Household appliance consumption ranks top on singles' day sales. How much impact does the trade-in of old for new have on manufacturers' performance?

① This year's singles' day sales, household appliances topped the category sales chart with a sales figure of 152.6 billion yuan. ② The "national subsidy" policy for replacing old appliances with new ones has significantly boosted appliance sales in the short term. ③ Analysis suggests that based on the strong demand in the current appliance market and the ongoing policy momentum, household appliance sales are expected to continue growing in the fourth quarter.

cls.cnNov 13 10:09 ET

"Other businesses" dragging down overall revenue gree electric appliances,inc.of zhuhai profit growth without revenue growth in the first three quarters | Interpretations

1. gree electric appliances,inc.of zhuhai did not increase profits in the first three quarters of this year, the net income attributable to the mother increased by 9.30% year-on-year, but the growth rate slowed compared to the same period in the previous two years; 2. The company stated that from the beginning of the year to the end of the reporting period, operating income increased by 2.9% year-on-year to 132.2 billion yuan, while other business income decreased by 45.3% to 14.52 billion yuan, mainly due to the company's adjustment of business structure.

cls.cnOct 30 10:39 ET

Driven by the subsidy for trading in old appliances, the home appliance industry is expected to show strong growth in Q3! november 11 shopping festival-related has become a new starting point for explosive performance.

①Under the consumer goods trade-in policy, the retail sales of household appliances and audio-visual equipment for households of quota-exceeding units increased by 20.5% in September, a significant acceleration of 17.1 percentage points compared to August, with smart home appliances growing at over 30%. ②On the other hand, the real "peak season" for appliance subsidies lies in the november 11 shopping festival-related brought by e-commerce platforms.

cls.cnOct 21 10:46 ET

Cailian Venture Capital Platform | In September, the pace of investment and financing in the capital markets slowed down. Midea Group Co., Ltd. achieved an "A+H" listing......

①In September 2024, there were 36 disclosed financing events in the domestic consumer sector, a year-on-year decrease of 52.6%; according to the disclosed investment and financing amounts, the cumulative financing amount in the consumer sector in April was 2.746 billion yuan, a decrease of 18.3%. ② From a data perspective, both the quantity and amount of investment and financing in September remain at a low level, with the market investment enthusiasm tending towards rationality.

cls.cnOct 20 01:40 ET

Meituan's 'eight-fold discount' still achieves the largest IPO in the Hong Kong stock market in the past three years.

Successfully launched towards the Hong Kong Stock Exchange.

wallstreetcnSep 13 08:11 ET

Elon Musk's 'Blade Runner'-Inspired Cybertruck Now Serves Pizza On The Side

BenzingaSep 5 12:54 ET