Group 1 - The live stream titled "Long Time No See" featured a reconciliation between Gree's chairman Dong Mingzhu and her former secretary Meng Yutong, attracting over 2.92 million viewers and generating sales of 5 million yuan, marking a tenfold increase compared to usual performance [5][15][33] - The event reflects Gree's exploration of the younger market and a gentle dialogue about generational workplace relationships, showcasing Dong's elder-like advice and Meng's humble responses [5][16][33] - The live stream served as a platform for Gree to promote its "Dong Mingzhu Healthy Home" strategy, aiming to diversify its product offerings beyond air conditioning and reduce reliance on its core business [20][21][33] Group 2 - Dong Mingzhu's approach during the live stream indicated a shift towards a more inclusive and softer public image, contrasting with her previous strict demeanor [25][33] - Meng Yutong's transition from a corporate role to a successful influencer post-departure highlights the evolving nature of workplace relationships and personal branding in the digital age [9][33] - Discussions around Gree's succession planning were reignited, with Dong mentioning several potential candidates for future leadership, emphasizing innovation and responsibility as key traits [26][33]

Core Viewpoint - The live broadcast featuring Dong Mingzhu and Meng Yutong marked their first public appearance together since Meng's departure from Gree Electric, indicating a potential reconciliation and future collaboration [1][2]. Group 1: Live Broadcast Details - During the live stream, Dong Mingzhu expressed openness to Meng Yutong potentially returning to Gree after her year of studying abroad, emphasizing that her departure was not due to malicious intent [2]. - The live stream attracted significant attention, with viewership reaching 2.92 million and peak online participants exceeding 30,000, resulting in sales of approximately 5 million yuan [4]. - This event marked the highest sales performance for the Gree live stream account in May, with previous sales ranging from 1 million to 2.5 million yuan per session [4][5]. Group 2: Product Performance - A variety of products, including air conditioners, refrigerators, and beauty devices, were featured during the live stream, although not all items sold well; for instance, only four units of the Gree microcurrent beauty device were sold despite a significant price reduction [6].

Core Insights - Xi'an is set to launch a series of new commercial complexes from May to the end of the year, aiming to boost consumer spending and enhance the shopping experience [4] - The city has initiated a "Three Cities Linkage" consumption promotion campaign involving Xi'an, Hangzhou, and Kunming, focusing on resource sharing and exploring new consumption pathways [4] - Various promotional activities and policies are being implemented to stimulate consumption, including the "Old for New" program, which has gained significant traction [6][8] Group 1: Consumption Initiatives - The "Old for New" consumption initiative has been reinforced, with businesses offering substantial discounts and government subsidies, resulting in 1.1 billion yuan in consumer subsidies during the "May Day" holiday, benefiting 180,000 consumers and driving 7.74 billion yuan in sales [8] - The city has organized over a hundred promotional events during the "May Day" holiday, showcasing innovative commercial promotions and maintaining high consumer engagement [6][8] - The "One Voucher for All" initiative in Beilin District aims to convert tourism traffic into consumption growth, with a total value exceeding 4.4 million yuan [8][9] Group 2: Diverse Consumer Experiences - Recent events in Xi'an, such as the "Non-Heritage Food Festival" and various themed markets, have attracted significant public interest, blending cultural experiences with shopping [11][12] - The city is focusing on creating multi-scenario consumption experiences, integrating dining, retail, and entertainment to enhance consumer engagement [11][12] - The "West Delight Shopping·Fun Chang'an" series of activities will continue to innovate consumption scenarios and enrich the market offerings throughout the year [4][13] Group 3: Economic Impact - The monitored 49 commercial enterprises in Xi'an reported a sales revenue of 936 million yuan, reflecting a year-on-year growth of 10.84%, with retail sales reaching 899 million yuan, up 11.16% [7] - The combination of government support and business initiatives is expected to inject strong momentum into the local economy, enhancing overall consumer confidence and spending [10][13] - The city's strategy includes a comprehensive framework for consumption promotion, targeting various sectors such as automotive, home appliances, and digital products, to foster a sustainable consumption ecosystem [14]