Today, the topics # Dongmingzhu responds to his bet with Lei Jun again and # Dongmingzhu broke the Xiaomi air conditioner patent infringement and paid 500,000 yuan # were hot searches on Weibo, causing heated discussions on the Internet. It is reported that in the "Zhenzhijujian" column, Dong Mingzhu, chairman of Gree Electric Appliances, responded to the 1 billion bet with Lei Jun. She said that Lei Jun lost in the first five years, but no one bet with him in the second five years. Success or failure has its own logic. Dong Mingzhu said: "I have the goal of maximizing the interests of shareholders. How about you, Lei Jun, compared with me? How much money did you give to shareholders? After you took so much money from shareholders, where did it go after you use it up? What is the return to shareholders?"
In addition, during the interview, Dong Mingzhu also revealed that Xiaomi recently paid Gree 500,000 due to patent infringement.
It is understood that on December 12, 2013, at the 14th China Economic Person of the Year Award Ceremony hosted by CCTV Financial Channel, Lei Jun and Dong Mingzhu had a heated debate on the development model and made a huge bet of 1 billion yuan. Lei Jun said that Xiaomi's turnover will exceed Gree's within five years. If it exceeds, he hopes Dong Mingzhu can compensate himself one yuan. Dong Mingzhu responded that if the amount exceeds 1 billion, she is willing to pay 1 billion.
On March 26, 2019, Dong Mingzhu, chairman and president of Gree Electric Appliances, responded to media questions about the bet with Lei Jun on the sidelines of the 2019 Boao Forum for Asia. He said that he did not go to Lei Jun to ask for money. On April 28, Gree Electric disclosed its 2018 annual report. In 2018, it achieved operating income of 198.12 billion yuan, a year-on-year increase of 33.61%; Gree's total revenue of 198.12 billion yuan beat Xiaomi's 174.9 billion yuan. Dong Mingzhu officially won the "billion bet" made with Lei Jun five years ago.
On the evening of April 27, 2020, Lei Jun shouted to Dong Mingzhu: "Will this five-year bet continue?" On August 11, Lei Jun responded to the five-year bet with Dong Mingzhu for the first time: I won in the sixth year and regretted the bet.