During the 2nd China Manufacturing Summit Forum on July 23, Dong Mingzhu, Chairman and President of Gree Electric Appliances, said: Gree New Energy Vehicle is the latest field of Gree's diversified development.
Dong Mingzhu told reporters: "After the acquisition, consumer-grade new energy vehicles have also been developed." This means that Gree will be involved in the field of household new energy vehicles. However, she also said that it will take some time for the mass production to go on the market and it is still being debugged. She revealed that all research and development of new energy vehicles will be temporarily placed in Zhuhai.
According to the reporter, Zhuhai Yinlong had two major businesses, new energy battery and new energy bus. Wei Yincang, chairman of Zhuhai Yinlong, said that Beijing Public Transport has used a large number of Yinlong titanium batteries and Yinlong pure electric buses. Of the more than 800 electric buses operating in the United States, 790 are using silver-plated lithium titanate batteries. â€
On July 5, 2016, Gree Electric announced that it plans to issue shares to raise funds for no more than 10 specific investors including employee stock ownership plans for the 100% acquisition of Zhuhai Yinlong.
Dong Mingzhu said that the acquisition of Yinlong is a fancy to its battery technology. "We should use it in combination with Gree, and our products will be extended to bring consumers a new experience of cost savings." She told reporters.
In addition, Dong Mingzhu also highlighted the layout of Gree in the field of intelligent equipment. She said that Gree has entered the large-scale smart equipment industry and cannot rely solely on foreign technology. She also hopes that Gree will supply the best CNC machine tools to the domestic market within two years.
According to the reporter's understanding, Gree has entered the upstream intelligent equipment field since 2013 and is capable of producing industrial robots, CNC five-axis robots and other industrial products. Since 2012, Gree’s cumulative investment in smart equipment has reached 20 billion yuan.
In addition to the field of new energy and smart equipment, Gree announced in 2013 that it will use the “Da Song†brand to enter the field of small household appliances. The layout of Gree in the mobile phone field has caused unprecedented attention from the outside world.
It is worth noting that although Gree has already begun to diversify its layout in the fields of mobile phones and small household appliances, it is the first time that Dong Mingzhu has made a clear statement to the outside world. How far does Dong Mingzhu’s new energy and smart equipment allow Gree to diversify? These questions will be left to netizens to think about it, remember to leave a message to Xiaobian!
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