Haier Smart Home: Dividends Up, Acquisition Progressing

Haier Smart Home announced its interim results for the six months ended June 30, 2025, with revenue reaching RMB156,469 million, up 10.2% year-on-year, and profit attributable to owners of the company rising 15.6% to RMB12,033 million. Basic earnings per share increased by 15.0% to RMB1.30. The company also proposed an interim dividend of RMB2.69 per 10 shares for the period.

The company completed the acquisition of 100% equity interest in Haiyunlian by its subsidiary Haier Carrier for RMB68,316,905.46. This connected transaction aims to enhance production flexibility and reduce rental expenses. Additionally, the company is changing the use of 1,472,684 A shares, originally intended for equity incentives, to be canceled, thereby reducing its registered capital.

The company's digital transformation initiatives led to improved operational efficiency and cost competitiveness across its business segments. Overseas markets experienced notable growth, with revenue up 11.7%, driven by strong performance in South Asia, Southeast Asia, and Middle East & Africa. Cash inflow from operating activities increased to RMB11,139 million, contributing to a healthy financial position.