Dong Mingzhu talks about Gree s stock price! Calling out shareholders should hold for a long time

Mondo Technology Updated on 2024-02-01

Kunpeng Project

Gree Electric Appliances, as a leading enterprise in China's home appliance industry, has always attracted much attention. Not long ago, on the evening of January 28, Gree Electric Appliances held the eye-catching "Gree 2024 Global Dream Ceremony" in Zhuhai, and Dong Mingzhu, the outstanding leader of Gree Electric Appliances, delivered a thought-provoking speech at the meeting. In her speech, she revealed a series of information about Gree Electric, including profits in 2023, tax status, and views on Gree's stock price, employees, corporate innovation, and other aspects. What is particularly striking is that Dong Mingzhu firmly stated that Gree Electric does not regard the stock price as the primary concern, and she called on shareholders to firmly hold Gree's ** and pursue long-term investment returns.

First, let's take a look at the economic performance of Gree Electric. According to the information revealed by Dong Mingzhu at the ceremony, Gree Electric has made remarkable profits in 2023, which shows that the company is still performing well in the market competition. Gree Electric not only pays attention to its own profit situation, but also actively fulfills its corporate social responsibility and pays considerable taxes. This reflects that Gree Electric, as a leading enterprise in China, not only pursues economic benefits, but also cares about the development of the country and society.

Dong Mingzhu made it clear in his speech that Gree Electric does not care about the stock price. This view is different from the traditional way of corporate management, in which stock prices are regarded as one of the most important indicators of corporate value. However, Dong Mingzhu's opinion is not unreasonable. Stock price fluctuations are influenced by a variety of factors, including market sentiment, investor sentiment, industry trends, and more. If a company focuses too much on short-term stock price fluctuations, it can cause decision-making to be disrupted by stock price fluctuations and affect the company's long-term strategy.

In **, stock prices tend to be influenced by market sentiment and can fluctuate significantly in the short term. However, the true value of a company does not change due to short-term fluctuations in stock prices. As a mature enterprise, Gree Electric has strong R&D strength and market share, and its long-term value is stable. Therefore, Dong's view is to remind investors not to be swayed by short-term stock price fluctuations, but to value the company's long-term potential and value.

Dong Mingzhu called on shareholders to hold Gree ** for a long time at the ceremony, which reflects her confidence in the company. This confidence not only comes from the company's economic strength, but also from the stable position of Gree Electric in the home appliance industry for a long time. Holding for the long term** can lead to better long-term returns for investors, while frequent trading can increase transaction costs and trigger emotional anxiety due to short-term volatility.

For example, if an investor sells when the stock price is and then resells when the stock price is price, this strategy of frequent trading may lead to an increase in transaction costs, and the need to constantly make buying and selling decisions, which is easily disturbed by emotions. In contrast, if an investor chooses to hold for the long term**, they can enjoy dividend income and avoid the uncertainty that comes with frequent trading.

Dong Mingzhu also mentioned enterprise innovation in his speech. Innovation is one of the key factors for the long-term development of any business. Gree Electric has always been committed to R&D and technological innovation, which not only helps to improve product quality and performance, but also helps to meet the changing needs of consumers. In the highly competitive home appliance market, innovation is key to staying competitive.

For example, Gree Electric has maintained a leading position in the field of air conditioning, and has continuously introduced products with high energy efficiency and environmental protection characteristics. This innovation not only helps to attract consumers, but also helps to increase the company's market share. In the future, with the continuous progress of science and technology and the change of consumer demand, Gree Electric will continue to rely on innovation to promote the development of the enterprise.

To sum up, Dong Mingzhu's speech at the Gree 2024 Global Dream Ceremony reflects her confidence in Gree Electric and the importance of long-term value. Although the stock price may fluctuate in the short term, the value of Gree Electric as a company with strong strength and long-term potential is stable. Dong Mingzhu's call for shareholders to hold ** for a long time is a reminder for investors to value the company's long-term potential, rather than being swayed by short-term fluctuations. At the same time, Gree Electric will continue to rely on innovation to promote the development of the enterprise and maintain its competitive advantage in the home appliance industry. All this has laid a solid foundation for the future development of Gree Electric Appliances.

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