On May 22nd, Dong Mingzhu, Chairman and President of Gree Electric Appliances, announced that Gree Electric Appliances will establish sales companies for refrigerators, washing machines, and household appliances in each province of China. Previously, Gree Electric Appliances had established air conditioning sales companies in various parts of China, with refrigerators, washing machines, and household appliances sold through air conditioning sales companies. Faced with distributors from all over the country, Dong Mingzhu promised not to let them engage in loss making business and hoped that the distributors would become shareholders of Gree Electric Appliances.
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