September 18, 2020

Increase in the number of home appliance incentive plans

Increase in the number of home appliance incentive plans Recently, the Geek Park Innovation Conference was held at the Beijing 798 Art Center. Xiaomi Technology founder, chairman and CEO Lei Jun responded to the "Gambler's Odds" at the "Geek Park Innovation Conference": "Last year we predicted that Xiaomi Express Three years and four years at a slow pace will result in a scale of 100 billion yuan, because we have achieved an annual growth rate of 150% last year. This will lead us to pass 100 billion yuan in a short time. ”

He explained: "The first factor is that the Internet is an advanced productive force. Things may not be done much, but they are effective. The second factor is the 'typhoon' of smart devices, such as the Xiaomi router." To the refrigerator and air conditioning are great opportunities."

Traditional home appliance companies are not afraid of the declaration of new Internet companies invading refrigerators and air conditioners.

The multi-day suspension of the United States Group issued an announcement regarding the incentive plan yesterday evening. The conditions of the exercise of the option are: The annual net profit growth from 2014 to 2016 is no less than 15% from the previous year; the net assets of the year The yield is not less than 20%.

Prior to this, Midea had once given up the incentive plan for stock options due to changes in the stock market, but after the overall listing in September last year, Midea Group held 35.49% of the shares held by Midea, the company’s chairman Fang Hongbo and president Huang The professional managers of Kinmen and Matsu held 11.27% shares, and strategic investors such as Rayong and CDH held approximately 12.53% of the shares, and the other shares in circulation accounted for approximately 40.70%.

“After the overall listing, the equity structure of Midea tends to be reasonable, which is conducive to optimized governance.” A brokerage home appliance industry researcher believes that the current competition in the home appliance industry has become increasingly intense, the management of professional managers, the market value of equity, apparently achieved The interests of the parties are bundled; but it is worth noting that such a mechanism is not a panacea; Jiuyang Electric last year withdrew its incentive plan because of falling share prices.

According to the situation of equity incentives for domestic A-share listed companies disclosed by Hejun Consulting's equity, in terms of overall volume, there were 44 in 2006, 15 in 2007, 68 in 2008, 19 in 2009, and 66 in 2010, 2011. 114 companies reached 118 in 2012, totaling 444.

In addition to the United States, Supor, Qingdao Haier, Hisense Electric, Skyworth Digital, TCL Group, Chigo Holdings, ST Kelon and other home appliance listed companies, has also launched a stock options plan in recent years.

“Equity or option incentives are a mainstream in the home appliance industry in recent years.” Insiders told the “First Financial Daily” reporter that due to the relatively mature development of the home appliance industry, especially the large-scale companies, employees’ future The smaller and smaller promotion space can only provide more economic incentives to attract employees to serve these companies for longer.

“The object of incentive for equity incentives is not limited to senior management personnel of the company, such as: general manager, deputy general manager, chief financial officer, director secret, etc.” An analyst from Hejun Consulting also believes that the core R&D and technology of the company and its subsidiaries The talents that have important influence on the company’s production and management, such as sales and key players, are also included in the equity incentive scope, which will effectively mobilize the enthusiasm of the frontline backbone.

According to the same report from Hejun Consultation, in recent years, the number of incentivized objects in China’s listed companies has gradually increased. In 2011, the total number of incentive targets for 114 projects was 13,255, with an average of 116 persons each; in 2012, the total number of incentive targets for 118 projects increased to 18,774, an increase rate of 41.64%, with an average of 159 persons per household. The core staff was included in the scope of incentives, with a growth rate of 37.07%.

"This incentive mainly involves Midea's middle-level backbone, and it also shows that the US mechanism is more flexible after the overall listing; on the other hand, it is also to motivate employees to better achieve the annual target," said industry sources.

In terms of industrial layout, Midea Group went public in September last year and packaged home appliances, small home appliances, motors, and logistics businesses to achieve a full-scale collaboration of the home appliance industry in the United States, the front-end, back-end, and channels. According to the 2013 Q3 financial report, Midea Group achieved operating revenue of 27.807 billion yuan, an increase of 16.29% year-on-year; net profit attributable to shareholders of listed companies was 1.371 billion yuan, an increase of 67.91% year-on-year. The growth rate of performance is obviously higher than the company's level before the overall listing.

According to the forecast of Midea Group's previous announcement, after the overall listing of the Group, the total operating revenue for the whole year of 2013 is expected to reach RMB 118.7 billion, the consolidated net profit will be RMB 8.038 billion, and the net profit attributable to the parent company will be RMB 6.931 billion. If the profit forecast is not reached, the eight major shareholders of Midea Group will give small and medium shareholders a one-time cash compensation.

1.Solar powered outdoor lighting with a maximum run time of 24 hours!
2.15W Led Lamp gives of a strong glow each night
3.Easy to install and requires no wiring, assembly or maintenance
4.Sets up in seconds and starts gathering power the moment its exposed to the sun
5.Over charge and discharge protection provide fail-safe mechanisms against faulty batteries

6.Has a lithium battery with an expected lifespan of 4-5 years                                                      

7. The powerful solar panels will absorb all the necessary energy during the day, for long time use at night. An over charge & discharge protection system ensures, your batteries are always protected from solar energy fluctuations. Will last for 24 hours

Solar Courtyard Light

Solar Yard Lights,Solar Outdoor Lighting,Solar Lights For Garden,Solar Garden Lights

Yangzhou Beyond Solar Energy Co.,Ltd. ,