1. has fewer shares, and Gree Group is wholly-owned by Zhuhai SASAC, and was originally the major shareholder of Gree Electric. At the beginning of this year, Gree Electric completed the mixed reform, and Gree Group transferred its 0/5% equity of Gree Electric/KLOC-0 to Gaoyao Capital at a price of 4 166 billion yuan. After the completion of the transfer, Gree Group only retained 3.22% of the shares, and changed from the controlling shareholder to the minority shareholder. In the future, Gree Group will be transformed into a state-owned capital investment and operation platform.

2. Different strategies. Although Gree Electric's Dong Mingzhu and Lei Jun "don't deal with", another Gree has become a close investment partner of Xiaomi. According to the latest news, in early September, Gree Group invested 3.545 billion yuan in Xiaomi.

The official WeChat account of Gree Group announced that recently Gree Group signed a strategic cooperation agreement with Xiaomi Group and China CITIC Bank, and the three parties agreed to carry out in-depth cooperation in industrial funds, financial services, industrial investment, project cooperation and resource sharing.

It is understood that the 3.545 billion yuan invested by Gree Group is the Xiaomi Industrial Fund initiated by Xiaomi, which mainly focuses on the Xiaomi ecological chain and quality suppliers in the fields of integrated circuits, artificial intelligence, industrial Internet, core equipment and cutting-edge technologies.

3. Affiliation: Gree Group used to be the largest shareholder in Gree Electric, but after selling its shares in recent years, the former is only a member of the latter's common shareholders. In April last year, Gree Electric announced that Gree Group intends to transfer 65,438+05% of its total share capital in Gree Electric by publicly soliciting the transferee. Upon completion of the transaction, Gree Group's shareholding in Gree Electric will be reduced to 3.22%.