Core Viewpoint - Gree Electric Appliances has undergone significant management changes, with a focus on empowering younger executives while maintaining product quality and expanding overseas operations [1][3][5]. Management Changes - Gree Electric's annual shareholder meeting highlighted a notable increase in attendance, with approximately 400 shareholders present [1]. - The management team has seen substantial changes since 2025, with Dong Mingzhu remaining as chairwoman while Zhang Wei has taken over as president [1][5]. - Independent director Liu Shuwei praised the new management team, emphasizing their strong educational backgrounds and experience within the company [3][4]. Product Quality and Innovation - Liu Shuwei shared her positive experiences with Gree products, noting their durability and quality, particularly highlighting the longevity of Gree air conditioners [3]. - The company has introduced new products, such as the enamel pot, which has received favorable reviews despite its higher price point [3]. Focus on Talent Development - The new management team is characterized by long tenures within Gree, with many having over 20 years of experience, reflecting the company's commitment to internal talent development [5]. - Zhang Wei, the new president, emphasized continuity in Gree's mission while also focusing on enhancing product sales, quality, and team building [10]. Gree Titanium Business - Gree Titanium, a subsidiary, has faced challenges but is now seen as a potential asset for Gree Electric, focusing on lithium titanate technology and the electric vehicle sector [7][8]. - The company has streamlined operations by discontinuing unprofitable segments and aims to improve operational efficiency [7]. Overseas Expansion Strategy - Gree Electric's overseas revenue accounts for less than 15%, lagging behind competitors like Midea and Hisense, which have over 40% [9]. - The company is implementing localized strategies in international markets, achieving significant brand trust in regions like the Middle East and capturing a 50% market share in Canada's heat pump sector [9]. Future Outlook - The management team is focused on enhancing Gree's product offerings and market presence while fostering a culture of innovation and responsiveness to market demands [10].