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Although relevant parties have successively announced the investment amount, Zhuhai Yinlong, as a party, has kept it secret. As of the press release, Yinlong has not yet confirmed the above data.

For Wang Jianlin, investment is not so much based on his understanding of Yinlong, but rather on his "support" for Dong Mingzhu. According to Wei Yincang, Chairman of Yinlong Group, "Wanda Group did not conduct due diligence, it was entirely for the sake of Mr. Dong." Wang Jianlin also confirmed in an interview, "Without any careful consideration, it was just believing in Mr. Dong

Why must it be Yinlong?

According to the notice from Gree Electric Appliances, Dong Mingzhu holds 0.74% of the company's shares, totaling 44.2985 million shares. Based on the current stock price of 25 yuan per share, Dong Mingzhu's holdings of Gree Electric Appliances are worth around 1.1 billion yuan. Based on Gree Electric's high dividends in recent years, Dong Mingzhu has received a cash dividend of 200 million yuan. To some extent, Dong Mingzhu's statement of "investing all personal assets" in Yinlong is not an exaggeration.

Such determination may also have infected Wang Jianlin, who has been closely cooperating with Dong Mingzhu. According to him, Wanda Group has issued internal documents stating that all small household appliances choose the Gree brand.

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