Recently, Dong Mingzhu said at the first extraordinary shareholders' meeting of Gree Electric Appliances in 2022: "The most essential thing about power batteries is safety, so we call for the formulation of corresponding safety standards. In the field of technology, we will continue to innovate and break through. We focus on talent, technology and quality. ”
On August 31 last year, Gree Electric Appliances bid for 30.47% of the equity of Yinlong New Energy Co., Ltd., and Dong Mingzhu entrusted the voting rights corresponding to the 17.46% equity of Yinlong New Energy held by him to the company. After the completion of this transaction, Gree Electric Appliances will hold 30.47% of the equity of Yinlong New Energy, and jointly control 47.93% of the voting rights of Yinlong New Energy, yinlong New Energy will become the holding subsidiary of Gree Electric Appliances, and subsequently renamed Gree Titanium New Energy.
It is understood that Gree Titanium New Energy has the industry-leading lithium titanate battery in safety performance, the actual battery production capacity of lithium titanate, which ranks first in the world, and the actual battery production capacity of lithium iron phosphate, which ranks high in China. In addition, Gree Titanium New Energy also has a complete range of commercial vehicles, special vehicles, logistics vehicles and other models, of which the new energy bus industry ranks first.