Suning.com releases consumption trend report for air conditioners during 618 shopping festival

Suning.com releases consumption trend report for air conditioners during 618 shopping festival on June 16 2022. According to the report, residential air conditioner sales surged by 68% YoY since the company launched its 618 promotion campaign on May 23, of which 86% of consumers choose domestic...

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JD.com Reports over RMB 379.3 Billion Yuan Transaction Volume for 2022 618 Grand Promotion

As of 23:59 on June 18th Beijing time, JD.com reported a total transaction volume of RMB 379.3 billion yuan for 2022 JD618 Grand Promotion, which exceeds last year’s RMB 343.8 billion yuan.

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Highly joins hands with Voltas to build a compressor factory in India

Highly International (Hong Kong), a wholly-owned subsidiary of Shanghai Highly (Group) Company, signed a joint venture agreement with Voltas Ltd, a India-based leading air conditioner manufacturer, to build an air conditioner compressor factory with an annua capacity of 4 million units in India,...

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Haier Smart Home posted net profit of 3.517 billion RMB for Q1 2022

Haier Smart Home posted revenue of 60.251 billion RMB for Q1 2022, up 10% YoY, and net profit attributable to shareholders of the listed company 3.517 billion RMB, up 15.12% YoY, according to the company’s report for Q1 released on April 28, 2022. It is learned that the company’s revenue from...

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Net profit of Skyworth up 33.74% YoY for Q1 2022

Skyworth posted revenue of 2.77 billion RMB for Q1 2022, up 24.81% YoY, net profit attributable to shareholders of the listed company 0.208 billion RMB, up 33.74% YoY, and net profit attributable to share holders of the listed company after non-recurring profit and loss deduction 0.196 billion RMB, ...

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