Xin Lang Cai Jing·2025-12-18 10:37Core Insights - TCL Smart Home demonstrated strong operational resilience in the first three quarters of 2025, achieving a net profit of 977 million yuan, a year-on-year increase of 18.5% [4] - The company is focusing on global expansion and AI strategies to enhance profitability, with significant revenue growth from non-European markets [4] Group 1: Performance Overview - In Q1-Q3 2025, TCL Smart Home sold 13.055 million refrigerators and freezers, a 2.8% increase year-on-year, and 2.7 million washing machines, a 1.7% increase year-on-year [4] - The company reported total revenue of 14.346 billion yuan, reflecting a 2.9% year-on-year growth, driven by market expansion in Asia-Pacific, Latin America, and the Middle East [4] Group 2: Product Innovation - TCL Smart Home launched several successful new products in 2025, including the "Ice Qilin" series refrigerator, which won the AWE 2025 Applan Innovation Award for its advanced cooling technology [5] - The "Big Eye AI Super Drum" washing machine features AI technology for personalized washing solutions and has achieved a cleaning ratio exceeding 1.31 [5] Group 3: R&D Investment - The company has over 1,000 R&D personnel and more than 2,000 authorized patents, focusing on health technology, cooling efficiency, and energy optimization [6] - TCL Smart Home plans to increase investment in key technologies for refrigerators and washing machines to enhance its competitive edge [6][7] Group 4: Global Expansion - TCL Smart Home has established a sales network in over 80 countries and regions, covering more than 160 countries, and aims to leverage its partnership with the Olympics to enhance brand visibility [8] - The subsidiary, Oma Refrigerators, has been the top exporter of refrigerators in China for 16 consecutive years and ranks first in Europe, with significant market shares in Japan, the UK, France, Italy, and Canada [8] Group 5: Dividend Policy - As of the end of Q3 2025, TCL Smart Home reported undistributed profits of 862 million yuan, meeting the conditions for profit distribution [9] - The company plans to consider strategic development, profit scale, and cash flow when deciding on future dividends [9]