Gree, the "leader of household appliances", talked about the dividend plan. Dongmingzhu said that she was optimistic about the old for new air conditioning market-瞭新社

Gree, the "leader of household appliances", talked about the dividend plan. Dongmingzhu said that she was optimistic about the old for new air conditioning market

2022-06-02

It was reported on June 1 that Zhuhai Gree Electric Appliance Co., Ltd. (hereinafter referred to as "Gree Electric Appliance") disclosed the record of investor relations activities. According to the record table, in response to the question "what is the starting point of implementing the second phase of the employee stock ownership plan of Gree Electric Appliance", dongmingzhu, chairman and President of Gree Electric Appliance, said that the company does not want employees to gain benefits from equity incentives by buying low and selling high, but hopes to encourage employees to create more wealth, let the company pay more dividends, and let employees and shareholders benefit from dividends together. Dongmingzhu also said that although the decline of the real estate market has affected the air conditioning market to a certain extent, Gree Electric is still very optimistic about the air conditioning industry and is very optimistic about the old for new air conditioning market. At present, there are about 500million Gree air conditioners in the stock market that have been used for more than 10 years. With the technological upgrading of Gree, the electricity cost saved by the new air conditioner is enough to make up for the cost of replacing the air conditioner. In addition, Gree Electric Appliance said that from 1996 to 2021, the total amount of dividends of the company exceeded 100 billion yuan. On the premise that the cash flow meets the normal operation and long-term development, the company's total annual cumulative cash dividends from 2022 to 2024 shall not be less than 50% of the net profit of the year. The record shows that the performance presentation meeting of Gree Electric was held on May 31. However, from the performance of the secondary market, Gree Electric Appliances closed down 1.37% to 31.73 yuan / share on June 1, with a total market value of 187666 million yuan. (Xinhua News Agency)

Edit：Li Ling Responsible editor：Chen Jie

Source：Economic Weekly

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