谁是格力最大的敌人？

Group 1 - The core viewpoint is that the home appliance industry, particularly the air conditioning sector, is facing significant challenges due to a downturn in the real estate market, leading to a lack of new demand and pressure on mid-to-high-end products [1][7] - Xiaomi's air conditioning sales have surpassed Gree's in online market share for the first time, indicating a shift in competitive dynamics within the industry [2][4] - Gree's market share in July was reported at 16.41%, while Xiaomi's was at 13.5%, highlighting the competitive landscape and the ongoing market share battle [3][4] Group 2 - Gree's revenue from its core consumer appliance business, primarily air conditioning, declined by 5.09% year-on-year, amounting to 762.79 billion yuan, which constitutes nearly 80% of the company's main revenue [7] - The market is seeing a shift towards lower-priced models, with sales of air conditioners priced below 2,100 yuan exceeding 50% for the first time, reflecting a trend of consumer "downgrading" [7][8] - Despite a decline in revenue, Gree's net profit increased by 1.95% to 144.12 billion yuan, indicating efforts to control costs and improve efficiency [8][9] Group 3 - Gree's cash flow from operating activities surged by 453.06% to 283.29 billion yuan, attributed to effective channel reforms and inventory management [8] - The company has suspended dividend payments for the first time in 13 reporting periods, raising concerns about its financial health and competitive position [9][10] - Competitors like Midea and Haier have shown stronger performance, with Midea's revenue growing by 15.7% and Haier's by 10.22%, further intensifying the competitive pressure on Gree [12]