[Global Technology Report Zhou Tao]Recently, Dong Mingzhu, chairman of Gree Group, revealed when attending media activities that "Gree really wants to start building cars when it buys new energy enterprises." Dong Mingzhu publicly broke this enough paper. It seems that this is a certain thing. This is also the first time that Dong Mingzhu has confirmed that it will enter the automobile field. Netizens said that Gree wants to build a car, and how much is it appropriate to sell it?
Dong Mingzhu said that in recent years, Gree has made diversified investments, and products such as refrigerators, rice cookers and mobile phones have come out one after another. Now Gree is transforming to produce other products, which is not a whim, but supported by technology and quality. The times are changing, and Gree’s business ideas are also changing. Many people are questioning, are we doing something wrong now that we play cross-border frequently? Gree explained with actions that the current goal of Gree is multi-brand management, so that more China brands can go global. Not long ago, listed companies announced that they planned to issue shares to acquire Zhuhai Yinlong New Energy Co., Ltd., and it was rumored that Gree would set foot in the field of new energy vehicle manufacturing. Today, I’m going to break this window paper: Gree is really going to start building cars when it buys new energy enterprises.
Industry insiders told Global Network Technology that it is definitely easier to succeed than making a mobile phone. The air-conditioning industry is too different from the mobile phone industry, but it is more like the automobile industry. The source also expressed the hope that more and more enterprises will enter the automobile industry and make domestic cars.
Gree acquires Zhuhai Yinlong
On March 6th, Gree Electric issued the Announcement on Suspension of Issuance of Shares to Purchase Assets. According to the announcement, the company is planning to issue shares to purchase assets, and the target of the transaction is Zhuhai Yinlong New Energy Co., Ltd.
Official website, Zhuhai Yinlong, shows that this company has invested in industrialization since 2009, and it wants to build a new energy closed cycle industrial chain integrating R&D, production, sales and technology of lithium battery, electric vehicle powertrain, complete vehicle and smart grid peak-shaving frequency modulation system.
According to the data, by the end of 2015, Zhuhai Yinlong had built three production bases in Zhuhai, Guangdong, Wu ‘an, Hebei and Shijiazhuang, with an annual production capacity of 33,000 pure electric buses, 100,000 sports multifunctional electric vehicles, 620 million ampere hours of batteries, 5,000 tons of raw materials for lithium titanate batteries and 800MW of energy storage.
According to its official data, in 2015, its sales orders for new energy vehicles were 7,000, with a total output value of 10 billion yuan. Among them, 3,189 pure electric buses were produced, with a cumulative increase of 22.28% and a market share of 3.6%.