
Core Viewpoint - Gree Electric Appliances announced the candidates for its new board of directors, with Dong Mingzhu re-elected and new faces expected to join the board, indicating a potential shift in leadership dynamics within the company [1] Group 1: Board Composition - Dong Mingzhu, born in 1954, has been the chairperson since 2001 and holds approximately 101 million shares, representing about 1.79% of the company, valued at over 4.1 billion [1] - The new board candidates include non-independent directors Dong Mingzhu, Zhang Wei, Zhang Jundu, Shu Lizhi, and Zhong Chengbao, while independent director candidates are Zhang Qiusheng, Cheng Ming, Li Hongqi, and Weng Guomin [1][2] - Zhang Wei and Zhang Jundu are familiar faces on the board, with Zhang Wei serving since January 2019 and Zhang Jundu since May 2012 [2] Group 2: New Candidates - Shu Lizhi joined Gree in December 2019 and has been the vice president since December 2020, previously working at the National Audit Office [3] - Zhong Chengbao, a product of Gree's internal training, has held various technical positions since joining in 2008 and is currently the chief engineer and assistant to the president [3] Group 3: Departing Members - Two non-independent directors, Guo Shuzhan and Deng Xiaobo, were not nominated for the new board, with Guo having served since January 2019 and Deng since November 2020 [4] - Three independent directors, including Liu Shuwei, were not nominated, with only Zhang Qiusheng being re-nominated [4]