Gree Electric issued a statement today saying, “Recently, the company has received inquiries from investors and media on issues related to the introduction of air conditioners price increases and 'aluminum instead of copper' plans by some companies, asking about the company's attitude and plans. The company's explanation is as follows: Gree will respond positively to the 2026 national subsidy policy for home appliances, effectively benefiting consumers. We promise that Gree household air conditioners will not increase in price.” Gree Electric further stated, “In order to meet Gree's 10-year free repair service standard for household air conditioners, we have no plans related to 'aluminum instead of copper'. In the future, if relevant research can fully meet the requirements of Gree's quality and technical standards and be officially applied, we will clearly label them to fully guarantee consumers' right to know and choose.”

Gree Electric issued a statement today saying, “Recently, the company has received inquiries from investors and media on issues related to the introduction of air conditioners price increases and 'aluminum instead of copper' plans by some companies, asking about the company's attitude and plans. The company's explanation is as follows: Gree will respond positively to the 2026 national subsidy policy for home appliances, effectively benefiting consumers. We promise that Gree household air conditioners will not increase in price.” Gree Electric further stated, “In order to meet Gree's 10-year free repair service standard for household air conditioners, we have no plans related to 'aluminum instead of copper'. In the future, if relevant research can fully meet the requirements of Gree's quality and technical standards and be officially applied, we will clearly label them to fully guarantee consumers' right to know and choose.”