Dong Mingzhu announced that he would issue an additional 200 million year end bonuses

Mondo Social Updated on 2024-02-01

Dong Mingzhu, chairman of Gree Electric Appliances, announced:

Gree will take out an extra 200 million yuan to give employees a year-end bonus.

Subsequently. Dong Mingzhu announced that he would issue an additional 200 million year-end bonuses

The topic is on the hot search.

There are many netizens who said.

It's another day of envy for Gree employees

On January 28, 2024, Gree Electric once again held a party of more than 10,000 people.

At the Gree 2024 Global Dream Ceremony, Dong Mingzhu, chairman and president of the company, publicly announcedwill take out an extra 200 million yuan to give employees a year-end bonus。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 responsibilityIt's not a simple factory, and it's not a factory made for profit

Dong Mingzhu is also committed to improving the overall quality of life and career satisfaction of employees through the implementation of such measures as improving employee compensation and benefits, implementing internal housing programs (such as Gree's housing policy), and investing heavily in education and training talents, so as to achieve dignified labor for employees. At the level of corporate culture, she firmly opposes the use of discriminatory words to refer to employees, emphasizing that all Gree employees are part of the Gree family and should be treated equally and respected. Such measures are not only conducive to enhancing employees' sense of belonging and loyalty, but also an important driving force for the sustainable development of enterprises.

It is worth mentioning that Gree Electric has crossed the threshold of 200 billion yuan again after four years, and the total operating income in 2023 is expected to reach 205 billion yuan to 210 billion yuan, and the net profit attributable to the parent company will reach 27 billion yuan to 29.3 billion yuan. Dong Mingzhu said,Gree Electric's performance hit a new high last year and strives to double in the next five years

Six years ago, Gree Electric also held a "re-sailing" party for more than 10,000 people on May 16, 2018, and the total operating income of that year exceeded 200 billion yuan to 2000 for the first time2.4 billion yuan, and the net profit attributable to the parent company was 26.2 billion yuan. In 2019, Gree Electric introduced strategic investors and completed the mixed ownership reform, and Zhuhai Mingjun, which has a Hillhouse background, became the major shareholder, and Gree Electric Appliances changed from a state-owned holding company to no actual controller. In 2019, the total operating income of Gree Electric Appliances reached a new high of 200.5 billion yuan, and the net profit attributable to the parent company was 24.7 billion yuan.

Later, after three years of the impact of the epidemic, Gree Electric's total operating income in 2020, 2021, and 2022 fell to 170.5 billion yuan, 189.7 billion yuan, and 190.2 billion yuan respectively. After the epidemic, the air-conditioning industry will recover after a three-year trough in 2023**, Gree Electric will focus on the air-conditioning industry, enrich product categories, expand sales channels, and focus on diversified fields such as high-end equipment, industrial products, and green energy, achieving double growth in revenue and profit, and achieving a record high performance.

In the face of more than 20,000 overseas and domestic dealers, guests and Gree employees at the scene, Dong Mingzhu said at the party on the 28th that innovation is the vitality of the enterprise in the manufacturing industry, and the best performance of Gree Electric Appliances in the 33 years since its establishment in 2023 comes from innovation. In 2023, Gree Electric will pay 17.6 billion yuan in taxes, and hopes to pay more than 20 billion yuan in taxes in 2024. In the past five years, Gree Electric has paid an average annual dividend of more than 14 billion yuan

In addition to innovation, it is also necessary to have an altruistic spirit. Dong Mingzhu said that Gree Electric has developed mine air conditioners, so that the mine workers who were originally shirtless can live with dignity; It has also developed preservation equipment for fruit farmers, which can allow lychees to be shipped overseas; In addition, Gree also continues to iterate on air conditioners combined with photovoltaic energy storage to help reduce carbon emissions.

At present, in addition to air conditioners and electrical appliances, Gree Electric also has CNC machine tools, robots, molds and other businesses, and the key core components are also manufactured by itself. "Smile curve" without the manufacture of the bottom, can you still laugh? Dong Mingzhu said that Gree Electric is to do the manufacturing of the bottom of the "smile curve", and now it is in its own hands for R&D and sales. "Looking ahead to the next five years, we aim to double [performance]. ”

Some people expect that 2024 will be a "small year" for the household air conditioning industry. The reporter learned that Gree Electric is increasing TOB's ** air conditioning business. On the morning of January 28, the green energy ** air conditioning factory located opposite the Zhuhai headquarters of Gree Electric Appliances was officially put into operation. Gree is also increasing the cultivation of talents. The party was held at Zhuhai Gree Vocational College, which was officially founded by Gree Electric last year.

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