Dong Mingzhu: The white horse stocks with 100% Grey will not explode thunder and thunder are not real white horse stocks.


Dong Mingzhu: Grey 100% will not explode thunder, thunder-exploding white horse stocks are not real white horse stocks.
Recently, in Fortune magazine’s ranking of the world’s top 500 in 2019, the number of Chinese enterprises on the list reached 129, surpassing 121 in the United States for the first time, and becoming the country with the largest number of top 500 enterprises in the world.
The program Dialogue, which will be broadcast at 9:48 on the 4th of this evening, invites three leaders of listed enterprises to interpret the growth path of Chinese enterprises towards the top 500 in the world.
Of the 129 listed Chinese enterprises, 77 ranked higher than last year, and 13 ranked for the first time, accounting for more than half of the total number of newly listed companies, mostly private enterprises.
Among them, Gree Electric Appliances, Millet and other companies are listed for the first time. This issue of Dialogue invites the chairmen of China Post, Hegang Group and Gree Electric Appliances. On the spot of the program recording, Dong Mingzhu, chairman of Gree Electrical Appliances, revealed that in his early years, Gree was almost acquired by a foreign top 500 company.
Dong Mingzhu, Chairman and President of Gree Electric Appliance Co., Ltd.: We should have our own brand in China. Although we had only 13.8 billion yuan in revenue at that time, today we have 200 billion yuan. At that time, if we sold it at a price of only 900 million yuan, I don’t think the amount is the most important. The key is that there is no brand. Now.
Although the number of Chinese enterprises entering the world’s top 500 has increased, they are also generally facing problems such as low profitability. From the perspective of market size, the growth rate of business income of listed Chinese enterprises is much higher than the average level of the world’s top 500, but from the perspective of profit indicators, the average profit of listed Chinese enterprises is lower than the average level of the world’s top 500. Dong Mingzhu said that the key for enterprises to really change from “big” to “strong” is to rely on independent innovation.
Dong Mingzhu, chairman and President of Gree Electric Appliance Co., Ltd.’Big’may be many enterprises we acquired. It has large operating indicators and data. The understanding of “strong” is that it has core competitiveness. What about the recent “thunderstorm” of white horse stocks in the stock market? That’s not a real white horse stock, it’s a fake one. Of course, Gree will not, 100% will not, so I think that in the process of enterprise development, a key to self-cultivation, the government only gives you a fair environment. (The First Time Column of CCTV Finance and Economics)