"We are standing on the top of the mountain with stars on the top of the head." Dong Mingzhu, chairman and president of Gree Electric, said, "We will not be intimidated by difficulties."
At the "Gree 2018 re-launching" evening held on the evening of May 16, Guohai Hang, secretary of the Zhuhai Municipal Party Committee, said that he strongly supported the entity represented by Gree and hoped that Gree would further expand and strengthen its main business; wish young Ms. Dong Mingzhu Leading young Gree Electric Appliances to make their careers more brilliant.
Gree Electric Appliances, established 27 years ago, is a state-owned listed company in Zhuhai. Various kinds of information show that Dong Mingzhu has no suspense in re-electing the chairman of the company in the election of the board of directors of Gree Electric Appliances to be held this month.
In this evening, which was defined as the past and the future, Dong Mingzhu said that the past achievements have passed, and Gree Electric will hit the target of 200 billion yuan in 2018.
Dong Mingzhu was elected as the new chairman of Gree Electric Appliances in May 2012. In the same year, Gree Electric Appliances reached a goal of 100 billion yuan and its total operating income reached 100.11 billion yuan.
In the past five years, regardless of the ups and downs of revenue, Gree Electric's annual net profit has maintained steady growth. Its net profit attributable to shareholders of listed companies in 2017 reached 22.402 billion yuan, an increase of 44.87%. The profit growth is backed by strong R&D strength. At present, Gree has more than 10,000 R&D personnel.
At present, Gree's diversification is developing in both horizontal and vertical directions.
From the horizontal point of view, Gree extends from household air conditioners to white goods and small appliances such as refrigerators, washing machines, air energy water heaters, kitchen appliances, environmental appliances, etc., covering Gree, Jinghong and Dasong brands; from home air conditioners to commercial and Central air conditioning for homes, including photovoltaic air conditioning, energy Internet; and provide smart home service solutions and technical solutions, Gree mobile phone figure also flashed.
From a vertical perspective, Gree expands into the field of smart equipment, industrial products and molds upstream of the manufacturing industry. Among them, intelligent equipment covers industrial robots, CNC machine tools, sheet metal injection molding equipment, precision transmission components, intelligent environmental protection equipment, intelligent warehousing logistics equipment and service robots; industrial products include compressors, motors, capacitors, enameled wires; molds include cars Mold, home appliance mold, high punch mold.
Dong Mingzhu once said that smart equipment will grow into the second pillar industry of Gree Electric. However, unlike the competitor's acquisition of the German KUKA, which is rapidly expanding its robot and industrial automation business, Gree Electric has always emphasized the road of independent innovation and self-development.
Industrial robots are mainly composed of three core components: reducer, servo motor and control system. The core components of domestic industrial robots also rely on imports, and these core components account for nearly 70% of the total cost of industrial robots. Affected by this, the current main market share of the industrial robot market is still occupied by the “Four Big Family†of Swiss ABB, Japan FANUC, Japan Yaskawa, and Germany KUKA.
Gree "cross-border" into the field of industrial robots, the technology that can break through the upstream core components becomes the key. On the evening of May 16, Gree Electric announced that its high-performance servo motor and driver technology for industrial robots was identified by the expert group as reaching the international advanced level in early May this year, which will strongly support the future development of smart equipment business and become a new profit growth point of Gree Electric. .
It is not ruled out that Dong Mingzhu will promote the leap-forward development of Gree through the means of acquisition this year. At the same time that Gree Electric achieved its best performance in 2017, it announced that it would not pay dividends or distribute shares. On April 27, in the announcement to the Shenzhen Stock Exchange's letter of concern, Gree Electric revealed that it is planning and implementing a number of key investment projects, and will make a mid-term dividend of 2018 after clearing the funding demand and cash flow calculation as soon as possible.
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