Dong Mingzhu: Diversification in the Refrigeration Industry

On December 22nd, the double-stage inverter compressor independently developed by Gree Electric was awarded the “International Lead” by the expert group. The original compression of the compressor was only one stage, and the application range of the air conditioner was generally -7 degrees Celsius to 43 degrees Celsius. After the technical innovation of two-stage compressor compression, the application range of air conditioning can be extended to -30 degrees Celsius to 5 degrees Celsius, and heat pump water heaters can also be used north of the Yangtze River in the future.

Dong Mingzhu said: "Gree will continue to stick to specialization after the one hundred billion, but it will achieve diversification in the field of refrigeration." For example, in the motor, compressors and other upstream components of the core technology to do more research, and even extend the application of the motor To another industry.

Gree recently reconstructed and upgraded a large number of specialty stores. Jinghong refrigerators and water purifiers also entered the Gree store. Dong Mingzhu said that some Gree stores have expanded to 1,000 square meters. "Geli stores don't necessarily sell Gree's products, but they must be quality products. I want more of our small home appliances (to do this)." Gree stores can provide integrated home furnishings for kitchen appliances, air conditioners, water, and heating in the future. design.

Therefore, she does not believe that e-commerce will replace physical stores. In particular, there are still many service problems after the sale of air conditioners and water purifiers. Although Gree Electric will certainly develop e-commerce, e-commerce and physical stores will be co-existing.

In response to the recent reduction of the two shareholders, Dong Mingzhu responded for the first time that it was normal for shareholders to increase or reduce their holdings. "If the company does not, it depends on the company's statements to see how it is operating, not to see who owns it." Dong Mingzhu said, "I am the operator and I am responsible for all shareholders. Instead of changing one shareholder today, I will Not responsible."

"I am very confident about Gree. The volatility of stock prices is determined by the psychological factors of investors. I have always said that I am responsible to investors and not to speculators. Therefore, we do not need to worry about it." Dong Mingzhu said.

At present, except Gree Electric and Gree Real Estate, other businesses only account for 0.2% of Gree Group's revenue. Dong Mingzhu said: “I now hope that the group itself will exert itself to make itself alive and healthy. I also hope to cultivate excellent talents to support the development of the group. I will put more energy on electrical appliances because electrical appliances are a huge enterprise. Continuing the leading edge of technology and cultivating the team at the same time, let more dedicated people take the lead.