Dong Mingzhu’s investment in Yinlong’s ultimate goal has become the second largest shareholder

In terms of doing mobile phones, Dong Mingzhu has a tendency to move forward, which is related to the layout of its smart home appliances. As Dong Mingzhu said, the home uses Gree's air conditioner to control your temperature. It uses Gree Electric's products to bring you delicious food. Go out and drive Gree to control your speed. Use Gree. The phone controls your safety. This is the ultimate meaning of Dong Mingzhu’s investment in Yinlong New Energy Vehicle!

"My Dong Mingzhu is a debt investment Yinlong. Some people are crazy about me, but I think that new energy is an industry that runs in the future and the world's starting line. It is also a great opportunity for China's largest manufacturing transformation, so I am willing. Bet, I want to vote.” On April 8th, at the “2017 (ninth) Chinese Business Mulan Annual Meeting” organized by “China Entrepreneur”, Dong Mingzhu, Chairman and President of Gree Electric Appliances, issued such a sigh.

The first thing that Dong Mingzhu took to power is still "signature-style" to promote his own mobile phone, saying that "there is an independent director to send me information, saying that after comparing with Huawei P9, I still chose Gree mobile phone." Yin Long, Dong Mingzhu has been standing in the "window" of public opinion.

Dong Mingzhu’s contribution to Zhuhai Yinlong has increased to 193 million yuan, holding 17.46% of shares, becoming the second largest shareholder of Zhuhai Yinlong. Dong Mingzhu also promoted the car like a mobile phone. "As long as you use the Yinlong car, you don't have to change the battery in 10 years. I will change it for you."

In December 2016, four companies including Wanda Group and Dong Mingzhu jointly increased their capital by RMB 3 billion to Zhuhai Yinlong and obtained 22.388% of Zhuhai Yinlong. Subsequently, on December 31, Zhongyeda's partial transfer of Zhuhai Yinlong's shareholding announcement revealed the shareholding ratio of Dong Mingzhu for the first time. Dong Mingzhu's share of Zhuhai Yinlong's capital contribution was 82,383,500 yuan, and the shareholding ratio was 7.46%. Is its fifth largest shareholder.

"To tell the truth, I am advertising in disguise today." Talking about Zhuhai Yinlong, Dong Mingzhu is quite confident. Dong Mingzhu said that Yinlong Automobile has the characteristics of safety, high temperature resistance, low temperature resistance, long life and fast charging. However, she also admitted that Zhuhai Yinlong’s battery has weaknesses and limited mileage, but it is divided into different needs. Development, the value is realized. "As long as I use the Yinlong car, I don't need to change the battery in 10 years, I will change it for you."

Zhuhai City's commercial entity registration license and credit information publicity platform show that Dong Mingzhu's share of Zhuhai Yinlong's investment has increased to 193 million yuan, holding a share of 17.46%, holding the shareholding ratio second only to Guangdong Yintong Investment Holding Group Co., Ltd. It became the second largest shareholder of Zhuhai Yinlong.

On February 24 this year, Gree Electric signed a one-year, 20 billion yuan related-party contract with Zhuhai Yinlong to reply to the Shenzhen Stock Exchange. Dong Mingzhu’s shareholding in Zhuhai Yinlong was 10%.

This means that in the past one month, Dong Mingzhu once again increased the stake in Zhuhai Yinlong. Based on the valuation of 13.4 billion yuan after the capital increase and expansion of Zhuhai Yinlong in December last year, Dong Mingzhu received 17.46% of the shares and required 2.34 billion yuan.

From the fifth largest shareholder to the second largest shareholder, Dong Mingzhu seems to be using his actions to show the world the "new energy" determination.