Gree doesn t care about the stock price , Dong Mingzhu lied

Mondo Technology Updated on 2024-02-01

Zhou Hongyi, chairman of 360, said that Dong Mingzhu was born an Internet celebrity.

The "words and deeds" of Internet celebrities can always stir up the public's style.

No, Miss Dong's remarks have once again been on the hot search - "Gree Electric doesn't care about the stock price". The head of a listed company, who is not afraid of offending the shareholders who spend money with real money, can make such bold remarks, Miss Dong's courage is extraordinary.

The question is, does Dong Mingzhu really not care about the stock price? If you really don't care, why did Gree Electric release a performance forecast overnight after announcing the increase in the share price of Gree Titanium Company? And why did the company also carry out a ** buyback?

Sound east and west

To be obedient is to listen to the soundIf you listen to Miss Dong's words "don't care about the stock price" and listen to the other words, you will understand the real intention of Miss Dong when she said that she doesn't care about the stock price.

Previous sentence:"I still want to reiterate itGree Electric doesn't care about the stock pricebecause we don't survive on share prices. ”

Next sentence:"But some shareholders say, you don't care about the stock price, I care about the stock price,I believe that if you have confidence and patience in Gree, you should hold Gree's ** for a long time.

Previous sentence:"I've heard that many companies are trying to go public, because of lack of money, what should they do after they make money? You can cut leeks. So I often see thunderstorming enterprisesAs a good company, it is not supported by the stock price, but by the strength and technological innovation of the enterprise, so we are responsible for the shareholders

Next sentence:"In the past five years, Gree has paid an average annual dividend of more than 14 billion yuanThat's responsible business.

Closing sentence:

First sentence:2023 is the year in which Gree Electric has achieved the best results in its 33 years since its establishmentThe best results come from innovation. Looking to the future,In the next 5 years, we strive to double

Second sentence:The more you pay taxes, the more viable your business becomes. In 2023, Gree's profit will be about 29 billion yuanIn 2023, the tax revenue will be 17.6 billion yuan, a record highIt is hoped that in 2024, Gree Electric will contribute more than 20 billion yuan in tax revenue to the country. Since 2012, Gree Electric has achieved a 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.

Sentence 3: Gree SocietyTake out an extra 200 million yuan to give employees a year-end bonus

The fourth sentence: The core connotation of the Gree brand has been upgraded, and the brand slogan has changed from "let the world fall in love with Made in China" to "".Create a better life for mankind

Miss Dong is familiar with Sun Tzu's Art of War, and she uses this trick well. On the surface, it seems that you don't care about the stock price, but the focus falls on the aspects of "the best report card in history, shouting that shareholders should hold ** for a long time, announcing an additional 200 million year-end bonuses, and a new high in tax payment", which is to tell you: Gree is a ** worthy of your long-term holding!

The result? On January 29, the first trading day after Dong Mingzhu's remarks, as of press time, the share price of Gree Electric Appliances was **407% to 3503 yuan.

StillIn the past five years, the share price of Gree Electric has dropped from the highest point of about 70 yuan in 2020 to about 35 yuan today. I'm afraid to save the stock price of Gree Electric, Miss Dong is still brewing and working hard to ......

*: Straight flush.

Save the stock price

There is no public company that doesn't care about the share priceJudging from the previous series of "saving the stock price" incident, Dong Mingzhu is not unconcerned about the stock price.

On the evening of December 19, 2023, Gree Electric announced that it intends to acquire Gree Titanium 24. held by 12 counterparties for more than 1 billion yuan**54% stake. After the transaction, Gree Electric's shareholding in Gree Titanium will increase to 5501%。plus Dong Mingzhu's personal holdings of 17The voting rights of 46% of the shares, the voting rights of Gree Electric Appliances in Gree Titanium will be increased to 7247%。

The purpose of increasing the holdings of Gree Titanium is to further increase the energy storage business and increase investment in the new energy track. Unfortunately, the capital market did not buy it.

On December 20, the share price of Gree Electric Appliances fell by more than 7%, hitting a new low in the year. (For details, please see the previous report: Capital will be the army of "Dong Mingzhu and Gree Electric").。Many investors questioned the practice of increasing their holdings, believing that Greti's performance was not satisfactory and the profit prospect was still unclear.

Faced with a flash crash in stock prices. In the early morning of December 21, Gree Electric Appliances released a rare 2023 annual performance forecast, showing that the net profit attributable to the parent company is expected to be 27 billion yuan and 29.3 billion yuan this year, a year-on-year increase of 102%-19.6%。The full-year revenue and net profit may exceed 2018 across the board, hitting a record high.

This swift action has worked well. As of December 21**, Gree Electric reported 3149 yuan shares,**2.24%。

At the same time, Gree launched a buyback program. On the evening of January 1, Gree Electric announced that as of December 29, 2023, the company has completed the share repurchase plan, with a total of **918980,000 shares, accounting for 163%, with an investment of 3 billion yuan.

According to the previous repurchase plan, the repurchase range of Gree Electric is 1.5 billion to 3 billion yuan, and from the actual completion of the situation, the company has implemented the above-mentioned repurchase plan. Since the release of the repurchase plan on October 30, 2023, the company has completed the repurchase task within 2 months.

Specifically, the first buyback occurred on November 7, with a single-day buyback amount of 3669460,000 yuan; As of December 11, the cumulative repurchase amount reached 201.3 billion yuan, the number of shares repurchased exceeded 1% of the total share capital; In the following more than half a month, nearly 1 billion yuan was repurchased again until the implementation of the repurchase plan was completed on December 29.

It is reported that all the shares repurchased this time are deposited in the special ** account for repurchase, and Gree Electric will choose the opportunity to implement equity incentives or employee stock ownership plans.

During this buyback, some executives of Gree Electric also had ** actions. According to the announcement, Deng Xiaobo, the company's director, vice president and secretary of the board of directors, **7,000 shares of the company during the repurchase period, and supervisor Duan Xiufeng **15630,000 shares. Gree Electric said that the above-mentioned two's ** trading behavior is an investment decision made by it based on public market information and personal judgment.

Therefore,Dong Mingzhu is not unconcerned about the stock priceOn the contrary, from the overnight release of performance forecasts, to the ** buyback, and then to the recent series of remarks on shareholders, employees, and the company's performance,These actions are a testament to its salvation and concern for the stock price.

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