Yu Hao, founder and CEO of Dreame Technology, addressed external skepticism by clarifying that the tens of millions of yuan invested in the company’s recent concert amount to just a single day’s R&D expenditure. Dreame Technology boasts a workforce of roughly 20,000 R&D and management professionals, with a daily R&D investment of approximately 40 million yuan. Yu Hao further disclosed that the company earmarks 18% of its main business’s net profit for employee bonuses, with the total year-end bonus pool expected to reach the 1 billion yuan mark.
On February 4th, Dreame Technology hosted a concert, during which Yu Hao expressed his ambition to become the world’s wealthiest individual in the years ahead. In response to criticism over his “overly flamboyant” public persona, he emphasized the importance of embracing an open and inclusive corporate culture. He reiterated that Dreame Technology’s mission is to “propel the advancement of human society and civilization through technological innovation,” rather than being driven solely by profit motives.
