Gree Electric s revenue has returned to 200 billion after five years, what kind of rhetoric did Dong

Mondo Technology Updated on 2024-02-02

On the evening of January 28, Dong Mingzhu, chairman of Gree Electric Appliances, was at the Gree 2024 Global Dream CeremonyRepresentationGree Electric 2023Annual revenue and profitand tax contributions have reached new highs, which will be the company's revenue figure since 2019 to return to the 200 billion yuan mark. According to its disclosure, in the past five years, the average dividend of Gree Electric has exceeded 14 billion yuan per year. In addition, Dong Mingzhu also announced,An additional 200 million yuan will be invested in the year-end bonus for employeesIf you look at the total number of employees of the company at the end of 2022, the per capita year-end bonus is about 2,700Yuan. Dong Mingzhu also made a bold statement at the ceremony, elaborating on the future performance outlook and development plan. On January 29, the share price of Gree Electric Appliances rose, and as of **, the increase reached 416%。

Since its establishment, the company's performance has reached a new high

On the evening of January 28, Dong Mingzhu mentioned the overall situation of the company's performance in 2023 at the event that gathered nearly 30,000 Gree Electric employees, dealers and others, according to her, Gree Electric's annual revenue in 2023 will be about 205 billion yuan, the profit will be about 29 billion yuan, and the tax will be 17.6 billion yuan. She also highlighted that the data are all record highs. This will be the second time that the company's revenue has exceeded the 200 billion yuan mark since 2019.

According to the previously released performance forecast, it is expected that the revenue value range in 2023 will be 205 billion yuan to 210 billion yuan, an increase of 7 from the previous year8% to 1044%, especially net profit is expected to increase by 10% year-on-year2% to 196%, reaching 27 billion yuan to 29.3 billion yuan. The company plans to release its 2023 annual report on April 30. Dong Mingzhu's profit of about 29 billion yuan revealed at the meeting is close to the upper limit in the previous performance forecast.

Since the establishment of Gree Electric Appliances, 2023 is the best year for achievements. At the meeting, Dong Mingzhu also showed a set of data, since 2012, Gree Electric has achieved revenue of 1,876.7 billion yuan, a cumulative net profit of 230.4 billion yuan, and a cumulative tax payment of 1,534400 million yuan, during which the company also paid a total of 1067 dividends to shareholders600 million yuan. In the past five years, Gree Electric has paid an average of 140 dividends per year7.3 billion yuan.

Spend 200 millionSubsidy year-end bonus distribution

At this conference, Dong Mingzhu announced that Gree will take out an additional 200 million yuan for the year-end bonus of employees. On January 29, the topic of "Gree takes 200 million yuan to give employees year-end bonuses" appeared on the hot search.

In Dong Mingzhu's view, in order to let employees work with dignity, altruistic thinking is conducive to the development of enterprises, so we must treat everyone well. She also emphasized that Gree Electric has its own mission and responsibility, not a simple factory, let alone a factory for profit. Dong Mingzhu said that the success of Gree is inseparable from the hard work and dedication of every employee. Therefore, the company decided to reward the efforts and contributions of employees with generous year-end bonuses.

Throw out the five-year performance doubling target

Nandu Big Data Research Institute noticed that at this party, Dong Mingzhu also made many bold statements and set new goals. Regarding the stock price, Dong Mingzhu said that Gree Electric does not care about the stock price, "we do not rely on the stock price to survive" and "we are the most responsible enterprise for shareholders". Dong Mingzhu also shouted to shareholders, "I believe that shareholders are patient with Gree and should hold Gree for a long time."

In recent years, the share price of Gree Electric has fluctuated greatly, from 5 yuan shares in 2012 to 56 yuan shares at the end of 2020, and the stock price has reached a new high. Since then, the share price of Gree Electric has begun to fluctuate and decline, and since 2023, the stock price has hovered between 30 yuan and 40 yuan shares. As of January 29**, Gree Electric Appliances closed at 3506 yuan shares, up 416%。

Today, we look back at 2023, the achievements and growth of the past 33 years, and look to the future, and we will strive to double in the next five years. Dong Mingzhu said.

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