Gree spent 5 billion to acquire ChangYuan Group and enter the field of new energy auto parts!

Recently, Gree Group acquired ChangYuan Group with more than 5 billion Yuan to enter the field of new energy auto parts. In the evening announcement issued by ChangYuan Group, Gree Group's acquisition amounted to approximately 265 million shares, accounting for 20% of the company's issued shares, and the offer price was 19.8 Yuan per share, which was 14.06% higher than the company's price before the suspension. The funds required for the tender offer amounted to 5.246 billion Yuan.

As soon as the news came out, the entire media circle and the automobile circle were shocked again. It should be known that Gree’s subsidiary, Gree’s acquisition of Yinlong’s trading plan, failed because it was not approved by the shareholders’ meeting. Under the circumstances, Gree Electric's chairman and president Dong Mingzhu had to gamble on his own. Now, it is the turn of the Gree Group to personally take the shot, and the acquired business has become a component of new energy vehicles.

According to the information, ChangYuan Group is a company specializing in the research, development, manufacturing and service of electric vehicle related materials, smart factory equipment and smart grid equipment. In 2017, ChangYuan Group achieved revenue of 7.433 billion Yuan, a year-on-year increase of 27.08%, and a net profit of 1.136 billion Yuan. The net profit attributable to the first quarter of 2018 was approximately 80.73 million Yuan, up 83.33% year-on-year.

It is understood that China's lithium-ion battery wet diaphragm, electrolyte additives are used by the ChangYuan Group, and is a leading domestic brand. Its subsidiary ChangYuan Shenrui's products cover electric vehicle charging systems, electric vehicle charging piles and storage. Can system. Jiacheng Li’s Changhe Investment was once a major shareholder of ChangYuan Group.

Such a large handwriting is easy to associate with Mingzhu Dong two years ago. Two years ago, Mingzhu Dong resolutely put all his personal belongings into the new energy automobile industry.

This is the end of 2016. Gree Electric announced that after the adjusted trading plan was not approved by Zhuhai Yinlong Shareholders' Meeting, Mingzhu Dong officially announced the firm answer given by Yinlong when investing personal funds. Not only that, but she also pulled Jianlin Wang, Qiangdong Liu, etc., formed a super investment lineup.

However, since then, Yinlong seems to have suffered from unfavorable years, and has been reported to have reduced orders, overcapacity, and arrears of suppliers. In addition, Yinlong’s founder management team has also resigned, first by Yinlong’s legal representative and chairman. Yincang Wei changed to Guohua Sun. On a board of directors only a few months later, Sun Guohua was also removed from the chairmanship and presidentship of Zhuhai Yinlong. It is reported that Gree executives have taken over Yinlong.

Today, the Gree Electric Appliances Shareholders’ Meeting on the veto of the acquisition of Yinlong proved to be more sensible, and Dong Mingzhu seems to have looked away. However, Dong Mingzhu is very calm, she responded. "I have never thought about the odds of winning and winning. I only think of new energy as a national strategy and an emerging industry in the future."

For the acquisition, Yinlong said that Dong Mingzhu’s investment in Yinlong and Gree Group’s acquisition of ChangYuan Group is totally different. But many people still think that this is the continuation of Mingzhu Dong's dream of making a car. As the leader of Gree Electric, Dong Mingzhu’s dream of building a car will largely benefit from the acquisition of ChangYuan Group by Gree Group. Although Mingzhu Dong’s dream of building a car is still pinned on Yinlong, Yinlong is a complete vehicle, and ChangYuan is a spare part. The relationship between the upstream and downstream of the industrial chain is so close and the cooperation is more convenient.

In the face of the difficulties that Yinlong is currently experiencing, many media have begun to question whether Mingzhu Dong’s dream of building a car can still be continued. After all, the difficulty of building a car is much greater than that of producing home appliances, and Mingzhu Dong is already over sixty. .

When Po Lian is old, can he still serve his country? In the author's opinion, Mrs. Dong has already passed the age of winning or losing. She is serious and firm about making cars. Home feelings and business gambling, Mingzhu Dong is more concerned about the former, with this point, it should be praised by Mrs. Dong's courage.

The page contains the contents of the machine translation.