Gree Electric chair Dong Mingzhu recently said rising copper input costs are
weighing on the company; copper now trades at roughly 5–6 times the price of
aluminum. Faced with higher costs, Gree will retain copper components to
preserve product quality and is prepared to absorb a profit loss of tens of
billions of yuan rather than switch to cheaper aluminum, which she said could
Undermining stability, reliability and durability and ultimately harming consumers.
