On July 2, Dong Mingzhu said in a speech at the China-Israel Science and Technology Innovation Investment Conference that Gree is already making its own chips. Although many people outside are not optimistic and think that they have to invest a lot of money, Dong Mingzhu believes that money is not a major problem. The question is whether there is confidence, whether there is a platform for young people to develop their ability to innovate. 'Gree started researching chips two or three years ago. There is still a big gap, but Gree has confidence. We have dreams and ideals. There must be practice, practice must be challenged. We have not forgotten our initial heart, we have the confidence to make Chinese manufacturing go to the world.
At Gree Electric's 2017 Annual General Meeting held on June 25, Dong Mingzhu said that the chip must be done when talking about the chip. He said, 'We have developed the chip for three years, but now it is a success, but This is just fur, not enough.'
When asked if Gree had a merger and acquisition plan in this regard, Dong Mingzhu replied, 'We have seen some of our peers spend tens of billions to acquire companies abroad. Internationalization is not a merger of foreign companies or internationalization. Internationalization is Our products are going international. ' And said, 'Maybe we go a little slower, but we are more solid, what we want to do is China's own brand. Last year Gree's profit margin is the best evidence. In this process, how to cultivate Talent is what we have to think about.'
Earlier, Dong Mingzhu said in an exclusive interview with CCTV Finance, even if he invested 50 billion yuan, Gree would also succeed in chip research. Dong Mingzhu said that even if this year does not pay dividends, Gree's average dividend rate will reach 44%. Gree has to be long-term Continuous development, but must master the core technology, namely the chip.
Many people have questioned Gree's investment in research and development of chips. Zhu Jianghong, the former chairman of Gree, also said, 'Is the chip so good? Indeed, according to the current situation of Gree, unless any measures are taken later, Otherwise, according to the current situation, do the chip, at least for me, I don't have much confidence.'