Gree CMO Zhu Lei: Claiming an air conditioner uses only one kilowatt-hour of electricity per night is a marketing gimmick.

Gelonghui, June 16 — Recently, Zhu Lei, CMO of Gree Electric, sharply criticized marketing malpractices in the home appliance industry during a conversation with Sina Tech. He stated, “There used to be a gimmick claiming ‘only one kilowatt-hour of electricity per night,’ and now it’s being revived again. The truth behind this gimmick is this: if the outdoor temperature is 26 degrees Celsius and the indoor temperature is also maintained at 26 degrees, the air conditioner’s compressor barely runs—only the fan operates. Under such conditions, it wouldn’t even consume one kilowatt-hour; that’s clearly just a marketing stunt.”

Gelonghui FinanceJun 16 10:53

Gree Electric Appliances: Comprehensively utilizing cash dividends, share repurchases, investor relations management, and other measures to encourage the stock price to reflect the company's investment value.

Gelonghui, June 11 | On June 11, Gree Electric Appliances stated on an interactive platform that the company places importance on market capitalization management, focusing on enhancing operational efficiency and profitability. It comprehensively employs measures such as cash dividends, share repurchases, and investor relations management—tailored to its specific circumstances—to ensure its stock price reflects the company’s investment value. Over the past three years, the company’s profitability has consistently ranked among the industry leaders, and it has maintained a high level of dividend payouts, distributing a total of RMB 46.7 billion in dividends over this period—an industry-leading level. In 2026, the company announced a share repurchase program worth RMB 5–10 billion, with at least 70% of the repurchased shares to be canceled to enhance earnings per share. The company has implemented an employee stock ownership plan.

Gelonghui FinanceJun 11 21:53

Express News | Fidelity International views Chinese white appliance stocks as high-quality AI investment targets.

BreakingsJun 11 19:01

Decentralized Ventilation System Market Size to Cross USD 11.32 Billion by 2031 -- Retrofit & Renovation Segment Leads as Europe Commands 39% Global Share | Arizton

PR NewswireJun 10 22:09

JPMorgan downgrades Haier Smart Home (06690.HK) target price to HK$25; prefers Midea Group (000333.SZ) as top pick

JPMorgan published a research report stating that Chinese home appliance stocks should no longer be valued based on the domestic appliance cycle alone, but rather viewed as a combination of cash-cow yields, global challenger growth, and optionality embedded in industrial technology—an issue the firm believes investors should reassess. The traditional framework—subsidies, replacement cycles, and profit margins—remains relevant but overlooks a more critical transformation: China’s B2C business is becoming the cash-generative base, overseas OBM (own-brand manufacturing) is emerging as the growth engine, and B2B industrial technology could drive valuation multiple expansion. This issue is particularly timely because the sector’s pricing still reflects the old paradigm: 10

AASTOCKSJun 10 12:22

Guotou Securities: Domestic home appliance demand is expected to face downward pressure in Q2; recommends focusing on three investment themes—'dividend yield + overseas expansion + technology'.

The bank recommends focusing on three investment themes: 'dividend yield, overseas expansion, and technology.'

Zhitong FinanceJun 9 16:54