特别声明：以上文章内容仅代表作者本人观点，不代表新浪网观点或立场。如有关于作品内容、版权或其它问 题请于作品发表后的30日内与新浪网联系。 所以说格力是中国企业家楷模之一，有格局有担当！ 所以说格力是中国企业家楷模之一，有格局有担当！ 所以说格力是中国企业家楷模之一，有格局有 担当！ ...

Core Viewpoint - The article discusses the recent Gree Electric Appliances shareholder meeting, highlighting the company's strategic focus on international expansion, industrial equipment, and stable dividend policies, while showcasing a shift in management engagement with shareholders [1][2][10]. Group 1: International Expansion - The first focal point of the shareholder meeting was the company's international expansion strategy, particularly in emerging markets like Africa and Latin America [3]. - Gree's president, Zhang Wei, noted a significant shift in export structure, with self-owned brands now accounting for nearly 80% of exports, up from less than 30% [4]. - The company aims to enhance its brand presence in new markets, emphasizing that international expansion remains a critical growth area [4][6]. Group 2: Industrial Equipment and Smart Manufacturing - Gree Electric is advancing into the industrial equipment sector, which is viewed as an independent and essential segment rather than a mere extension of home appliances [7]. - The company has achieved notable breakthroughs in smart manufacturing, particularly with its five-axis gantry machining centers, which rank among the top three globally in the automotive parts processing sector [7]. - Gree aims for its industrial segment to exceed a scale of 100 billion yuan, utilizing a dual-channel approach of direct sales and agency partnerships [7][8]. Group 3: Dividend Policy - Gree Electric plans to distribute a cash dividend of 10 yuan per 10 shares, totaling 5.585 billion yuan for the 2025 mid-term profit distribution [10]. - Since its listing, Gree has distributed over 177.6 billion yuan in dividends, with more than 172.2 billion yuan distributed since 2012 [10][11]. - The company maintains a commitment to high and stable dividend trends, which is a key focus for shareholders [12]. Group 4: Management Engagement and Strategy - The shareholder meeting featured a more engaged management team, with Zhang Wei emphasizing the importance of showcasing the capabilities of different business leaders [2]. - Gree's chairman, Dong Mingzhu, highlighted the company's commitment to quality and the importance of maintaining a balance between product development and shareholder returns [15]. - The company is also undergoing a channel transformation to a flatter structure, allowing direct connections between end distributors and headquarters [13].

Core Viewpoint - Gree Electric Appliances held its second extraordinary general meeting of shareholders for 2025, addressing various topics including product planning, channel transformation, dividends, buybacks, and international expansion. The attendance was notably low, with only about 70 shareholders present, which was described as a "friend meeting" by the chairman, Dong Mingzhu [1]. Dividend Distribution - The meeting approved the "2025 Interim Profit Distribution Plan," with 2,331,422,068 shares voting in favor, representing 99.8959% of the valid voting rights, while 2,025,411 shares opposed, accounting for 0.0868% [3]. - Gree plans to distribute a cash dividend of 10 yuan (including tax) for every 10 shares, totaling 5.585 billion yuan [5]. - Dong Mingzhu emphasized the importance of sustainable profitability for continued dividends, noting that Gree has distributed over 170 billion yuan in dividends since its listing, despite raising only 5 billion yuan in funds [5]. Business Strategy and Product Development - Gree's president, Zhang Wei, assured shareholders that the company will maintain a high and stable dividend trend, which aligns with its operational philosophy of valuing investor returns [5]. - The sales director, Lu Luqun, reported that since the launch of the "Dong Mingzhu Health Home" in February, over 1,000 stores have opened, and the sales ratio of air conditioning to non-air conditioning products has improved from 7:3 to a more balanced ratio [5]. - Gree is undergoing a transformation from being known solely for air conditioning to a broader range of home appliances, leveraging its core technology in compressors to expand into refrigeration, heating, and other electrical products [6]. Management and Leadership - Dong Mingzhu has adopted a more reserved approach in recent meetings, allowing younger management team members to take the lead, as suggested by former independent director Liu Shuwei [7].

Group 1 - The core point of the article is the announcement of the second extraordinary general meeting of shareholders of Gree Electric Appliances, which took place on November 24, 2025, and the resolutions passed during the meeting [1][3][17] - The meeting was attended by 12,042 shareholders, representing 2,333,850,579 shares, which accounts for 41.7868% of the total voting shares [3][4] - The meeting adopted a combination of on-site and online voting methods for decision-making [3][6] Group 2 - The meeting approved the amendment to the company's articles of association with 2,212,697,693 votes in favor, representing 94.8089% of the valid votes [7] - The meeting also passed several governance-related proposals, including amendments to the rules for shareholder meetings, board meetings, and the independent director work system, all receiving over 94% approval [8][9][10] - The 2025 interim profit distribution plan was approved with 2,331,422,068 votes in favor, accounting for 99.8959% of the valid votes [12][13] Group 3 - The legal opinion provided by Beijing Guantao (Hangzhou) Law Firm confirmed that the meeting's procedures and resolutions complied with relevant laws and regulations [14] - The company announced the election of Shao Liguo as the employee representative director of the 13th board of directors, with his term starting from the date of election [17][21] - Shao Liguo holds 202,287 shares in the company and meets all qualifications as per the relevant laws and regulations [21]

Core Insights - The main focus of the article is on the significant outflow of capital from various stocks as of November 25, with specific amounts listed for the top 20 stocks experiencing the largest withdrawals [1] Group 1: Major Stocks with Capital Outflow - BlueFocus Communication Group saw a capital outflow of 668 million yuan [1] - Provincial Advertising Group experienced a withdrawal of 491 million yuan [1] - Industrial Fulian had a capital outflow of 467 million yuan [1] - 360 Security Technology faced a withdrawal of 325 million yuan [1] - Aerospace Development saw an outflow of 320 million yuan [1] Group 2: Additional Stocks with Notable Withdrawals - Guofeng New Materials had a capital outflow of 309 million yuan [1] - Zhongke Shuguang experienced a withdrawal of 305 million yuan [1] - Ganfeng Lithium saw an outflow of 292 million yuan [1] - Great Wall Military Industry faced a capital withdrawal of 210 million yuan [1] - Shida Group had an outflow of 208 million yuan [1] Group 3: Other Stocks in the Top 20 - GAC Group experienced a capital outflow of 201 million yuan [1] - Pingtan Development saw a withdrawal of 196 million yuan [1] - Data Port had an outflow of 193 million yuan [1] - China Shipbuilding Defense experienced a capital withdrawal of 182 million yuan [1] - Gree Electric Appliances saw an outflow of 180 million yuan [1] - Shiji Information faced a capital withdrawal of 168 million yuan [1] - Rongjie Co. experienced an outflow of 159 million yuan [1] - Tianqi Lithium saw a withdrawal of 153 million yuan [1] - Tianci Materials had a capital outflow of 152 million yuan [1] - Guomai Technology experienced a withdrawal of 148 million yuan [1]

Core Insights - The home appliance sector in A-shares achieved a total revenue of 1.3 trillion yuan and a net profit of 101.8 billion yuan in the first three quarters of 2025, reflecting year-on-year growth of 7.33% and 10.17% respectively [1][2][3] Revenue Performance - Major companies such as Midea Group, Haier Smart Home, and Gree Electric Appliances led the revenue rankings, with Midea Group generating 364.7 billion yuan, Haier Smart Home 234.1 billion yuan, and Gree Electric Appliances 137.7 billion yuan [2] - In the third quarter, Midea Group's revenue exceeded 110 billion yuan, followed closely by Haier Smart Home and Gree Electric Appliances [2] - Companies like Stone Technology, Ecovacs, and Whirlpool reported revenue growth exceeding 20% year-on-year [2] Profitability Analysis - Midea Group, Gree Electric Appliances, and Haier Smart Home each reported net profits exceeding 10 billion yuan in the first three quarters, while around 12 companies faced losses, with some like Deep Kangjia A and Marsman suffering losses over 150 million yuan [3] - In the third quarter, Midea Group, Gree Electric Appliances, and Haier Smart Home each reported net profits exceeding 5 billion yuan [3] Margin Trends - The average gross margin for the home appliance sector was approximately 24.51%, a decline of 1.16 percentage points year-on-year, with a median gross margin of 21.55%, down 1.35 percentage points [3] - Companies such as Beiliang and Feike Electric reported the highest gross margins, with Beiliang at 62.1%, while over 40 companies had gross margins below 30% [3] - Notable companies with significant gross margin increases included Tongzhou Electronics, Rongjie Health, and He Sheng New Materials, each seeing increases of over 4 percentage points [1][3]

Core Viewpoint - Gree Electric Appliances held its second extraordinary shareholders' meeting for 2025, focusing on strategic discussions about its future growth, including international expansion and diversification into industrial equipment and smart ecosystems [1][3]. Group 1: Shareholder Meeting Highlights - The attendance at the meeting was relatively low, with only about 70 shareholders present, but the engagement level was high, with numerous questions directed at the management team [1]. - Chairman Dong Mingzhu emphasized the importance of showcasing the new management team and their responsibilities in various fields [3]. Group 2: International Expansion - Gree's international strategy has shifted from OEM to focusing on its own brand, with the proportion of self-owned brands in exports increasing from less than 30% to nearly 80% [4]. - The company aims to balance the development of self-owned brand channels in emerging markets, indicating that international expansion remains a key growth area [4][5]. Group 3: Industrial Equipment and Smart Ecosystems - Gree Electric is not only focusing on home appliances but is also making significant strides in the industrial equipment sector, with expectations for this segment to exceed 100 billion yuan [5]. - The company is utilizing a dual-channel approach of direct sales and agency models for its industrial products, leveraging existing home appliance channels for synergy [5]. Group 4: Dividend Policy - Gree plans to distribute a cash dividend of 10 yuan per 10 shares, totaling 5.585 billion yuan, continuing its trend of stable dividends [6]. - Since its listing, Gree has distributed over 177.6 billion yuan in dividends, with a significant portion occurring since 2012 [6][7]. - The company remains committed to maintaining a high and stable dividend policy, which is closely tied to its operational philosophy [7]. Group 5: Sales and Channel Reform - Gree's new sales initiative, "Dong Mingzhu Health Home," has seen over 1,000 stores opened since its launch, indicating a shift in sales strategy [8]. - The company is pursuing a flat channel reform to eliminate middle layers, allowing direct connections between end distributors and headquarters [8]. Group 6: Quality and Product Focus - Dong Mingzhu reiterated that Gree's international efforts are not just about products but also about enhancing the reputation of Chinese manufacturing, emphasizing quality over cost-cutting [9]. - The company believes that its success in various fields stems from its core technology in air conditioning, which has allowed it to expand into other areas like refrigeration and heating [10].

证券代码：000651 证券简称：格力电器 公告编号：2025-044 邵丽国先生简历详见附件。 特此公告。 珠海格力电器股份有限公司董事会 二〇二五年十一月二十五日 附件：邵丽国先生简历 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《中华人民共和国公司法》（以下简称《公司法》）等相关法律法规及《珠 海格力电器股份有限公司章程》（以下简称《公司章程》）的规定，珠海格力电器 股份有限公司（以下简称"公司"）于 2025 年 11 月 24 日召开职工代表大会，选 举邵丽国先生为公司第十三届董事会职工代表董事。 邵丽国先生的任职资格符合《公司法》及《公司章程》等规定，其任期自本 次职工代表大会选举通过之日起至第十三届董事会届满之日止。 本次选举完成后，公司第十三届董事会中兼任公司高级管理人员以及由职工 代表担任的董事人数总计未超过公司董事总数的二分之一。 珠海格力电器股份有限公司 关于选举第十三届董事会职工代表董事的公告 截至目前，邵丽国先生持有公司股份 202,287 股，与持有公司 5%以上股份 的股东以及其他董事、高级管理人员之间不存在关联关系；未受 ...

证券代码：000651 证券简称：格力电器 公告编号：2025-043 珠海格力电器股份有限公司 2025 年第二次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1.本次股东会未出现议案被否决的情形。 2.本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1.召开时间：2025 年 11 月 24 日（星期一）15:30 2.召开地点：广东省珠海市香洲区金鸡路珠海格力电器股份有限公司会议室 3.召开方式：现场投票与网络投票相结合 4.召集人：珠海格力电器股份有限公司董事会 5.主持人：董事长董明珠女士 6.本次会议的召集、召开符合《中华人民共和国公司法》（以下简称《公司 法》）、《上市公司股东会规则》（以下简称《股东会规则》）、《深圳证券交 易所股票上市规则》等有关法律、行政法规、部门规章、规范性文件和《珠海格 力电器股份有限公司章程》（以下简称《公司章程》）的有关规定。 （二）会议出席情况 1.股东出席的总体情况 通过现场和网络投票的股东 12,042 人，代表股份 2,333,850 ...

北京观韬（杭州）律师事务所 关于珠海格力电器股份有限公司 2025 年第二次临时股东会的法律意见书 致：珠海格力电器股份有限公司 北京观韬（杭州）律师事务所（以下简称"本所"）接受珠海格力电器股份有限 公司（以下简称"公司"）委托，指派律师出席公司 2025 年第二次临时股东会（以 下简称"本次股东会"），并依据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、中国证券监督管理委员会 （以下简称"中国证监会"）发布的《上市公司股东会规则》（以下简称"《股东会 规则》"）、《上市公司治理准则》（以下简称"《治理准则》"）等法律、行政法 规、规范性文件及现行有效的《公司章程》等规定，就本次股东会的召集、召开程序、 出席会议人员资格、召集人资格、会议的表决程序、表决结果等事宜出具法律意见书。 为出具本法律意见书，本所律师出席了公司本次股东会，审查了公司提供的本次 股东会有关文件的原件及复印件，包括但不限于公司召开本次股东会的各项议程及相 关决议等文件，同时听取了公司就有关事实的陈述和说明。 公司已向本所承诺，公司所提供的文件和所作陈述及说明是完整、真实和有效的 ...