Zhang Ruimin: The Man Who Transformed a Failing Refrigerator Factory Into the Haier Empire
ABE Magazine | ABE Founders | October 31, 2026 In December 1984, Zhang Ruimin arrived at a struggling refrigerator factory in Qingdao, China. The business was losing money, its products were failing to attract customers, and employee confidence had deteriorated. Few could have imagined that the factory would become the foundation of one of the…