At the beginning, Dong Mingzhu resolutely threw himself into the road of new energy vehicles despite the opposition of everyone, during which he was ridiculed and questioned. A few years have passed, how has Gree Automobile developed? Recently, the industry's ranking is very surprising, when the public thinks that Dong Mingzhu is in the whirlpool of being "deceived" by billions, it is not known that she has come to a big reversal!
Dong Mingzhu has always been the representative of "strong women", when she went to Zhuhai to do business, after her own efforts, she finally became the president of Gree Air Conditioning, and also brought Gree Air Conditioning into the top 500 enterprises, which shows how strong her strength is, and her strong and sharp language has also become the focus of everyone's attention.
When Foxconn and Xiaomi announced car manufacturing this year, in fact, as early as five years ago, Dong Mingzhu had already dabbled in the field. At that time, she led Gree to buy a new energy automobile company - Yinlong for 13 billion yuan. Although it was finally rejected by the shareholders' meeting, she decided to pay for it herself and find Wang Jianlin, Liu Qiangdong and other business leaders to invest 3 billion yuan together. Later, she came forward many times, so that she directly became the second largest shareholder of Yinlong New Energy.
Of course, Miss Dong's road to car building is very bumpy, first the dream of listing of Yinlong Company is broken, and then the company is exposed to many drawbacks such as senior management infighting and heavy debt, and there is a deviation from the business philosophy of Wei Yincang, the former chairman of Yinlong. In the first two years, Wei Yincang even left the United States with billions of dollars, leaving a mess, and Miss Dong was once again reduced to everyone's talking point after dinner.
"Yinlong is gold buried in the sand, and Gree wants to pull the sand out through acquisition." Dong Mingzhu decided that one thing would not be easily abandoned. In August of this year, Gree bought about 30% of the company's shares for 1.83 billion yuan, and many people said that she was "stupid and has a lot of money", but the latest data shows that Dong Mingzhu punched the face of this group of people.
Not long ago, the authoritative organization media released the new energy bus sales list of more than 7 meters, Yinlong New Energy's sales volume in September ranked third in the industry, with a sales increase of 1647.37% month-on-month; the cumulative sales volume from January to September 2021 rushed to the fourth place in the industry, an increase of 180% year-on-year, which is the most obvious growth in production and sales in the industry. And at the beginning of 2021, Yinlong New Energy Testing Center was recognized by the state, was awarded the CNAS accreditation qualification, and obtained hydrogen fuel cell vehicle testing access support, involving multiple fields, becoming a comprehensive new energy group, and was selected as one of the top 500 global new energy enterprises for six consecutive years.
According to the current public information, Yinlong has assets of about 5.4 billion, while Gree only has 1.8 billion to control its dominance, and now you still think that Miss Dong is "stupid and has a lot of money"? Miss Dong's entire "car building" process can be said to be breathtaking. Looking back, the acquisition of Yinlong is not only not Dong Mingzhu's failure, but Dong Mingzhu's divine stroke! I also hope that Gree "building cars" will not be "pulled across" like Gree mobile phones, and look forward to surprises to everyone in the future.