iconJul 5, 2024 17:00
Source:SMM
At the Gree Electric's shareholders' meeting in 2023, Chairman and CEO Dong Mingzhu discussed the impact of rising copper prices on the company's gross profit this year. She pointed out that although some air-conditioning companies have begun to consider using aluminum instead of copper, Gree will not follow suit for the time being. Dong Mingzhu emphasized Gree's philosophy of always putting quality first, stressing that quality is the most important consideration. She said that cost issues would only be considered under the condition of equal quality. Dong Mingzhu emphasized that for an excellent enterprise, responsibility is very important, and it must be responsible for the country, shareholders, and employees. Although the rise in copper prices has brought some pressure to Gree this year, Gree will continue to uphold the principle of quality first.

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