Gree Electric Appliances, Inc. of Zhuhai reported steady revenue and increased net profit. The proportion of air conditioner business increased by nearly 8 percentage points. Interpretations

① In the first half of 2024, the revenue of Gree Electric Appliances,Inc.of Zhuhai increased by only 0.55%, but the net profit attributable to non-controlling interests increased by 14.91% year-on-year. ② Against the backdrop of the company's vigorous development of the second curve of refrigeration and washing, the proportion of air conditioning business has increased by 8 percentage points year-on-year. Analysts believe that gree electric appliances,inc.of zhuhai's refrigeration business is facing significant competitive pressure and is still in a stage of breakthrough.

cls.cnAug 30 11:41 ET

The air conditioner expansion plan of 2.5 billion yuan is expected to stimulate demand according to Haier Smarthome's old-for-new policy. | Speed ​​Reading Announcement

1. Haier Smarthome disclosed a nearly 2.5 billion yuan investment plan for air conditioner expansion yesterday evening, and expressed optimistic expectations for the household appliance market in the second half of the year. 2. In a highly anticipated research report released by Goldman Sachs earlier, the air conditioner industry was categorized as having 'excess production capacity,' while Haier Smarthome, in disclosing the expansion plan, stated that there is still significant growth potential for high-efficiency, comfortable, and smart air conditioning products.

cls.cnAug 27 12:29 ET

Is it difficult to do business both online and offline? Shanghai Rongtai Health Technology Corporation: Product prices continue to decline, the halo of top hosts is no longer shining | Interpretations

①After experiencing two consecutive years of declining revenue, the domestic massage chair leader Shanghai Rongtai Health Technology Corporation saw a further decline in revenue in the first half of the year; ②Against the backdrop of weak market demand and intensified competition, the company's offline business product prices continued to decrease; ③In terms of online business, the company stated that the influence of top KOLs weakened, platform price wars and subsidy policies were frequent, algorithmic price comparisons intensified, and gross margins decreased across various channels.

cls.cnAug 27 12:03 ET

Haier Smarthome's net profit in the first half of the year reached 10.42 billion yuan, an increase of 16.26% YoY | Financial Report News.

Haier smarthome achieved revenue of 135.623 billion yuan in the first half of the year, a year-on-year increase of 3%. The company also announced on the same day that it plans to invest 2.494 billion yuan to build 5 million sets of air conditioning projects.

wallstreetcnAug 27 09:27 ET

The game "Black Myth: Wukong" continues to be popular and is expected to drive increased demand for cloud gaming.

gtja believes that on August 20, 2024, the game "Black Myth: Wukong" produced by Game Science will be launched, and the topic of the product will continue. It is expected to break through the circle and attract more non-traditional console game players who do not have hardware requirements to experience cloud gaming.

cls.cnAug 25 19:46 ET

Guoguang Electric's Q2 net profit increased by over 159% QoQ, with speakers and amplifiers being the main source of revenue. Interpretations of the financial report.

Guoguang Electric's net income increased by more than 60% year-on-year in the first half of this year, and audio speakers accounted for more than 80% of revenue. The company stated that the increase in H1 revenue was due to the increase in revenue from audio and sound business. Its Q2 2024 net income increased by 159% compared to the previous quarter. A person from Guoguang Electric's securities department said that the second and third quarters are usually the company's peak season.

cls.cnAug 20 10:58 ET