Core Viewpoint - Gree Electric Appliances is making significant strides into the prepared food industry, with its chairman, Dong Mingzhu, taking a leading role in the Guangdong Prepared Food Equipment Industry Development Association [1][2]. Group 1: Company Initiatives - Gree Electric Appliances has been elected as the chairman unit of the association, with Dong Mingzhu as the chairman, indicating a strong commitment to the prepared food equipment sector [1]. - The company is focusing on integrating its resources into the equipment manufacturing sector of the prepared food industry, combining it with its existing home appliance and smart equipment businesses [1][2]. - Gree Electric is expected to play a pivotal role in promoting collaboration among member companies of the association, acting as a "bridge" to enhance industry synergy [2]. Group 2: Industry Outlook - The association currently has 40 member units from various sectors related to the prepared food industry, including research institutions, food processing, cold chain logistics, and equipment manufacturing, ensuring comprehensive coverage of the industry chain [1]. - Industry experts predict that the prepared food market in China could grow to a trillion yuan scale within the next 6 to 7 years, driven by a compound annual growth rate of 20%, which will create substantial demand for prepared food equipment [3]. - Gree Electric has previously announced plans to create a 100 billion yuan cold storage and cold chain equipment industry, attracting significant capital interest [3].