Fang Hongbo
Position: Chairman of Midea Group
Meeting Date: April 12, 2013
Midea Group recorded 102.7 billion yuan in sales in 2012, and has projected 15 percent sales growth in the next three to five years. The net profit growth rate is expected to be higher than 15 percent. Fang Hongbo said the company will continue to increase gross profit margins.
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Fang Hongbo (middle), Chairman of Midea Group, attends the inauguration of the new headquarters building of Midea in Guangzhou city, south Chinas Guangdong province, Oct 29, 2010. [Photo / IC] |