Author | Tang Bohu On March 3, the topic "Dong Mingzhu suggested raising the personal income tax threshold to 10,000 again" became a hot search topic. On the eve of the two sessions, Dong Mingzhu, deputy to the National People's Congress and chairman of Gree Electric Appliances,

Author | Tang Bohu

On the eve of the two sessions, Dong Mingzhu, deputy to the National People's Congress and chairman of Gree Electric Appliances, said in an interview with the media: "As for raising the personal income tax threshold for workers, I still want to mention it this year. We have had a 5,000 yuan threshold for many years, and now it is indeed It needs to be increased."

In the past two sessions, people's livelihood issues have received high attention. "The people represent the people," Dong Mingzhu's proposal once again speaks to the aspirations of workers.

01

"Let people's better life be reflected in all aspects"

On the eve of the two sessions in 2024, Dong Mingzhu, deputy to the National People's Congress and chairman of Gree Electric Appliances, said in an interview with the media that he "recommends raising the personal tax threshold to 10,000."

Dong Mingzhu said, "Our country is much better now. Education subsidies, pension subsidies, etc., in fact, after these subsidies are finished, the threshold has almost reached 10,000 yuan, so why can't it be paid in one go? As long as the threshold is It is more than 10,000 yuan, which reduces the audit cost, reduces the declaration process time for these people, etc., and also eliminates fraud."

She proposed specific measures: the individual tax threshold can be raised from 5,000 yuan/month to 10,000 yuan/month. On the basis of the highest level of annual taxable income of 960,000 yuan/year, an additional level of 2 million yuan/year (corresponding to a tax rate of 50%-55%) will be added. At the same time, the levels of excessive progressive tax rates will be further optimized and adjusted. , grade gap, prompting tax cuts to favor middle- and low-income people.

Li Daokui, dean of the Institute of Chinese Economic Thought and Practice at Tsinghua University, also said that the threshold for personal income tax should be raised and the personal tax rate should be lowered. The main taxpayers should be enterprises, not individuals.

Since 2003, Dong Mingzhu has been elected as a representative of the National People's Congress for five consecutive terms. According to statistics, in the suggestions she submitted to the Two Sessions over the years, the suggestion on the threshold for personal income tax has been mentioned many times.

During the two sessions in 2022, Dong Mingzhu said that if the salary of the working class is raised to the starting point of 10,000 yuan, there will be about 7,000-8,000 yuan more income every year. Dong Mingzhu said: "The lower personal tax threshold makes the profit of ordinary employees when the company increases wages far less than the cost of the company's expenses, reducing employees' sense of gain and increasing the company's costs."

During the two sessions in 2023, Dong Mingzhu It is again suggested that the threshold for personal income tax be raised to 10,000 yuan, so that the working class can benefit from it and dare to spend.

"I don't think the National People's Congress representatives have a halo. We not only have to do our jobs well, but more importantly, we need to listen to the voices of the people. Every time our representatives make suggestions, we must reflect the voices of the people." Dong Mingzhu express.

For Gree Electric, "the biggest responsibility of the manufacturing industry is to make people's better life reflected in all aspects."

Faced with the economic situation in recent years, Dong Mingzhu emphasized "the need for an uncompromising spirit." Many problems are not problems of a single country or a single environment. "Everyone has difficulties. If you can solve difficulties, that is your ability. We do not shrink from difficulties, it is just a choice."

The Central Economic Work Conference held at the end of last year clearly stated that scientific and technological innovation should be used to promote industrial innovation, especially disruptive and cutting-edge technologies to spawn new industries, new models, new drivers, and develop new quality productivity.

In this regard, Dong Mingzhu said in an interview that "new quality productivity" is a more precise and higher-target requirement in the general direction of high-quality development. "I think we should be down-to-earth, not too ambitious, and solve our current practical problems in a down-to-earth manner and find breakthroughs."

"Solve a small problem every day, and you will have no big problems."

It is reported that during this year's National Two Sessions, Dong Mingzhu focused on strictly restricting the reduction of holdings of major shareholders and directors, supervisors and senior executives, establishing a national intellectual property court, optimizing the personal income tax system, and home appliance companies. Independently undertake the replacement of old items with new ones and put forward a number of relevant suggestions.

02

Innovation is the life of an enterprise

In the capital market, Gree Electric’s stock price has performed relatively well in recent times. As of March 7, the company's stock price was reported at 40.95 yuan, a new stage high. The cumulative increase during the year was approximately 20%, significantly outperforming the market during the same period. The latest total market value rose to approximately 226.4 billion yuan.

In the past 2023, Gree Electric’s revenue and profits hit record highs.

According to the 2023 annual performance forecast released by Gree Electric Appliances, it is expected to achieve revenue of 205 billion yuan to 210 billion yuan in 2023, a year-on-year increase of 7.8% to 10.4%; it is expected to achieve a net profit attributable to shareholders of the parent company of 27 billion yuan to 293 billion yuan. billion, a year-on-year increase of 10.2% to 19.6%; non-net profit is expected to increase by 8.8% to 15.9% year-on-year.

Gree Electric said that in 2023, the company's operating performance will be stable and upward, with revenue and profits increasing compared with the same period last year. The company has always focused on the main business of air conditioning, adhered to the orientation of consumer demand, enriched product categories, and actively expanded sales channels; at the same time, the company continued to carry out industrial transformation and continued to make efforts in diversified fields such as high-end equipment, industrial products, and green energy to create More leading technologies provide growth momentum for performance.

Dong Mingzhu said that in 2023, Gree Electric achieved its best performance in the company’s history 33 years ago, and its tax payment also reached a record high of approximately 17.6 billion. She expressed the hope that Gree Electric’s national tax revenue will exceed 20 billion yuan in 2024.

At the end of January 2024, at the "Look at the Present and Create the Future - Gree 2024 Global Dream Ceremony", Dong Mingzhu publicly announced that an additional 200 million would be used to give year-end bonuses to employees. Dong Mingzhu emphasized that Gree Electric Appliances has its own mission and responsibilities. It is not a simple factory, let alone a factory built for profit. She said: "Looking to the next five years, we strive to double (performance)."

Taking 2012 as the boundary, Gree has created 5 times its income in 10 years. The company has paid an average of more than 14.073 billion yuan in dividends to shareholders in the past five years. . Dong Mingzhu believes that this is because Gree Electric is aware of its mission and responsibility, "We have a sense of mission, we must be responsible for society, and we must create a better life for mankind."

The first important thing to create a better life for mankind is "innovation". Innovation is the life of an enterprise and brings unlimited possibilities for a better life. Without innovation, it is impossible for a business to grow.

"Technology creates wealth." Dong Mingzhu said that a product with strong innovation ability, high technological content and high product quality will make consumers willing to buy it and it will be more cost-effective to use. In the long run, consumers save money and companies can enjoy higher prices and profits. It is a win-win situation for both parties.

In Dong Mingzhu’s view, “independence” is more important than “innovation” in the innovation process. "Taking other people's innovation or borrowing other people's technology cannot deny that it is not innovation, but it is certainly not the best innovation." Dong Mingzhu said that to persist in independent innovation, we must adhere to independent management, independent technological innovation, and independent talent cultivation. mode, both are indispensable.

can master core technologies through independent innovation, continuous breakthroughs and subversions. After mastering core technologies, enterprises must use core technologies to contribute to society and serve people to live a better life, thereby realizing the significance of high-quality development of enterprises.

03

Enterprises must create value for society

The basis for creating a better life for mankind is responsibility.

In Dong Mingzhu’s view, in order to create value for society, enterprises must not only be able to innovate, but also have “altruistic” thinking: “We have struggled with what sells in the market and what we do, but we must not forget that the existence of enterprises The value of others is that others depend on us. What kind of behavior we use to help social development must first have the spirit of suffering losses."

To this end, Gree developed the world's first mine air conditioner and spent a lot of research and development funds. Dong Mingzhu believes that the significance of these products is not to make profits, but to give people a better life.

In addition to mine air conditioners, Gree also manufactures special mobile fresh-keeping equipment for lychees.

Some lychee farmers in Guangdong once proposed that better lychee preservation equipment is needed to protect profits. Gree reacted immediately after seeing the report in the media.In 40 days, Gree developed a mobile fruit and vegetable preservation device that allows fruit farmers to ship lychees around the world. Dong Mingzhu concluded, "This is altruistic thinking, this is the life of an enterprise, and this is the value of an enterprise."

From "good air conditioners made by Gree" to "Gree masters core technology" to "making the sky bluer and the earth greener" " Gree has not only built a complete industrial chain integrating R&D, sales and other links, but has also always been committed to assuming social responsibilities, creating a world-class enterprise, and achieving a century-old brand.

Moreover, the true meaning of jointly creating a better life for mankind lies in green development.

Protecting the natural environment of the earth is to protect the beautiful homeland of mankind. As early as 2013, Gree made a promise to the earth: "Make the sky bluer and the earth greener." In the course of ten years of development, Gree's environmental protection achievements have also been very dazzling.

Gree Electric started researching green carbon-related products in 2012. From photovoltaic air conditioners to "zero carbon source" light storage systems, various products are improved with environmentally friendly technologies and can create a carbon sink of 116 billion trees in 100 years. quantity. Gree has fulfilled its commitment to energy conservation and environmental protection with practical actions.

In the wave of digital transformation in the manufacturing industry, Gree Electric Appliances pays more attention to the power behind the "black light factory". According to Dong Mingzhu, Gree Electric has achieved "zero carbon" emissions at the production end through independent research and development in recent years. Gree's independently constructed renewable resource recycling system has so far processed more than 47 million units of discarded electronic products, reducing carbon emissions by approximately 2.25 million tons. Through the cooperation between the production end, the consumption end, and the recycling end, green, circular, and sustainable development of the entire product cycle can be achieved.

In the future, Gree will continue to develop and innovate green and low-carbon technologies, actively participate in global environmental protection, promote global green transformation, contribute Gree's strength to the "double carbon" era, and jointly protect mankind's beautiful homeland.

Under the vision of creating a better life together, the importance of talent team building has become increasingly prominent.

Recently, Dong Mingzhu said in an interview in Beijing that Gree recruits 3,000 to 5,000 college students from domestic universities every year to provide them with employment platforms and encourage young people to innovate independently and transform the knowledge they have learned into productivity.

years of practice have proven that whether they are R&D talents, management talents, or technical talents, they can get better benefits and career development opportunities in Gree, and they will also find a sense of belonging and accomplishment in Gree. In addition, Gree will also strengthen cooperation with universities and scientific research institutions to jointly cultivate more top-notch innovative talents and provide a strong guarantee for the innovative development of enterprises. The mission of

manufacturing industry is to make the best and most advanced products in the world. Dong Mingzhu has repeatedly emphasized: "We are not a simple factory, and we are not just a factory for profit. We have a sense of mission, we must be responsible for society, and we must create a better life for mankind!"

- end -

Produced by Nanfeng Window Yangtze River Delta Research Institute

Author | Tang Bohu

Editor | Ma Ke

Coordinator | Cha Yiming

Typesetting | Jing Shan

Follow Nanfeng Window to see more exciting content