GREE(SZ:000651) Qian Zhan Wang·2025-06-06 10:21Group 1 - Gree Electric Appliances emphasizes that all its products are independently developed and manufactured without outsourcing or OEM production, ensuring high quality and consumer trust [2] - The company has received numerous awards for its technological capabilities, including 99 significant awards and over 96,626 patent applications, making it a leader in the home appliance industry [3] - Gree's R&D investment has remained high, with amounts of 6.529 billion yuan in 2021, 6.430 billion yuan in 2022, 7.006 billion yuan in 2023, and projected to reach 7.140 billion yuan in 2024 [3] Group 2 - In terms of smart home appliance patent applications, Gree's total in 2021 was approximately 1.45 times that of Haier, with 717 and 496 applications respectively [5] - The home appliance industry is experiencing price fluctuations, with online prices for major white goods declining due to weak downstream consumption, while offline prices have increased significantly [6] - Experts note that while significant advancements have been made in smart appliance technology, challenges remain in the white goods sector, particularly in sensor technology [9]