For workers, five social insurances and one gold are an indispensable focus when paying wages every month. The larger the enterprise, the larger the amount of five social insurance and one gold contribution for employees will usually be. However, recently, Gree Electric Appliances, as a home appliance giant, has been exposed to "not paying the provident fund in full to employees".
A few days ago, a screenshot of the appeal reply letter of the Zhuhai Housing Provident Fund Management Center was circulated on social platforms. The reply shows that an employee has worked in Gree Electric Appliance Company for nearly ten years, but the company has only paid for the housing provident fund for 6 months in full.
As soon as the news came out, the entry immediately rushed to the hot search list, causing heated discussion among netizens. In this regard, Gree Electric Appliances is also an emergency response, saying that it is studying the supplementary payment plan, and the current housing provident fund supplementary payment amount is being further calculated, but the time for supplementary payment is not clear. The provident fund management center said it would continue to follow up on the follow-up progress.
According to the surging news, the Housing Provident Fund Management Center of Zhuhai City, Guangdong Province, responded that the documents are true, and it is not an isolated case in Gree, and similar problems of other employees are also being dealt with synchronously, and they have not yet been paid back.
Dong Mingzhu once promised "one person, one suite"
For this incident, some netizens said in the comment area, "Previously, Dong Mingzhu said that he would send a house to each employee, and if he really did not need a provident fund. ”
According to The China Fund News, in 2018, Dong Mingzhu publicly promised that "as long as it is a Gree person, one person and one suite." In 2018, Dong Mingzhu once made a bold statement at an event: "I encourage employees to do a good job, Gree will provide 80,000 employees with 2 bedrooms and a living room, as long as you work until retirement, the house price is not related to you." ”
In February 2021, when Dong Mingzhu talked about the details of the room division again, he said, "This year, we will soon put 3,700 sets of talent rooms, and then we must first realize one person and one suite for scientific and technological personnel." As long as the university students come, it is a suite. As long as you retire in Gree, this suite is for you. ”
Soon after in June, Gree's first batch of more than 3,000 talent apartments was officially completed and announced that it would be delivered for use. Dong Mingzhu also released a message from the media public account, "Dong Mingzhu did what he said, and promised to give Gree employees one person and one suite, really fulfilled." ”
However, some netizens held objections, saying that "the provident fund is a benefit that employees should have, and there is no conflict with the house".
Taking the protagonist of this incident as an example, after working in Gree for ten years, he did not work until he retired and left his job, which naturally did not conform to Dong Mingzhu's statement that "in Gree to retire, this suite will be given to you." "If you didn't get a house and didn't get a provident fund, wouldn't you have two dollars?"
At the same time, enterprises should also pay the housing provident fund on time and in full, and must not pay late or underpay. According to the Regulations on the Administration of Housing Provident Fund, Articles 37 and 38 of the Housing Provident Fund stipulate that if a unit does not register the housing provident fund or does not handle the formalities for the establishment of a housing provident fund account for the employees of the unit, it shall be ordered by the Housing Provident Fund Management Center to handle it within a time limit; if it is not handled within the time limit, it shall be fined between 10,000 yuan and 50,000 yuan. If the unit fails to pay or underpays the housing provident fund within the time limit, the housing provident fund management center shall order it to pay within a time limit; if it still does not pay within the time limit, it may apply to the people's court for compulsory enforcement.
The news is frequent, and the stock price is frequently falling
In recent times, the news of Gree Electric Appliances is really quite a lot. First of all, 5.5 billion yuan was paid out in a large sum, and then there was News such as Dong Mingzhu's re-election and Dong Mingzhu's proposal to carry out public interest litigation on 996, all of which were hot topics in the current period.
However, the stock price of Gree Electric Appliances on the other hand has nothing to do with "hot".
A few days ago, the stock price of Gree Electric Appliances just touched 30.65 yuan / share, setting a new low in the past three years, the company's stock price is currently hovering around 31 yuan, compared with the previous high point of 66.79 yuan / share, the decline has reached 54%.
The stock price of Gree Electric Appliances has fallen all the way, and investors have also bottomed out all the way. According to the latest data, as of September 30, 2021, the number of shareholders of Gree Electric Appliances reached 888,000, an increase of 24.25% month-on-month.
But at that time, the stock price of Gree Electric Appliances was still 38 yuan, and now it has further fallen to 31 yuan, so that in the past six months, the average loss of shareholders has reached 46,000 yuan. Whether to stick to the follow-up, shareholders also have different views.
Some people said that they would stick to it until they reached the age of 70, "as long as Gree does not ST, I will not sell."
Of course, some people said that they would run away when they took the dividend, bluntly saying, "There are still more than half a month of dividends, and strive to sell." ”
"Generous dividends" has always been the label of Gree Electric Appliances, and its dividend frequency and dividend strength have always ranked in the forefront of A shares.
According to the data, since its listing in 1996, as of 2020, Gree Electric Appliances has paid dividends 24 times, with a total dividend of 84.3 billion yuan. During the period, the company achieved a cumulative net profit of 190.8 billion yuan, with a dividend rate of 44%, which is also a major advantage of Gree to attract retail investors.
Gree is facing the problem of "breaking the game"
Judging from the latest performance, Gree Electric Appliance achieved operating income of 47.083 billion yuan in the third quarter of 2021, a year-on-year decrease of 16.50%; and achieved a net profit attributable to shareholders of listed companies of 6.188 billion yuan, a year-on-year decrease of 15.66%.
Compared with the performance of the same period in 2019, the results of Gree last year are really not ideal. This is mainly due to the price of copper, aluminum, steel, plastics, etc., the main raw materials of home appliances, all the way up, and the superimposed epidemic has repeatedly impacted residents' income and demand for home appliances.
Although 2021 is the "frustrated year" of white electricity enterprises, compared with the two white electricity companies of Haier and Midea, the performance of Gree Electric Appliances in the third quarter of 2021 is slightly inferior, lower than market expectations, and the former air conditioning "hegemony" status has been shaken.
The difference between the volume of Midea and Gree is not too big, but the market value of Midea Group has nearly doubled that of Gree Electric Appliances, and the stock price has nearly doubled; the market value of Haier Zhijia has also surpassed gree today.
In recent years, in addition to air conditioning, Gree has expanded its household electrical appliances to 38 categories, continuously improved its product lines such as refrigerators, washing machines, and rice cookers, and opened diversified development in the fields of mobile phones, chips, and new energy vehicles. However, the results achieved so far are very average.
At present, Gree Electric Appliances is facing many challenges. On the one hand, the performance growth of the main business is less than expected; on the other hand, the diversified development has not achieved obvious results. At the same time, it is also facing fierce competition from home appliance leaders such as Midea and Haier Zhijia, and the problem of "breaking the game" needs to be solved urgently.