Dong Mingzhu talks about 1 billion gamblers: preparing 5 billion, I can't do wrong

Miss Dong, you are not a female student without a story. On May 9th, Dong Mingzhu was once again asked about the 1 billion betting game with Lei Jun. She said that she could not do wrong in this decision. "I have invested 50 billion in investment. If my company does not affect healthy development, then what can't be gambled?"

Now that these three words Dong Mingzhu are mentioned, who would you quickly think of? It must be: Lei Jun. In the past two years, entrepreneur Dong Mingzhu has become a nearly universally-entertaining figure. With his own topic, he quickly seizes the various headlines and presents the drama of "hegemony female president." The gas field is no less than the average first-line star. Lei Jun tied with her like "CP" is a "billion betting deal" she could not bypass. On May 9th, Dong Mingzhu was once again asked about Lei Jing’s 1 billion gaming game in a file “Ten Years and 20 People”. She said that she could not do wrong in this decision. She has already done risk prevention and control. "I have invested 50 billion in investment and my company does not affect healthy development. What can't be gambled on?" Lei Jun said that he would bet 1 dollar and Dong Mingzhu would want to bet 1 billion! In other words, five years ago, At the award ceremony of "China's Economy People of the Year", Lei Jun, winner of the annual character awards, said: "Whether the Xiaomi model can beat the Gree model, I think we must look at the next five years. Please testify to the people of the country within five years if our turnover is defeated. Gree's words, Dong Mingzhu Dong always lose me a dollar on the line." Dong Mingzhu, after all, female heroes, tough response: "First, I told you impossible, second, do not mention a dollar, to bet on the 10 A hundred million.” In this way, the one-dollar joking game became ten billion in a blink of an eye. In fact, Dong Mingzhu and Lei Jun’s “astronomical gamble bureau” matter, and when a joke listens to it, it will stop. Without thinking about it, it became a hot topic in the industry for a time. This “ten decade gambling” became the focus of media attention. As a result, the gambling board under the exposure again and again, the two even if they want to make a big event, a small matter of abacus, did not start. On March 9 this year, during the collective interview of the "representative channel" held in the Great Hall of the People, the reporter of the Legal Evening News asked Dong Mingzhu about this matter. Ms. Dong's overbearing response: Since she personally responded to the betting round, he saw that the deadline for the five-year contract is 2018, and it will be clear to the deceased. A lot of rumors on the Internet, Tucao Dong Mingzhu is playing swollen face, full of fat, lose money, and the tone is not small people. After all, Xiaomi is Lei Jun’s millet, but Gree is not Dong Mingzhu’s Gree. If the gambling loses, will this billion can't be done? Gree: As the representative of the traditional enterprise, the traditional enterprise queen is the ever-popular topic of the Internet. Almost everyone knows Dong Mingzhu, whether it is the widely circulated advertising language “Good air conditioning, Gree made.” Or she speaks for Gree and speaks for herself. In short, let people know Gree behind him. Overbearing, tough is her usual style of doing things. The standard for yourself is no matter when you can't lose. "I never made mistakes" and "I'm always right" is her slogan.

Some time ago, we all know that Gree Electric released the 2017 annual report, the performance is very bright, high net profit, but because of the stock dividends caused a great uproar. Some people say that Dong Mingzhu chose to leave money to win Lei Jun. Miss Dong, after all, is also a strategic entrepreneur, and the pattern will not be so small. The table in the annual report of People's Home shows that the company's retained funds are for the purpose of technology research and development and marketing of new industries. "Issues need to be hard on themselves." Some places have suffered losses. Is it still a lot? To be honest, Gree’s annual sales performance in the past two years is still dazzling. It can be said that the annual turnover is very stable. In other words, there is no significant change in the turnover. Imagine setting up a gamble office when Gree’s annual revenue was about 120 billion yuan. By 2017, Gree’s annual revenue will be around 140 billion yuan. Xiaomi: The Internet upstart Xiaomi has enjoyed rapid growth in recent years. Although it experienced sales shocks in 2016, sales in other years have increased substantially. Each year has seen a significant improvement over the previous year. In 2017, it was not easy for Xiaomi to resist the pressure of rebounding and rebounding. When the gambling agreement was established in 2013, Xiaomi’s turnover was RMB 31.6 billion and Gree’s turnover was RMB 120.043 billion. In contrast, Gree is undoubtedly a monster. On May 3, 2018, Xiaomi formally submitted a prospectus to the Hong Kong Stock Exchange, which is another step away from listing. Xiaomi's IPO this year, in addition to being expected to send Lei Jun to the throne of China’s richest man, also made it even more suspicious for him to bet against Miss Dong. According to Xiaomi’s external disclosure, in 2017, Xiaomi’s total revenue was RMB 114.6 billion and operating profit was RMB 12.215 billion. According to Gree Electric's 2017 annual financial report, Gree’s operating revenue for the entire year was 148.286 billion yuan in 2017, which is very close to the revenue data. In the past five years, Xiaomi has been growing wildly. Even though he has fallen into a trough during the past few years, in 2017, Xiaomi played a beautiful turnaround and broke through 100 billion in October. By contrast, Gree’s pace was a bit slow. . The revenue gap between the two sides has not been as insurmountable as when the gambling contract was originally laid. Lei Jun and Dong Mingzhu, Xiao Mi and Gree, represent the confrontation between manufacturing and the Internet. An iron-clad tenderness, "The Evil" Dong Mingzhu resigned at the age of 36 to Gree, and in 22 years she went from being a salesman in a small place to being chairman of Gree Electric. Dong Mingzhu's preference for today's status, his unyielding attitude, and his stubbornness, made her go hard at each and every step.

"Five-year gambling" high-profile publicity this matter, behind the Dong Mingzhu's strategy and consideration must have. Dong Mingzhu represents a traditional enterprise, Lei Jun represents the Internet upstart, one is a man of industrial enterprises, and one is a leader in the Internet field. Their gambling attracted the attention of various fans and allowed the media to focus on various brands. This was a good thing for Lei Jun, who was “professional”, to increase brand exposure and enhance her own value. Dong Mingzhu displayed himself and the Gree brand. With his personal charm, he also gained a vote of young fans. In short, the momentum was there and the flow was also there. Geng Shi had interviewed Gree’s departing employees. Although they were rather scornful about Miss Dong’s iron fist management, there was only one conclusion: “If Gree is so big, who can lead without her?” She: The road that Dong Mingzhu walks through is not born. Dong Mingzhu’s consistently strong methods are particularly evident in corporate management, and the system is always more important than the human condition. It seems to have done "wicked people". This is where Dong Mingzhu's "wei" lies. There was a saying that there were three women in China who could not make it. She took one of them. Dong Mingzhu has a temperament of "I am not satisfied, and I must marry it." He dares to speak arrogantly, and he is overbearing. He says dry. In order to provide employees with a sense of security, Gree, who was among the "100 billion clubs," claimed that 80,000 Gree Electric's employees each had a two-bedroom, one-bedroom house. This was her "big move" on the New Year's Day in 2018. In addition, news about Miss Dong’s welfare for Gree’s employees abounds. From the "billion gamble bureau" of Lei Jun to the "Greece boot screen self-endorsement" and other events, in fact, Dong Mingzhu is well aware of marketing. Even if it is strong, overbearing, unreasonable, and not worthy of red, Miss Dong is still the admirable leader. In 2017, Dongming Zhu topped the list of Forbes China’s top business women. With her own efforts, she allowed her "barking words" to "stuck up" on the heels. Accompanied by Xiaomi IPO listing and Dong Mingzhu’s domineering response, in some people’s opinion, Miss Dong is arrogant and waits to eat melons to watch jokes, but as the media said: “To Dong Mingzhu” is controversial, you may not like it, but such a People can't really disrespect."

Today, in this era of “budding and making a fortune”, Gree is not much more powerful than the same level of entrepreneurs. Many people gave Ms. Dong the label of “willfulness”, and her words were frivolous, and she spoke to her like a jumping clown. We must know that it was the low profile of most entrepreneurs that highlighted Miss Dong’s “high profile”. "It's not how good I am, but my colleagues." In short, the rise of Xiaomi and Gree’s growth have all demonstrated to the world the power of Chinese manufacturing. It is important to win or lose. To encourage more domestic companies to grow continuously, it is the most realistic to see the “new domestic goods” that make the country proud.

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