Gree Electric Releases 2025 Annual Results and Q1 2026 Report

Gree Electric announced its 2025 annual results, reporting revenue of RMB 170.447 billion, down 9.89% year-on-year, while net profit attributable to shareholders reached RMB 29.003 billion, also down 9.89% year-on-year. On the same day, Gree also released its Q1 2026 report. Benefiting from gradual channel adjustments, intensive new product launches, and recovering domestic and overseas demand, the company achieved a strong rebound in performance during the first quarter. Revenue reached RMB 43.08 billion, up 3.46% year-on-year, while net profit attributable to shareholders increased 3.01% to RMB 6.082 billion, both hitting record highs.