President of Gree Electric Appliances Visits Realcold Components

East meets West – President of Gree Electric Appliances Visits Realcold

(L – R): Mr. Larry Lam, Vice GM of Gree Overseas Sales & Madam Dong Ming Zhu

Madam Dong Ming Zhu is one of the most accomplished women in China and has many accolades and awards to her name. Not only is she the President of Gree Electric Appliances, but in November 2003, she was granted the title of one of the "10 Most Powerful Chinese Women” at the first Global Chinese Women Conference. Madam Dong has also been named as one of the “50 Most Powerful Women in Business” by American Fortune in 2004, and in 2005, she was selected as one of the “10 Excellent Business Leaders” and the "10 Innovative People” to influence the future development trend of Chinese household appliances, just to name a few.

It is no wonder that Madam Dong is considered royalty in China, and in June 2008, took some time out from her very busy schedule to visit Realcold during her first visit to New Zealand. Realcold Components has been Gree’s New Zealand distributor since 2002 and have successfully marketed the Gree brand name around the country. The Free Trade Agreement signed earlier this year, further cemented the business relationship between Gree and Realcold making it a stronger partnership.

Within 10 years of starting up in 1991, Gree was manufacturing more than 1% of the world’s air conditioning production. Six years later in 2007, Gree was producing 15% of the world’s production of air conditioning units. This figure is estimated to rise to 20% in 2008, generating more than USD $6 billion.

This meeting was a great opportunity for Madam Dong and her colleagues to get a better understanding of New Zealand's air conditioning market. "Thank you for showing us the special kiwi hospitality. Whilst my visit to NZ may have been short, I feel that it was definitely a very successful trip. No doubt, with the strengthened working ties between Gree and Realcold, we will continue to achieve business success in this region," said Madam Dong.

The outcome of the 2 day discussions were very positive and we have Gree's full support and will be working together to introduce a more comprehensive Gree range to the market.