Gree Group has changed its "new head", but why is Dong Mingzhu's "Iron Throne" still indestructible?
If you want to talk about this, you have to act according to market principles and company law. That is, in any company, equity is the right to speak. In the list of shareholders of Cha Gree Electric Appliances, the proportion of shares of Gree Group is too low, only 19.4 billion shares, accounting for only 347%。A proper minority shareholder. Therefore, the arrival of Kang Hong, the new head of the "Gree Group", like his predecessor Zhou Lewei, still only manages the Gree Group, and can only exert the power of a minority shareholder to Gree Electric Appliances.
To put it simply, Gree Group is Gree Group, Gree Electric is Gree Electric, and they are not a company
In the past, Gree Group was the majority shareholder of Gree Electric Appliances.
When Gree Electric Appliances was just listed in 1996, Gree Group held 60% of Gree Electric Appliances
In 1998, Gree Group's shareholding fell to 5535%
In 2000, it fell to 5028%
In 2006, it fell to 4084%
In 2007, it fell to 2258%
At the end of 2019, Gree Group and Zhuhai Mingjun signed the "Share Transfer Agreement", and Zhuhai Mingjun won 4166.2 billion yuan to acquire 15% equity of Gree Electric Appliances.
After the completion of the equity transfer, Gree Electric Appliances has changed from a listed company controlled by Zhuhai state-owned assets to an enterprise without a controlling shareholder and actual controller, and the shareholding ratio of Gree Group has increased from 1822% down to 322%
At present, Gree Group only has Gree Electric 3About 4% of the shares.
Gree Group has been slowly withdrawing from Gree Electric Appliances and is constantly taking profits.
Because Gree Group is originally an investment company, the investment project is mature, and it will slowly withdraw and take profits when it makes money.
Although they are all called Gree, now the difference is getting bigger and bigger, and it doesn't matter anymore.
Now Gree Electric has no actual controller, and it is a famous enterprise.
The major shareholder is Hillhouse Capital, and many of the funds in it are also very complicated.
February** Dynamic Incentive Program
It is said that it has a lot to do with Dong Mingzhu, so it can also be said that there is a lot of capital on Dong Mingzhu's side among the major shareholders of Gree Electric Appliances.
Even if Dong Mingzhu is no longer the chairman of Gree Electric Appliances, he will not lose control of Gree Electric Appliances, which is the foundation for him to sit firmly in Diaoyutai.
Therefore, this news can be on the hot search purely because Dong Mingzhu has its own traffic, and everything about her is easy to be searched
*I know that many people can't tell the difference between Gree Group and Gree Electric Appliances, so I keep reporting this matter and making this matter a hot search.
It is to create a feeling that Gree Electric is going to change the chairman, and Dong Mingzhu is going to step down as the chairman of Gree Electric Appliances.
That's all. Let's talk about the situation of Gree Group, which was founded in March 1985With "capital operation + industrial investment + industrial introduction + carrier construction + service operation" as the main line of comprehensive development pattern.
It mainly invests in high-end manufacturing, and has built a total subscription scale of more than 106.5 billion yuan, a total of 75 industrial clusters, and a total of 194 industrial projects and local projects in Zhuhai, with a total investment of 198300 million yuan.
This time, Zhuhai Gree Group changed its chairman.
As of the end of 2023, Gree Group's total assets exceeded 113.2 billion yuan and the total owner's equity exceeded 48.3 billion yuan.
This time, Gree Group has changed its chairman, and will continue to invest in various emerging industries in the future.
For the investment in Gree Electric Appliances, it is estimated that the current proportion will be maintained, and there will be no special changes.
That's pretty much the case.