He Xiangjian takes charge

According to a news release published on September 2012 by The Global HVAC&R Publication, JARN, on August 25, the Midea Group announced that its founder, He Xiangjian, had resigned from the position of Board Chairman and had taken the position of Board Chairman of Midea Holding, the controlling shareholder of Midea Group. Among the new board members of the Midea Group, Fang Hongbo took the position as the Board Chairman, Huang Jian was assigned as President, and Cai Qiwu, Yuan Liqun and Huang Xiaoming as Senior Vice Presidents, the news release added.