[Global Technology Report Zhou Tao]Recently, Dong Mingzhu, the chairman of Gree, made it clear when he attended the event and was interviewed by reporters that the acquisition of new energy enterprises meant that Gree wanted to build cars.
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.
Industry insiders told Global Network Technology that Gree relies on the advantages of capital accumulation, not technological advantages, and it is destined to be a low-cost expansion.
The source also said that Midea had engaged in real estate and built cars more than a decade ago, but later they couldn’t play, and they all shrank and disposed of them.
Dong Mingzhu once said that Zhuhai Yinlong is "the second enterprise that can achieve 100 billion yuan" in Zhuhai. "Gree also needs to find new growth points." Some people in the industry commented.
Liang Zhenpeng, an industrial economic observer, believes that from the current Gree thinking, after the acquisition of Yinlong New Energy, it will make Gree’s strengths-intelligent manufacturing and new energy vehicles unprecedentedly integrated.
Gree has built new energy vehicles, and netizens have mixed opinions. Some people like it, some people are worried, and some people are watching. "Gree’s air conditioning definitely has the best effect", "It is a fact that Gree has money, technology and talents, and the key is to find a big breakthrough", "China’s enterprises are like this, and there will never be a century-old enterprise. This mountain is looking forward to the height of that mountain, so let’s talk about it first in our own field." "What we learned from Lei Jun is full of entertainment spirit, and the slogan is loud, and Gree is not pragmatic.
Layout of Zhuhai Yinlong’s whole industrial chain
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%.