Recently, Haier Smart Home, leveraging its deep cultivation of artificial intelligence technologies and smart home strategy, was successfully approved to take the lead in the Shandong Province “Strategic Key Standardization Project for Critical AI Multimodal Interaction Technologies in Smart Home Appliances,” becoming the only lead enterprise in the industry in Shandong Province.

Recently, Haier Smart Home, leveraging its deep expertise in artificial intelligence technology and smart home strategy, was successfully approved to take the lead in the Shandong Province “Strategic Key Project for the Standardization of Key AI Multimodal Interaction Technologies for Smart Home Appliances,” becoming the only leading enterprise in the industry in Shandong Province. This represents Shandong Province’s strong recognition of the enterprise’s technological innovation capabilities and is also an important practical step in Haier Smart Home’s development of a platform-based, service-oriented technology ecosystem enterprise: through the standardization of AI technologies for smart home appliances, it will help drive the coordinated upgrading of smart home appliance technologies across the industry.

Procurement Announcement for Air Conditioners in the EPC General Contracting Project of the 220 kV Power Transmission and Transformation Project at Bensteel Group's Energy General Plant 1. Procurement Conditions The purchaser for this procurement project, the EPC General Contracting Project of the 220 kV Power Transmission and Transformation Project at Bensteel Group's Energy General Plant - Air Conditioners (AGGCJSHGXHD250827232836), is the Procurement Office of Ansteel Group Engineering Technology Co., Ltd. The funds for the procurement project are self-raised, and the project has met the procurement conditions. A public inquiry and comparison are now being conducted. 2. Project Overview and Procurement Scope 2.1 Project Name: EPC General Contracting Project of the 220 kV Power Transmission and Transformation Project at Bensteel Group's Energy General Plant - Air Conditioners 2.2 Alternative Procurement Methods in Case of Procurement Failure: Transition to Negotiated Procurement or Direct Procurement 2.3 The procurement content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf." 3. Bidder Qualification Requirements 3.1 Joint bidding is not allowed for this procurement. 3.2 This procurement requires bidders to meet the following qualification requirements: (1) Business License 3.3 This procurement requires bidders to meet the following registered capital requirements: Registered Capital: 500 (10,000 yuan) or more 3.4 This procurement requires bidders to meet the following performance requirements: The bidder must have at least one air conditioner supply performance (contract and corresponding VAT invoice) since 2022. 3.5 This procurement requires bidders to meet the following capability requirements, financial requirements, and other requirements: Financial Requirements: The bidder's registered capital shall not be less than 5 million yuan. Capability Requirements: (1) Scanned copy or photo of the original Business License (or duplicate). (2) Scanned copy or photo of the original Tax Registration Certificate (or duplicate), except for those with a unified social credit code. (3) Scanned copy or photo of the original Organization Code Certificate (or duplicate), except for those with a unified social credit code. (4) Type of bidding enterprise: Unlimited. (5) The air conditioner brands required for this tender are Gree, Midea, and Haier. Agent bidders need to provide valid authorization for the brands they are bidding on (project authorization is allowed). When the producer bids, the agent's bid is invalid. Other Requirements: Refer to the attachment for details (if necessary). 3.6 For projects that must be tendered according to the law, bidders who are dishonest persons subject to enforcement shall be invalid. 4. Acquisition of Procurement Documents 4.1 All interested bidders are requested to log in to the Ansteel Smart Tendering and Bidding Platform at http://bid.ansteel.cn from 15:15 on August 27, 2025, to 08:00 on September 4, 2025 (Beijing Time, the same hereinafter) to download the electronic procurement documents. Click for Details:

Recently, the launch ceremony for the "Hydrogen Vehicle 10,000-Mile Journey" event, organized by Henan Hydrogen Power Technology, was held ceremoniously at the Haier Industrial Park in Zhengzhou. Co-hosted by Henan Hydrogen Power Technology and Yutong Commercial Vehicle, and in collaboration with Feijie Cold Chain (a customer) and Tianhong City Distribution (an operator), the event marked the commencement of large-scale demonstration operations for hydrogen fuel cell refrigerated logistics vehicles, signaling a gradual shift towards marketization and large-scale development of green cold chain logistics powered by hydrogen energy in Henan Province. At the ceremony, hydrogen fuel cell refrigerated logistics vehicles from Henan Hydrogen Power Technology, equipped with advanced hydrogen fuel cell technology from State Hydrogen Technology, were lined up neatly, ready for departure. Hu Junjie, General Manager of Henan Hydrogen Power Technology, delivered a speech, stating that the "Hydrogen Vehicle 10,000-Mile Journey" event is a significant milestone in the development of the hydrogen energy industry. By organizing enterprises to conduct large-scale cross-regional demonstration operations of fuel cell vehicles nationwide, it effectively integrates industry resources and promotes in-depth cooperation and collaborative innovation among upstream and downstream enterprises in the industry chain. Ping Weiqiang, Manager of the Strategic Customers Branch of Yutong Commercial Vehicle Light Trucks, expressed that the vehicles put into demonstration operation this time integrate Yutong's leading electric control and intelligent temperature control systems, directly addressing the pain points of high energy consumption and emissions in traditional cold chain logistics, and providing the industry with a reliable, zero-carbon, and efficient transportation solution. Dong Xiongfei, Chairman of Feijie Cold Chain, delivered a speech, highly recognizing the practical value of hydrogen fuel cell refrigerated vehicles: "Their ultra-long driving range, stable and reliable system, precise temperature control, and zero-emission characteristics perfectly meet the stringent requirements of cold chain transportation for fresh produce, less-than-truckload (LTL) shipments, pharmaceuticals, and other goods. This 10,000-mile journey is a valuable practical test. We will systematically collect operational data, optimize the application mode of hydrogen vehicles in urban distribution scenarios, and accelerate the commercialization process." The "Hydrogen Vehicle 10,000-Mile Journey" event is not only a technological showcase but also a promotion of environmental protection concepts. Through this event, we convey to the public the importance of green logistics and clean energy. Looking ahead, we believe that hydrogen fuel cell refrigerated logistics vehicles will showcase their unique charm on an even broader stage. With continuous technological advancements and policy support, hydrogen energy will play an increasingly important role in the logistics industry. We look forward to bringing cleaner, more efficient, and sustainable logistics solutions to society through sustained efforts and innovation.

The profound adjustments in the real estate market and the pullback in property prices have created more opportunities for bulk transaction buyers. Recently, several industry enterprises have made moves to acquire commercial office properties in first-tier cities such as Beijing, Shanghai, and Shenzhen. On May 16, Shanghai Xinhuangpu Industrial (600638.SH) disclosed that the company intends to acquire the Silicon Valley SOHO-Building 2 project in Changping District, Beijing, from Beijing Boxing Zhongye Real Estate Company. The underlying asset is the property rights of Building 2, No. 21 Zhongxing Road, Changping District, Beijing. Silicon Valley SOHO-Building 2 in Changping District is an office building project developed by Boxing Zhongye, a subsidiary of Beijing Zhenghong Real Estate Group, in 2017. It is understood that the consideration for the property rights in this transaction is 215 million yuan. Based on a gross floor area of 21,759 m², the unit price is 9,880 yuan/m². "This asset acquisition transaction will further enhance the company's business scale, expand its regional business layout, strengthen its market development capabilities, and enhance its sustainable operating and profitability capabilities," Xinhuangpu Industrial stated. In addition to Shanghai Xinhuangpu Industrial, industry giants such as an elevator manufacturer, a technology company, and an "ophthalmology leader" have also entered the real estate market in recent times. According to information released by JLL on April 22, a company under Zhejiang's leading private enterprise, Xizi International, acquired the Shanghai Jinglaifang project, but did not disclose the specific price of this transaction. Public information shows that Jinglaifang is located in the Daning business district of Jing'an District, Shanghai, adjacent to the North-South Elevated Road and the Yanchang Road Station of Metro Line 1, and is an office property in the Daning area. The project consists of four independent office buildings with a total gross floor area of approximately 37,000 m². According to information from Xizi International's official website, the company is among China's top 500 private enterprises and has developed into a diversified private enterprise group primarily engaged in elevator and parking equipment manufacturing. While the elevator industry giant was making property purchases in Shanghai, technology enterprises also made their moves. According to information released by Espressif Systems (Shanghai) Co., Ltd. (688018.SH) on April 30, the company intends to purchase the property located at Building 3, No. 3, Lane 235, Yubei Road, Pudong, Shanghai, from Shanghai Lujiazui Group. The gross floor area of the underlying property is 12,996.91 m², with a total price of approximately 437 million yuan. According to Espressif's 2024 annual report, it is not just a chip company but also an ecosystem company covering IoT technologies. It possesses full-stack engineering capabilities, including hardware, operating systems, software solutions, cloud, and AI, providing one-stop AIoT products and services to enterprises and developers worldwide. Regarding the purpose of this property purchase, the company stated that it intends to use it for the construction of projects funded by public offerings and for its R&D and office needs. In addition, Aier Eye Hospital Group Co., Ltd. (300015.SZ) disclosed on May 13 that its wholly-owned subsidiary, Shenzhen Binhai Aier Eye Hospital, successfully acquired, through the Guangdong United Assets and Equity Exchange, a 60% stake in Shenzhen Grand Sun Digital Technology Co., Ltd. and a specific creditor's rights project. The assets of the target company include the "Grand Sun Science and Technology Innovation Building," which Aier Eye plans to use as a long-term medical facility for Shenzhen Binhai Aier. The transaction was paid for with the company's own funds, with a transaction price of approximately 649 million yuan. Given that Shenzhen Liangshi Medical Investment Co., Ltd. holds a 40% stake in Grand Sun Digital, and Shenzhen Liangshi is a wholly-owned subsidiary of Aier Real Estate, which is in turn a wholly-owned subsidiary of the company's controlling shareholder, Aier Medical Investment Group, this transaction constitutes a related-party transaction. Aier Eye stated that Shenzhen, as an economically developed and densely populated city, has a robust demand for ophthalmic medical services. Through this transaction, Shenzhen Binhai Aier will gain control of Grand Sun Digital, and its "Grand Sun Science and Technology Innovation Building" will serve as a long-term medical facility for Shenzhen Binhai Aier, further enhancing Shenzhen's medical service network. Regarding multiple buyers purchasing commercial and office properties in first-tier cities, industry insiders pointed out that manufacturing and technology companies inherently have needs for office space and R&D facilities. These companies' purchases of properties may not necessarily be driven by investment considerations but rather by the need to meet their own office and business development requirements. Taking the large-scale property transactions in Shanghai in the first quarter of this year as an example, Sun Ling, Head of Investment and Capital Markets for JLL East China, stated that from the perspective of transaction purposes, transactions primarily aimed at investment further increased in the first quarter of 2025, accounting for as much as 86%. At the same time, a portion of large-scale transactions were also driven by self-use needs. Analysts believe that, from the perspective of market conditions, it is currently a good time for both self-use and investment buyers to enter the market. "Although the current rental fundamentals and transaction sentiment still need improvement, the property investment market presents a situation of both opportunities and challenges. Buyers should remain vigilant, actively capture market signals, prudently analyze investment opportunities, and strive to seize the initiative as the market gradually recovers," said Wang Jing, Head of Investment and Capital Markets for CBRE East China. In the view of Pang Shudong, Head of Investment and Capital Markets for JLL China, the current prices of real estate assets have become more reasonable after adjustments, and the synergistic effects of monetary policy easing and stimulus policies will become one of the key factors for market recovery. "As the government continues to ramp up policies to boost consumption, we expect market confidence to gradually recover. High-quality retail, commercial, and other properties in prime locations, which offer stable operational income and superior operational performance, will demonstrate strong investment appeal," said Pang Shudong. Wang Jing also believes that policies promoting consumption and industrial upgrading are expected to drive the release of demand for retail, commercial, and industrial real estate, thereby attracting a new round of investment interest.

On April 27, Hongyang New Energy Development Group Jilin Co., Ltd. announced the shortlisted results of the framework tender for the Altay Fuhai County PV ESS Hydrogen-Ammonia-Methanol Integrated Project. The Altay Fuhai County PV ESS Hydrogen-Ammonia-Methanol Integrated Project involves the construction of a new 36,000 mt/year green hydrogen system, primarily including a 50,000 Nm³/h electrolytic water hydrogen production system and related auxiliary systems, 72 sets of 1000 Nm³/h alkaline electrolyzers, a total of 30 spherical storage tanks with a capacity of 2000 m³/1.5 MPa, a 100,000 mt/year green synthetic ammonia production line, one 150,000 mt/year synthetic methanol system, one PV ESS ammonia integrated intelligent dispatching center, office buildings, and other supporting auxiliary facilities and equipment, as well as a power distribution system to ensure the normal operation of the park. According to the winning bid result, 18 enterprises were shortlisted, namely, China Construction Third Engineering Bureau Second Construction Engineering Co., Ltd., China Construction Second Engineering Bureau Ltd., China Erzhi Group Co., Ltd., China Construction Fifth Engineering Bureau Installation Engineering Co., Ltd., China Railway Construction Bridge Engineering Bureau Group Co., Ltd., Benxi Electric Power Installation Co., Ltd., Guangxi Construction Engineering Group Holding Co., Ltd., China Construction Fifth Engineering Bureau Third Construction Co., Ltd., China Nuclear Huachen Construction Engineering Co., Ltd., PowerChina Henan Engineering Co., Ltd., Qingdao Haier PV New Energy Co., Ltd., Shanghai Zhongshenzhe Construction Engineering Co., Ltd., China Construction Sixth Engineering Bureau Group Co., Ltd., China Railway 24th Bureau Group Co., Ltd., Jiangsu Huachen Energy Development Co., Ltd., China Construction Road & Bridge Group Co., Ltd., Xindi Energy Engineering Technology Co., Ltd., and CCCC First Highway Engineering Bureau Haiwei Engineering Construction Co., Ltd.

Gree Electric Appliances (000651.SZ) released its 2024 annual performance report today, revealing a decline in revenue and an approximately 11% year-on-year increase in net profit attributable to the parent company's shareholders. Considering the performance of several leading home appliance producers that have already disclosed their results, it is an indisputable fact that the growth of traditional home appliances is sluggish, and finding new sources of performance growth has become one of the most important issues facing these producers. A reporter from Cailian Press noticed that in its 2024 annual report, Gree Electric adjusted its long-standing revenue composition classification, which may reflect a psychological shift in the company's approach to diversification. According to the financial report data, Gree Electric achieved operating revenue of 189.164 billion yuan in 2024, a 7.26% decrease from 2023, and a net profit attributable to the parent company's shareholders of 32.185 billion yuan, a 10.91% increase from the previous year. During the same period, the net operating cash flow of Gree Electric decreased significantly by 47.93% compared to 2023, and the weighted average return on net assets dropped by 1.11%. In comparison with peers, Gree Electric's performance report is not unexpected. The previously disclosed performance data showed that Midea Group (000333.SZ) achieved revenue growth of 9.44% and net profit growth of 14.29% in 2024, while Haier Smart Home (600690.SH) saw increases of 4.29% and 12.92% in these two indicators, respectively, compared to the previous year. Although the three home appliance giants have extended their business reach into more fields, home appliances still remain their highest-weighted source of revenue in terms of revenue proportion. Data shows that in 2024, the average revenue growth rate of the A-share home appliance sector was only 8.16%, and the average net profit growth rate was even lower at -43.27%, marking the lowest level in the past three years. With the traditional home appliance market showing signs of fatigue, seeking new growth space through diversification has become an inevitable choice for producers. Midea Group's main products now cover fields such as smart homes (including home appliances), new energy, smart buildings, and robots. In addition to consistently promoting refrigeration and washing products, Gree Electric has also expanded its main business to include industrial equipment manufacturing and green energy. Regarding diversification, a subtle change in Gree Electric's 2024 annual report is worth noting. A reporter from Cailian Press observed that in 2021, Gree Electric began classifying its revenue composition into seven categories in its annual report: air conditioners, household appliances, industrial products, intelligent equipment, green energy, other main businesses, and other businesses, a classification that was maintained until 2023. However, in the 2024 annual report, the revenue composition was adjusted to five categories: consumer appliances, industrial products and green energy, intelligent equipment, other main businesses, and other businesses. In other words, in the 2024 annual report, Gree Electric no longer separately discloses specific data for air conditioners and household appliances (mainly including refrigeration and washing products, kitchen appliances, etc.), and the same applies to industrial products and green energy. Against the backdrop of sluggish growth in the traditional white goods market, the expansion of Gree Electric's businesses beyond air conditioners has been a topic of great concern among investors. During the previous shareholders' meeting, topics such as refrigeration and washing businesses and Gree Titanium were also mentioned more frequently. However, according to public media reports, Dong Mingzhu still holds high expectations for Gree's refrigeration and washing businesses. As for Gree Titanium, Dong Mingzhu hopes that the outside world will give it room to grow. The adjustment in the classification of revenue composition has led to less focus on the specific progress of certain segmented businesses, which may align with Dong Mingzhu's expectation of "giving room to grow." However, Gree Electric's path to diversification obviously cannot completely avoid investors' attention. A long-term investor in Gree Electric previously revealed in an interview with a reporter from Cailian Press that they do not hold high expectations for the short- to medium-term performance contributions of Gree Electric's refrigeration and washing businesses or Gree Titanium. In terms of certainty, the competitiveness of Gree Electric's air conditioning products (especially in the high-end market) and the gradually expanding overseas market may be more worthy of attention.

AICE 2025 SMM (20th) Aluminum Industry Conference and Expo is one of the most influential events in China's aluminum industry, and will be grandly held at Suzhou International Expo Center from April 16-18, 2025 . This exhibition is not only an annual event for the aluminum industry, but also serves as a high-quality platform that gathers global leading enterprises, experts, scholars, and industry elites, focusing on high-level dialogues, industry exchanges, and product showcases. AICE 2025 focuses on the hot topics of global aluminum industry development, deeply explores cutting-edge technologies and trends in the aluminum industry, and showcases and exchanges the latest research achievements and practical experiences in upstream aluminum, aluminum rolling - aluminum plate/sheet, strip and foil, aluminum extrusion - tubes, rods, wires and profiles, recycling and die-casting, aluminum melting and casting equipment, and auxiliary materials . Click to Register At this year's Aluminum Industry Conference and Expo, Shandong Packner Machinery Co., Ltd. will attend and exchange with the latest products and practical experiences, working with industry peers to create an innovative, high-quality, efficient, and sustainable aluminum industry chain, and promote new leaps in the aluminum industry. AICE 2025 SMM (20th) Aluminum Industry Conference and Expo will discuss, build, and share with global elites, empowering the entire industry chain of the aluminum industry. AICE 2025 will leverage the organizer's influence to integrate the three key tracks of industry, academia, and research, stimulate innovation in the aluminum industry, and contribute to the industry's development and progress, playing its part in the prosperity and success of the aluminum industry. We look forward to meeting you at the event! Shandong Packner Machinery Co., Ltd. Exhibitor Number: E30 Intelligent Equipment for Aluminum Profile Precision Processing Packner Industrial Park covers an area of 66,000 square meters, with a total investment of 300 million yuan, and has become a global leader in R&D, manufacturing, and technology for aluminum profile precision processing equipment, as well as a modern large-scale industrial base. Products are exported to more than 80 countries and regions. Strategic partnerships have been established with renowned enterprises in various fields such as CRRC, China Railway, China State Construction, Shenyang Aircraft Corporation, Xi'an Aircraft Industry Corporation, Jinchuang, Yutong Bus, Moser, Huajian, Kinlong, Milan, Huangpai, and JiaYu, becoming the global equipment supplier for aluminum industry groups such as Conglin, Zhongwang, Nannan, Dubai Aluminum, and Alcan, as well as related customers. Packner Machinery has rapidly grown into an internationally renowned brand and contributes to the world's aluminum industry 4.0 manufacturing field. Corporate Development History 2003: Jinan Packner Machinery Co., Ltd. was officially established, and the first aluminum window machine manufactured caused a strong reaction in the industry at the Beijing International Window and Curtain Wall Expo. 2004: Packner Machinery first went abroad, exporting products to Iran. 2007: Packner Company began the construction of Packner Industrial Park. 2008: Packner Machinery was awarded the title of "Key Enterprise in the Industry" by the China Construction Metal Structure Association. 2010: Packner was rated as a "Municipal Technology Center". 2012: Packner officially established and implemented the "From Intelligence to Assembly Line" development strategy, thus beginning to establish "Digital Factories" for the industry and customers. 2013: Packner Company's "Provincial Technology Center" officially passed expert review. Recognition, Cooperation, Win-Win China Aviation Industry Corporation I 570th Aircraft Group, China Electric Power (Beijing) Power Group, Qingdao Haier Group, Shandong Huajian Aluminum Group Co., Ltd., Yantai Conglin Group, Chongqing Guancheng Railway Equipment Co., Ltd., Hubei Jinzhongyan Intelligent Equipment Co., Ltd., Hunan Keyuanda Auto Parts Co., Ltd., Chengdu Ruiyingtai Auto Parts Co., Ltd., Yunnan Aluminum Co., Ltd., Ningbo Ounic Technology Co., Ltd., Lingyun Industrial Co., Ltd., Hebei Langchi Machinery Manufacturing Co., Ltd., Tianjin Bosch Fengtong......

[Haier Group Clearly States It Will Not Manufacture Cars, Acquires Autohome to Focus on Aftermarket Automotive Services] At the Haier Group AWE media briefing, Wang Meiyao, Chief Brand Officer of Haier Group, stated that Haier Group will not manufacture cars. The acquisition of Autohome is more about focusing on aftermarket automotive services. Wang Meiyao indicated that Haier Group remains committed to its core business, concentrating on three major areas: the first being smart living, the second industrial internet, and the third being healthcare.

[Midea, Chint, Haier, and Skyworth Make the List! Public Announcement of the Second Batch of Distributed PV Investment Enterprises in Funing County, Yunnan] On March 5, the Development and Reform Bureau of Funing County, Yunnan, released the results of the public selection for the second batch of distributed PV investment enterprises in the county. According to the announcement, Hefei Midea Hecom PV Technology Co., Ltd., Chint Aneng Digital Energy (Zhejiang) Co., Ltd., Qingdao Haier PV New Energy Co., Ltd., and Shenzhen Skyworth PV Technology Co., Ltd. ranked 1st to 4th, respectively. (Polaris Solar PV Network)