Gree Electric Vice President Wang Kai Appointed Last Year with Annual Compensation of 3.1 Million Yuan Plus Stock Holdings

Gree Electric Appliances,Inc.Of Zhuhai disclosed its 2025 annual report on April 28, revealing that Vice President Wang Kai received a pre-tax compensation of 3.104 million yuan for the year. It is noteworthy that Wang Kai was appointed as vice president in April 2025, indicating a favorable compensation package.

Public information shows that Wang Kai was born in 1975. He joined Gree Electric Appliances,Inc.Of Zhuhai as an assistant to the president in 2019. He was promoted to vice president in April 2025, accumulating over six years of service at the company. According to the annual report, his 2025 pre-tax remuneration of 3.104 million yuan is considered relatively high among the senior executives whose compensation was disclosed.

Furthermore, as a newly appointed vice president, Wang Kai held 767,100 shares of Gree Electric Appliances,Inc.Of Zhuhai stock by the end of 2025, placing him in the mid-to-upper range among executives. This demonstrates the company's significant regard for his role.

In 2025, Gree Electric Appliances,Inc.Of Zhuhai faced considerable performance pressures. The company reported annual operating revenue of 171.1 billion yuan, a decrease of 9.96% year-on-year. Net profit attributable to shareholders was 29 billion yuan, down 9.89% compared to the previous year.

By business segment, consumer appliance revenue was 133.1 billion yuan, declining by 10.44% year-on-year. Revenue from industrial products reached 17.381 billion yuan, a slight increase of 0.77%. Revenue from intelligent equipment was 681 million yuan, showing significant growth of 60.51%, although from a small base and contributing minimally to overall performance.

While Wang Kai's specific responsibilities within Gree have not been detailed in the annual report, his background is viewed externally as a distinctive attempt by the company in corporate management. His progression from assistant to the president to vice president over several years at Gree Electric Appliances,Inc.Of Zhuhai is seen as validation of his capabilities.