Dreame Technology moves nimbly to expand overseas
Chinese smart home appliance maker Dreame Technology is stepping up efforts to expand its global presence, pouring significant investment into research and development and driving technological innovation based on user demand.
Ecovacs and Alibaba Cloud Forge Full-Stack AI Partnership
Ecovacs has recently entered into a full-stack AI strategic partnership with Alibaba Cloud. Under the collaboration, the two companies will jointly develop technologies in embodied intelligence across areas such as AI compute, on-device model deployment, and VLM. Ecovacs will also build vertical...
Haier Smart Home Net Profit Rises 14.7% in First Three Quarters
On October 30, Haier Smart Home released its 2025 third-quarter results. The company generated RMB 234.05 billion in revenue for the first three quarters, an increase of 10 percent year-on-year. Net profit attributable to shareholders of the parent company reached RMB 17.37 billion, up 14.7 percent,...
Gree Electric Reports Lower Revenue but Higher R&D Spending
Gree Electric released its 2025 third-quarter report on October 30. For the first three quarters, the company posted RMB 137.18 billion in revenue, down 6.5 percent year-on-year. Net profit attributable to shareholders of the parent company declined 2.27 percent to RMB 21.461 billion. Despite the...
Midea Group Achieves 13.8% Revenue Growth in First Three Quarters
Midea Group announced its third-quarter 2025 results on October 29. The company reported RMB 363.06 billion in revenue for the first three quarters, representing year-on-year growth of 13.8 percent. Net profit attributable to shareholders of the listed company increased 19.5 percent to RMB 37.88...
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