20 18 12, Dong Mingzhu was interviewed by the media when attending the annual meeting of entrepreneurs in China. He said that Gree had basically won the 10 billion gambling game between CCTV and Lei Jun five years ago. Dong Mingzhu said that Gree and Xiaomi are two different companies, which makes no sense to the gambling itself, because Gree is an entity enterprise, while Xiaomi is an internet economy and a light asset.
On March 19, after a round of Big bounce, the market value of Gree Electric was close to 285 billion yuan. Xiaomi Group, a listed company in Hong Kong, fell into a bleak decline when it went public, and its market value evaporated by 1000 billion yuan, less than 250 billion yuan.
Five years ago, the "Billion Gambling" between Lei Jun and Dong Mingzhu also came to an end. 19 In March, Xiaomi released the 20 18 annual financial report, showing that the total revenue during the reporting period was174.9 billion yuan.
Gree has not released the annual report of 20 18, but according to the previously disclosed performance forecast, Gree Electric's previously released performance forecast shows that its total operating income in 20 18 is 200 billion yuan -20 10 billion yuan. Even according to the lower limit of Gree's revenue expectation, Xiaomi is still short of Gree by 25 billion.