Gree posted revenue of 70.602 billion RMB in H1 2020, down by 28.21% year-on-year, net profit 7.696 billion RMB, down by 53.11% year-on-year, net profit attributable to shareholders 6.362 billion RMB, down by 53.73% year-on-year, net profit after deducting non-recurring profit and loss 5.996 billion RMB, down by 55.23% year-on-year, according to the company’s half-year report released on August 30, 2020.