SHE:000651

Gree Electric Appliances Shareholder Trims Stake to 15.4%

Gree Electric Appliances (SHE:000651) said Zhuhai Mingjun Investment Partnership trimmed its stake in the company to 15.35% from 16.11%.On June 4, Zhuhai Mingjun Investment Partnership sold 42.8 million Gree Electric Appliances shares for 1.59 billion yuan, according to a Monday filing with the Shenzhen bourse.

Nomura Adjusts Gree Electric Appliances' Price Target to 45.90 Yuan From 50.40 Yuan, Keeps at Buy

Gree Electric Appliances' Profit Rises 3% in Q1 on Higher Revenue; Shares Up 4%

Gree Electric Appliances' (SHE:000651) attributable net profit rose 3% year over year to 6.08 billion yuan in the first quarter from 5.9 billion yuan, according to a Wednesday filing with the Shenzhen Stock Exchange.The appliance manufacturer's earnings per share edged up to 1.09 yuan from 1.07 yuan a year earlier.Operating income declined 3.5% year on year to 43 billion yuan from 41.5 billion yuan.Gree Electric's shares rose 4% in early-morning trade on Wednesday.

Gree Electric Appliances' Profit, Revenue Slide 10% in 2025; Shares Down 4%

Gree Electric Appliances' (SHE:000651) attributable profit fell 10% year over year to 29 billion yuan in 2025 from 32.2 billion yuan, according to a Wednesday filing with the Shenzhen Stock Exchange.The appliance manufacturer's earnings per share edged down to 5.20 yuan from 5.83 yuan a year earlier.Operating income declined 10% year on year to 170.4 billion yuan from 189.2 billion yuan.Gree Electric's shares rose 4% in early-morning trade on Wednesday.