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Newspaper reporter intern Wei Xiangyu items from the bottom of Guangzhou stepsister

"The reason for such deductions year-end awards, we have no way to understand!" Recently, Gree Electric Appliances (000 651), a regional market export business with the person in charge of Miss Zhang indignant tone to Die Zeit, told reporters.

Long before the Spring Festival, the Weekly Times reporter received a tip lines from internal staff Gree: Gree to "export business plan with annual sales less than 2014 frozen sales expectations," the department's staff in 2013 deduction frozen by year-end Award. The original agreement, the export business should be 6 million yuan year-end awards issued before the Spring Festival, but so far the ministry employees paid nothing.

According to Miss Chang introduced, Gree internally used to call the 2013 freeze year from August 1, 2012 to July 31, 2013. In the freezer, the export business has completed the monthly sales target, Gree side has annual sales in 2014 of frozen ground deduction plan fell short of expectations on a frozen year-end awards. Allegedly, because of dissatisfaction with the company withheld year-end awards, there are at least five percent of the department's staff is determined to quit. "There is no way to guarantee their own interests, what the company promised not to, in fact, our already low wages compared to the same industry, usually hard so hard to support their families are too poor to feed, and I have to stay forever?" Gree export Business a staff member complained.

In the January 20, 2013 annual results Letters Gree released, 120.03 billion in total revenue quickly became the focus of attention of investors and media markets, Gree stocks surged more than 5 percent the day, Dong Mingzhu 200 million a year the smooth growth of business commitments fulfilled.

In response, Beijing law firm senior partner Wang Guangying lawyer told Die Zeit reporter, if it does not reach the end of the year Awards performance standards were deducted, it is lawful; and meet performance requirements are no reasonable grounds deduction is is illegal, although not written labor contract law, but as a state-owned enterprise employees year-end awards also deserved income.

February 11, Die Zeit reporter Gree secretaries to try to verify the deductions Wang Jing Dong-end awards issue, but the other said, "do not understand the relevant circumstances, it should be no such thing!" Weekly Times reporter to call the company's marketing department the next day Minister Pang cool, get the same answer. As of press time before reporters, Gree export business department staff said, "We have repeatedly urged the higher authorities, but still did not get conclusive accurate response. I heard, are pending."

Faced with the excellent performance of Gree, senior industry observers economy, household appliances industry analyst Liang Zhenpeng that, with the financial support of domestic appliances tend to end the policy, Gree and other household electrical appliance enterprises overseas market expansion is inevitable, but the central narrow lagging pace of industrial diversification and air conditioning market, will be the main obstacle Gree further expand overseas market.

6 million year-end awards suddenly withheld

January 25, the day before the Spring Festival holiday, the writer who resides export business Miss Zhang received notice leadership, this year-end awards chairman Dong Mingzhu did not issue. Dong Mingzhu reason given is "export business in 2014 sales plan can not reach sales expectations."

"This is no way to reason that we are totally understand!" Miss Zhang introduced the export department of operational staff wages by a fixed monthly salary and annual bonus composition. Monthly fixed salary is in accordance with the level of the company's employees to be judged, and the year-end awards are linked to performance, took a year to complete the task in the sales part of the profits distributed to employees,http://www.4444abcd.org/forum.php?mod=viewthread&tid=370332, paid annually before the Spring Festival.

Points Chi network data, Gree average year-end awards 6976 yuan, the highest year-end award of $ 50,000. Gree actual year-end awards and workplace experience, performance and other factors have a relationship. Miss Chang said, according to the agreement, in 2013 frozen in Gree arrangements to export business sales target is 15 billion yuan, will be able to obtain that the successful completion of the year-end awards.

Miss Chang told Die Zeit reporter,http://web.thu.edu.tw/kudo/www/bbs/yybbs/yyregi.cgi, the department actually completed in 2013, 15.3 billion in annual sales. According to the proportion of profits, the department year-end awards 2013 total of 600 million yuan, according to the department 120 staff calculations, per capita availability of 50,000 yuan, and now this year-end bonuses to be fully deducted. "According to the staff level and sales, like me, should be able to get the tax year-end awards 50,000 -6 million and deferred but this leadership did not say, did not say a hair or no hair, but said the company does not agree with the leadership of chairman hair, now not a penny. "

In response, Beijing law firm senior partner Wang Guangying lawyer told Die Zeit reporter, if it does not reach the end of the year Awards performance standards were deducted, it is lawful; and meet performance requirements are no reasonable grounds deduction is is illegal, although not written labor contract law, but as a state-owned enterprise employees year-end award is deserved income.

According to Miss Chang said, Gree did have defaulted year-end awards, not only that, since last year, Gree's year-end awards are issued in two tranches, such as January 24 this year, has issued 60% of the cash, while 40% want delayed to April in kind to the hair, that given the appropriate amount of employees in the company which bought the product. "That's an increase of sales volume, and the price is not much discount can not be lower than outside much money."

For the year-end awards, Gree employees have been complaining.

According to the staff of the export business told Die Zeit reporter, because of dissatisfaction with the company deducted the year award, the department currently has a number of staff are determined to quit. "There is no way to guarantee their own interests, what the company promised not to, so the department a lot of people want to quit." Miss Chang in Gree already in 2056, and she said his annual salary is only about 100,000.

"Of course I also have this idea, in fact, our already low wages compared to the same industry, usually hard so hard to support their families are too poor to feed, I stay forever?" Another unnamed staff Gree representation. Gree visible export business will be faced with a large personnel changes.

Weekly Times reporter to try to Gree board secretary Wang Jing Dong evidence withheld end awards event, but the answer given by the other party, but are "not understand the relevant circumstances, it should be no such thing!." Weekly Times reporter once again call the company's marketing department minister Pang cool, but got the same answer.

Overseas exports increased 20 percent year-round feeding

January 20, 2013 Gree announced results of Letters.

Announcements, 2013 Gree achieved total revenue of 120 billion yuan, an increase of 19.90%, net profit attributable to shareholders of listed companies 10.8 billion yuan,http://egassembler.hgc.jp/cgi-bin/eassembler4.cgi, an increase of 46.53%. Dong Mingzhu 200 million a year business commitment to successfully deliver on growth in the first year, the performance can be described as a rosy. However, the announcement did not disclose Gree 2013 annual export sales data.

Weakness in the international market, the export situation was unfavorable circumstances,boutique louboutin paris, Gree air-conditioning sales in overseas markets rose to buck the trend. Data show that in 2010, Gree overseas market revenue 9.751 billion yuan, up 67 percent year on year growth; in 2011, Gree overseas market revenue 14.546 billion yuan,http://www.teamstudio.com, an increase of 49.17% ,http://seo-directories.info/regist_ys.cgi,; 2012, total revenue of the first Gree over hundreds million in its overseas sales of 15.8 billion yuan, significantly higher than the overall industry; the first half of this year, Gree overseas sales amounted to 10.397 billion yuan, exports grew by 11.9%.

Gree has also revealed that in 2013 Gree export growth will achieve a 20% target. With the proportion of exports to enhance its own brand, energy saving technology upgrades, product innovation and structural adjustment, Gree air-conditioning not only to maintain rapid growth in overseas sales, profits and exports have also been significantly improved.

However, Gree released in mid-September 2013 announcement that the company exports to the United States and Canada, part of the dehumidifier products may overheat, smoke and fire,http://www.rastafarispeaks.com/repatriation/index.cgi, may cause consumers to cause a fire or burn hazard, the US Consumer Product Safety Commission and the Canadian Under the supervision and approval of the Ministry of Health decided to voluntarily recall these Gree dehumidifier products.

Although Gree, said the recall has little effect on its performance, but Liang Zhenpeng told Die Zeit reporter: "This incident is the emergence of relatively large quantities of recalls dehumidifiers, which not only makes Gree quality, reputation has been questioned, also was charged local partners. So for Gree performance or whether it will adversely affect the brand image. "

In Liang Zhenpeng view, competition is growing home appliance industry exports, with domestic growth slowing, many air conditioning companies are increasingly active in overseas markets, export enterprises in the growing number of cases, the overseas market points That cup of soup would be less. "For companies like Gree, Midea, the most important thing is still to increase the proportion of overseas markets its own brand exports to overseas markets can do otherwise than larger, but the profit is mainly occupied by the brands."

However,http://www.ginzanogaro.com/content/view/37/57, Gree, its domestic business or foundation, and only in the case of the domestic market in order to do a good job to open up overseas markets, and expand overseas profits generally quite low.

Faced with such a beautiful performance year 2013 Gree Gree the majority of investors are most concerned about, or dividends. Gree 2012 annual dividend is sent to all shareholders for every 10 shares of 10.00 yuan in cash.

According to the existing total share capital of the announcement, the program will be the company 3,007,865,439 shares as the base, to all shareholders for every 10 shares of 10 yuan in cash. It is estimated that, in 2012, Gree overall size of the dividend will be more than 3 billion yuan, equivalent to two fifths Gree 2012 full year net profit of 7.38 billion yuan of the total.

Gree this program to refresh the highest in the history of its dividend, it is called the A-share market, "the most generous" one of the companies. Prior to this, Gree dividend almost every year. 2011, Gree dividend every "10 shares five yuan," the amount of over $ 1.5 billion dividend.

However, a high dividend will be made rich executives. It was expected, Dong Mingzhu Gree 2114.88 million shares held by chairman and president of Gree shares, the dividend yield will reach nearly 21.15 million yuan.

Limitations of central air conditioning and a wide range of lag

2012, to achieve operating income in Gree broken billions historic moment, Dong Mingzhu the market made a startling new goal - "annual revenue growth of 20 billion, five years after the Gree revenue will reach 200 billion." . According to the five-year plan Dong Mingzhu, Gree 2017 will achieve 200 billion revenue.

But Liang Zhenpeng view,moncler outlet, this target with considerable uncertainty. He said,chaussures louboutin hommes, "Unless the country is continuously introduced appliances subsidy policy, but with the increased cheat up events and government control of business, and slowly will cause huge financial waste, so the government is now relatively calm."

Since 2008, in response to international market weakness, expanding domestic demand, the state has introduced a home appliances, home appliances TM, energy-saving PWM three policies to support the development of the home appliance industry, home appliance industry sales growth thus obtained. Gree is big share a cup of soup, in 2011 sales reached 40.42% of the entire home appliances market.

Gree With a strong impetus to policy support, in 2010 and 2011 were a record operating income grew 42.62% and 37.35% of the good performance.

But as 2012 began to withdraw support policies, Gree highlights the decline in performance. May 31,boutique louboutin paris, 2013, the family of energy-saving policy of benefiting the end point, the three major home appliances supporting policies to completely withdraw from the market. At the same time, Gree earnings growth in 2012 and 2013 of slowing down, operating income fell to 19.87% and 19.9%. The new government has not issued new appliances support subsidies, the industry expects a "policy window period" soon.

"I believe the government will still letting the development of market competition,http://news.dialogpress.ru/news/index.php?option=com_community&view=profile&userid=24097, will not interfere too much in this market." Liang Zhenpeng believe this occurs window period is an inevitable trend.

And air conditioning products in Gree has been dominated by a large proportion of sales accounted for air conditioning remained at about 90% of total operating income. Many industry analysts also believe that in the current market situation is growing very slowly, relying solely on air conditioning products to be 2000 million, with great uncertainty.

Dong Mingzhu Gree chairman has served in various public occasions that 20 billion in 2014 revenue growth plan Gree, the central air-conditioning will be an important growth point.

But Liang Zhenpeng seems excessive dependence on central air conditioning market will increase the risk of earnings growth, "the central air-conditioning is a niche market in China, the central air-conditioning market is nothing more than a few hundred million, single product relatively large amount of central air-conditioning, but Overall, compared to the home central air conditioning market capacity will be much smaller. "

According to Aiken air conditioning and refrigeration network data show that from 2009 to 2013, China's central air-conditioning market capacity expanded from 34.5 billion to 67 billion. But at the same time, the rate of expansion of market capacity fell from 28.5% to 9.8%.

Liang Zhenpeng that,chaussures louboutin hommes, with the financial support of domestic appliances tend to end the policy, Gree and other household electrical appliance enterprises is imperative to expand overseas markets, but the central air-conditioning market and the pace of industrial diversification narrow the lag will be Gree The main obstacle to further expand overseas markets.

Dong Mingzhu proposed that Gree will not diversify the road, but the layout of the field after the start Gree small appliances, such as refrigerators. Liang Zhenpeng to Die Zeit, told reporters that the last ten years can be said Gree has been doing small appliance business, but compared to the beauty of Haier, Gree diversified industrial layout is relatively slow, currently Gree related product diversification style is still relatively cautious, presumably Gree want to do in one area and then announced diversification outside.