On February 9th, according to CCTV’s financial report, recently, Dong Mingzhu revealed a new plan: Gree began to March into automobile air conditioners. Dong Mingzhu said that in 2017, Gree officially entered the field of automobile air conditioning manufacturing through cooperation with Zhuhai Yinlong New Energy.
Dong Mingzhu said in an interview that Gree has been researching and developing automobile air conditioners for many years, and now the time is ripe to enter automobile air conditioners, and Yinlong New Energy Vehicle is a good entry point. Dong Mingzhu said: "As early as three or four years ago, we studied automobile air conditioning. Now we have completely controlled the technology of automobile air conditioning. We have provided automobile air conditioning for Yinlong Automobile and opened a door for our future automobile air conditioning in Gree."
Dong Mingzhu introduced that there are technical differences between automotive air conditioners and household air conditioners, and the use environment of automotive air conditioners is more complicated, requiring smaller compressor area but higher power. In the past few years, many enterprises are exploring to enter, although it is a professional automobile air conditioner manufacturer that has done well. However, Gree is still full of confidence in future market development.
"The manufacture and design of all compressors are independent research and development, so it is very easy for us to enter the automobile air conditioner. Yinlong has brought Gree a new breakthrough in the automobile field." Dong Mingzhu said.
Previously, on December 15th last year, Dong Mingzhu and three well-known enterprises, including Beijing Yanzhao huijin international Investment Co., Ltd., Dalian Wanda Group Co., Ltd. and Jiangsu JD.COM Bangneng Investment Management Co., Ltd., and five units and individuals jointly increased their capital by 3 billion, and acquired 22.388% equity of Zhuhai Yinlong. Among them, it has been made public that the subsidiaries of CIMC have increased their capital by 200 million yuan to become shareholders in Yinlong, accounting for about 1.5%, but the proportion of shares invested by Dong Mingzhu and Liu Qiangdong has not been made public yet.