In a groundbreaking move, Gree Electric convened its first extraordinary shareholders' meeting of 2025 at the Zhuhai Silicon Carbide Chip Factory, where the company deliberated on the proposal for electing a new board of directors. Notably, Dong Mingzhu is widely expected to be re-elected as both chairman and president. Since her appointment in 2001, Dong Mingzhu's personal brand has become inextricably linked with that of Gree Electric. While she has hinted at the identification of a successor, it was made clear that this individual is still undergoing rigorous training. The shareholders' meeting, held at the factory that commenced operations in 2024, boasts an installed capacity of over one million units of air-conditioning silicon carbide power chips. Dong Mingzhu emphasized that Gree's chips have been successfully developed in-house, without any reliance on state funding.