Original Dong Mingzhu: Don’t pay attention to the wealth of successful people, the era of young people pursuing spiritual wealth has arrived

Dong Mingzhu, Chairman and President of Gree Electric

Produced | Sohu School of Business

Edit | Xu Xiaoqi

On May 30, 2021, the National Young Entrepreneurs Summit will be held in Nanjing. Dong Mingzhu, chairman and president of Gree Electric, delivered a speech at the meeting.

“The responsibility and mission of our generation of entrepreneurs is to make the motherland strong.” Dong Mingzhu said that in China’s manufacturing industry, the low-end level will always be suppressed. So keep in mind the mission of innovation. Only by innovation can we develop more high-end equipment and advanced technologies. It is the value of entrepreneurs to make people live better.

Dong Mingzhu said frankly that Gree Energy is also today because it insists on independent research and development and independently cultivates talents. “We used to rely on other people’s technology, not only follow-up type, but also can be called backward type. But now, Gree Electric has developed from an air-conditioning company to cover the entire industrial chain of consumer goods, solving key core technical problems. And we not only It has broken through the motor technology and delivered it to the world’s top 500 companies to share our technology.”

She said that today, if we cannot innovate technology, then we cannot achieve carbon neutrality. There will always be competition in the world, but the biggest competitor is to change oneself .

In terms of talents, Dong Mingzhu pointed out, Many companies often worship returnees and bring in high-end international talents. However, Gree Electric currently has 16,000 R&D personnel, none of which are returnees, and there is no international talent.

“Gree Electric has given 16,000 Chinese college graduates opportunities and dreams. Up to now we have developed more than 80,000 patented technologies, including more than 40,000 invention patents, which is far ahead in the world.” Dong Mingzhu said.

Dong Mingzhu said that in the past, in the social rankings, we often saw the wealth of successful people. But now we have to pay attention to how many outstanding young people contribute to society. This is a common dream and pursuit that everyone must agree to achieve.

“In an era when young people are not short of materials, what should we pursue more? I want to say that the era of pursuing spiritual wealth has arrived.” She said.