Why is it said that Ms. Dong made a wrong bet by investing in Yinlong?

At the end of 2016, various inventory news happening in the Internet circle always successfully aroused everyone's curiosity, and the most attention-grabbing incident certainly included the incident between Dong Mingzhu and Zhuhai Yinlong? Involvement?, especially in the last month, Ms. Dong announced that she would bet all her wealth to invest in Zhuhai Yinlong in her own name. As soon as the news came out, it once again caused a sensation in the entire Internet entertainment industry. Since then, various news about Ms. Dong’s investment in Zhuhai Yinlong has been flying all over the sky. In addition to the people who stopped to eat melon seeds to watch the excitement, there are also various suspicions in the industry.

In fact, as industry entry barriers continue to increase and subsidies decline, Gree is not the only company that is struggling to move forward in cross-border car manufacturing. LeTV, Apple, Baidu, Google and Shanshan Co., Ltd. Many companies are also trying to squeeze in. With the termination of Gree's plan to acquire Zhuhai Yinlong, it experienced a temporary stranding. But in the end, Dong Mingzhu invested 1 billion in Zhuhai Yinlong in his own name and was firmly optimistic about the prospects of Zhuhai Yinlong's new energy vehicles.

However, not long after, Ms. Dong made another golden statement about Gree’s failure to acquire Yinlong! Dong Mingzhu said that Zhuhai Yinlong's technology can be said to be an important path for China's manufacturing or supply-side reform. The failure of the acquisition is a loss for Gree and a regret, but it doesn't matter. It cannot destroy our confidence. If the acquisition is not successful, it will still be Be supportive. Because new energy is a national strategy, no country’s technology is currently leading in the development of new energy. The international community is on the same starting line. This is exactly what our supply-side reform needs.

However, the industry believes that lithium titanate batteries are not the mainstream technology for power batteries, and their short battery life and weak market position are disadvantages. However, in Dong Mingzhu's view, these shortcomings are not fatal problems. The key problem of Zhuhai Yinlong is the lack of money. Dong Mingzhu believes that the inflow of funds will "leverage the technical vitality of Yinlong".

It is not difficult to find that Gree Electric’s transformation in recent years has been receiving widespread attention. From the beginning, Dong Mingzhu led Gree to acquire Yinlong, but due to strong internal opposition, Dong Mingzhu invested 1 billion yuan to become a shareholder of Yinlong, which eventually led Gree Yinlong to sign a 20 billion yuan cooperation agreement. Among them, Wanda Wang Jianlin and JD.com Liu Qiangdong jointly promoted it. Facing the two Chinese entrepreneurs, Dong Mingzhu may have a clearer idea. Her "dream of building a car" may really enable herself and Gree to achieve success. *win.

However, the story of Dong Mingzhu and Yinlong is not over yet. Gree Electric insiders said that although Gree's acquisition of Yinlong was unsuccessful, the cooperation has not stopped. For example, Yinlong jointly builds automotive air conditioners, molds, motors, electronic controls and other businesses. At the same time, Yinlong's lithium titanate batteries can also serve Gree Electric's smart energy management system.

Today, Dong Mingzhu has Gree Electric on her left hand and Yinlong New Energy on her right hand. It can be said that she has created a new business landscape. However, some people will still ask, for whom did Dong Mingzhu let Gree Electric join hands with Yinlong? The promising new energy technology certainly has people to support it and achieve more down-to-earth development. It seems that Gree Air Conditioning is looking for new growth points. But this also just confirms that Dong Mingzhu’s determination to build a car is not a joke. Although there are various public opinions in the industry: support and opposition, good and bad. However, it is not advisable to draw conclusions prematurely, so let us wait and see.