Sina digital news on August 11 evening news, Xiaomi held today Xiaomi’s 10th anniversary speech by Lei Jun, the first time Lei Jun responded to Dong Mingzhu’s one billion bet. Xiaomi lost the bet in five years, but we won in the sixth year. Why bet with sister Dong? Now the reflection is because Xiaomi in 2013 is at the height of the sun, and he is full of confidence. He dares to compare with Gree, so he can’t be too blind and confident. Gree is an excellent old brand manufacturing enterprise. < / P > < p > this is the first time that I have talked about it in public, and I also want to let you know the whole story. At the end of 2013, I was selected as CCTV’s economic man of the year, which was the highest honor that Chinese entrepreneurs could obtain at that time. I was very happy to accept the award. In the backstage of receiving the prize, the director and I called Dong Mingzhu together and said, “can you two make it more lively?”? < p > < p > the year before, Ma Yun and Ma Huateng made a bet, which made it lively for a year. I heard what people mean very clearly. You can see that Gree has been an old manufacturing giant for 30 years, and Xiaomi has worked as a representative of the new economy for three years. Isn’t it a topic to compare the two enterprises? I said yes. I said that Mr. Dong would like us to make a bet, bet a dollar on Xiaomi’s turnover within 5 years, can it exceed Gree’s in 5 years? At that time, the turnover of Xiaomi was more than 20 billion yuan, and Gree was 120 billion yuan. We were a leader of others, but elder sister Dong agreed without thinking about it. As soon as she came on stage, sister Dong said that she would bet $1 billion. I was stunned when I thought about it. I didn’t act according to the script. < / P > < p > you said that gambling 1 yuan is a joke. What is a billion yuan bet? Gambling for one billion has become a social topic. This topic degree, many netizens left me a message saying that you gambled a huge amount in CCTV. I didn’t take it seriously anyway. I really didn’t take it seriously. But elder sister Dong took it seriously. She took it seriously. She cared about Xiaomi very much every now and then. < / P > < p > and every day when you see such reports, you are very depressed. You really don’t know what to do. I feel like I’ll become a net star after I fall into the pit. As long as I appear with Dong Mingzhu, all the cameras of the media will stare at the pictures. You can’t imagine the painting style. It’s all like this. After the whole society is serious, we can’t but be serious. Therefore, we compare the financial reports of Gree, but we are a small company. In five years, we have increased from more than 20 billion yuan to 174.9 billion yuan, an increase of eight times. In fact, I think Xiaomi is quite remarkable. However, we can see that Gree, as an old manufacturing giant, is also very fierce. It has worked from 118.55 billion years to 1981.1 billion, which has also increased by 60%. In fact, Gree has done quite well. Although Xiaomi has done well in the past five years, we failed in the end, so I officially admit that we did lose. People say that you can bet with elder sister Dong in the future. Don’t gamble for 5 years or 6 years. But every time I think of gambling, I feel very regretful and guilty. I don’t think we should make trouble with elder sister Dong, right? Isn’t it all self-made? Recently, it is only in this period of reflection that we have to think clearly step by step. I think Xiaomi in 2013 is at the height of the sun, with a lot of confidence.