On July 19 and 16, the signing ceremony of strategic cooperation between Gree Electric and John Wan Energy Development Co., Ltd. (hereinafter referred to as John Wan Group) was held in our city. Dong Mingzhu and Chen Zemin, Chairman of John Wan Group, attended the signing ceremony, and had in-depth communication on the product layout and development concept of the two companies, and reached a * * * consensus on the importance and urgency of the development and utilization of middle and deep thermal energy. At the same time, the two sides plan to cooperate to promote the development and utilization of clean energy, especially.
Gree Electric insiders told the Securities Daily reporter that the two sides cooperated at the professional level.
This is another cross-border after Dong Mingzhu announced the production of chips, and Gree Electric entered the field of clean energy development for the first time. At present, no more information about the cooperation projects and the specific amount has been disclosed.
According to public information, John Wan Group was established in 2008, headquartered in Zhengzhou, Henan Province, and is committed to the development and utilization of clean energy, focusing on urban geothermal energy central heating.
Before Gree Electric, John Wan Group also signed a cooperation agreement with the nuclear power Kunhua Energy Development Co., Ltd. under the core group on July 18, 2008 to establish a strategic partnership. Through the cooperation between the two parties, it intends to expand the geothermal heating industry.
In fact, since the end of last year, the investment trend in Gree Electric has been continuous. For example, the company invested 3 billion yuan to participate in Wen Tai Science and Technology, one of the leading ODM enterprises with the largest mobile phone shipments in the world, and acquired the project of Anshi Group, the world's largest semiconductor manufacturer, to further develop on the road of core building.
According to the announcement of Gree Electric, the above reorganization was approved by the CSRC on June 25th, 2009. After the completion of this restructuring transaction, Gree Electric directly owns 35.859 million shares of Wen Tai Science and Technology, and Zhuhai Lin Rong Joint-stock Investment Cooperative Enterprise owns 92.42 million shares of Wen Tai Science and Technology, accounting for 65.438+00.98% of the shares of Wen Tai Science and Technology.
In addition, Gree Electric also invests in upstream enterprises to deepen the deep integration of the company's industrial chain. According to relevant announcements, Gree Electric signed a stock reservation contract with Xinjiang Volkswagen, an important supplier of high-pressure foil materials, on June 27th, 20 19, and plans to reserve 458,765,438+060,000 shares of Xinjiang Volkswagen and make it the third largest shareholder with its own funds of 200 million yuan.
Regarding this strategic stock investment, Gree Electric said that it will help to improve the company's supply chain system and provide the company with a stable supply of raw materials. In addition, the deep cooperation with Xinjiang Zhonghe can accelerate the popularization of the company's emerging industrial products and form a close strategic cooperative relationship.
Dong Mingzhu, President of Gree Electric, said at the shareholders' meeting that he hoped that Gree Electric would achieve the sales target of 600 billion yuan in 2023, and at the same time, he assured shareholders that the annual growth rate would be 10%.
As for Gree Electric's frequent foreign investment, senior brokers told the Securities Daily reporter: With the air-conditioning business basically touching the ceiling, it is difficult for Gree Electric to achieve the revenue target of 600 billion yuan in 2023 proposed by Dong Mingzhu, and it is necessary to find a new development direction. How to choose the direction of Gree Electric needs to observe how to make efforts in the field of clean energy.
Judging from the performance data of Gree Air Conditioning, the performance growth rate of Gree Electric was around 30% in previous years, and the annual growth rate of Dong Mingzhu at the shareholders' meeting was only 10%. This also indicates that the air-conditioning market will enter a cold year in 2065,438+09, industry insiders said.