the company with the voting rights corresponding to the 17.46% stake in Yinlong New Energy held by it. After the completion of this transaction, Gree Electric will hold 30.47% of the equity of Yinlong New Energy and control a total of 47.93% of the voting rights of Yinlong New Energy. Yinlong New Energy will become a holding subsidiary of Gree Electric and subsequently be renamed Gree Titanium New energy.

According to Understand, Gree Titanium New EnergyIt owns lithium titanate batteries with industry-leading safety performance, the world's top lithium titanate actual battery production capacity, and the domestic top-ranked lithium iron phosphate actual battery production capacity. In addition, Gree Titanium New Energy also has a complete series of commercial vehicles, special vehicles, logistics vehicles and other models, among which the new energy bus industry ranks first.

Editor: Qin Qingbao