Sichuan Changhong addresses Q3 performance, investor concerns

Sichuan Changhong Electric held its third-quarter 2025 earnings conference on November 5, 2025, via the Shanghai Stock Exchange Roadshow Center. The company’s chairman, general manager, independent director, board secretary, chief compliance officer, and CFO were present to engage with investors. Discussions covered the company's core businesses, including smart home appliances, universal equipment manufacturing (compressors), and ICT integrated services, which collectively account for approximately 90% of revenue.

Regarding investor confidence, the company confirmed that as of October 31, 2025, it had cumulatively repurchased 756,300 shares, with a total expenditure of CNY 7,469,047. The company reiterated its commitment to making repurchase decisions opportunistically within the buyback period, based on market conditions and share price performance, while fulfilling information disclosure obligations.

The conference also addressed the market share of its core product categories, such as air conditioners and televisions, highlighting new product launches like the Q10Air and D7H Mini smart TVs, and its global launch of the Panda-themed smart home appliances. The company emphasized its focus on enhancing product competitiveness and customer satisfaction while navigating a complex external macro environment and fierce market competition.