Changhong Meiling reports strong 2024, outlines future strategy

Changhong Meiling (SZSE:000521) reported a 17.32% increase in operating income, reaching CNY28.601 billion for the year 2024, driven by strong performance across its refrigerator, air conditioner, and washing machine segments. While profits dipped slightly, the company outlined an ambitious strategy for 2025, targeting both scale and profit growth through innovation, resource integration, and industry collaboration, underpinned by stringent risk management protocols.