
HSBC Gain Hunter
Likes ReceivedWhen Dong Mingzhu was holding meetings to advance the plan for the private placement acquisition of Zhuhai Yinlong, minority and small shareholders were generally concerned about dilution of equity and the risks of capital investment. No one applauded throughout the meeting, and there was a lot of questioning from the audience. Dong Mingzhu lost her temper on the spot, scolding a group of portly middle-aged men:
"The more you get, the more you complain! We've distributed 18 billion over two years. Go check which other company gives you so much? Gree hasn't mistreated you. If I don't distribute dividends for five years, what can you do? If you don't trust Gree, you can just sell your stocks."
Dong Mingzhu has strong principles and never compromises. Since taking charge of Gree, she has accumulated dividend payouts exceeding 170 billion, making it a rare high-dividend manufacturing enterprise in the A-share market. She does not chase short-term windfalls but has deeply cultivated the real economy for thirty years, rejecting financial speculation. She has no personal leisure time all year round, dedicating all her energy to the development of the enterprise.
At the age of 36, Dong became a widow and raised her children to adulthood on her own. She worked her way up from a grassroots sales position to helm a hundred-billion-yuan enterprise, using half her life to defend survival and the air conditioning business through relentless confrontation.
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