Changhong Meiling and its subsidiary Hefei Changhong Industrial Co., Ltd. announced they will invest in the construction of dryer and dishwasher projects, with a total investment of 79.8 million yuan. The company will contribute 65.5 million yuan and Hefei Changhong Industrial will contribute 14.3 million yuan, funded through self-raised capital. The project aims to boost dryer production capacity and improve the white goods category layout. It is scheduled to start at the end of September 2026, with a construction period of 12 months, and is expected to officially begin production in December 2027. In the first half of 2026, Changhong Meiling achieved revenue of 16.136 billion yuan and net profit attributable to the parent of 57.98 million yuan.
Changhong Meiling Co LtdChanghong Meiling invests 79.8M yuan in new dryer and dishwasher production projects to expand capacity and white goods layout.
Changhong Meiling Co Ltd BChanghong Meiling B shares reflect the same 79.8M yuan dryer and dishwasher capacity investment by the company.
