Dong Mingzhu photovoltaic panel air conditioner

Who is Dong Mingzhu?

Dong Mingzhu is known for her innovative ideas and her courage to challenge the status quo. As a young sales manager she led her team out of a destructive price war by supporting sales dealers and changing the base of competition. As a result, Gree became China’s top producer and seller of air-conditioning units.

What did Dong Mingzhu do in 2021?

At the ending of 2021, we tried to sum up the past year of Dong Mingzhu and found that as an entrepreneur, Dong has always had a clear goal in three key words: talent cultivation, quality management and low-carbon development. 1. As a freshman in the workplace, you need an “all-round boss”

Did Dong Mingzhu have a 'win-win' approach?

And then trust follows naturally.” Zhang Tingwei, a business writer and author of the 2007 book “Dong Mingzhu, Marketing Queen,” says Ms. Dong had a “win-win” approach, still somewhat unusual in China, and, in the 1990s, almost unheard of.

Who dominates China's air conditioner market?

Gree dominates China’s air conditioner market with 35%, according to Euromonitor International, though its dominance has diminished over the past few years. Its market share is down from about 40% in 2013, reflecting competition from rivals Haier Group Corp. and Midea Group Co. Ltd.

Did Xi Jinping talk to Dong Mingzhu?

Dong: Yes, General Secretary Xi Jinping talked to me, saying: Dong Mingzhu, you have carried out a good advertisement full of positive energy! I am very honored and touched by his praise to me. Guangdong in the past has imitated or used the technologies and talents of others.

What happens if Dong's Gezhen buys Zhuhai Hillhouse?

After the transfer, the three current shareholders’ stakes reduce to 38% for Zhuhai Hillhouse, 11% for Pearl Brilliance and 10% for HH Mansion. Dong’s Gezhen will invest 4.3 million yuan to obtain a 41% stake in Zhuhai Yuxiu, becoming the largest shareholder.