Analysis of Multidimensional Driving Factors and Market Impact of Gree Electric (000651) Becoming a Hot Stock

Gree Electric (000651) becoming a hot stock is driven by emerging technology layout, high dividend policy, management changes, and diversified sales channel expansion [0]. The company has made breakthroughs in core components of humanoid robots, having developed parts such as joint modules [1], injecting new growth momentum into traditional businesses. However, in the first three quarters of 2025, revenue decreased by 6.5% year-on-year, and net profit decreased by 2.27% year-on-year [0], putting short-term performance under pressure. Regarding management, Zhu Lei, the Marketing Director, was promoted to Executive Vice President [2], signaling rejuvenation and strategic transformation. In terms of stock price, there were large fluctuations in 2025, reaching a high of 52.73 yuan [3], reflecting market divergence on the company’s future.

1. Balance between Technology and Traditional Business
   : The breakthrough in robot technology contrasts with the decline in traditional home appliance business, indicating that the company is actively seeking a second growth curve [0,1].
2. Strategic Significance of Management Changes
   : Zhu Lei’s promotion may accelerate overseas market expansion and brand rejuvenation [2].
3. Attractiveness of Dividend Policy
   : Cumulative dividends exceed 147.6 billion yuan, with an interim dividend of 5.585 billion yuan in 2025 [0], continuing to attract value investors.

: Short-term financial performance decline [0], fierce competition in the robot component field [0].
: Potential market space for robot technology [1], growth potential of diversified sales channels (such as Douyin and Kuaishou live streaming) [0], and shareholder loyalty brought by the high dividend policy [0].

Gree Electric currently presents a situation where short-term performance pressure coexists with long-term growth potential. Robot technology layout, management changes, and high dividend policy are the core points of market attention [0,1,2]. Although short-term financial data is not good, emerging businesses and shareholder return policies provide sustained market attractiveness for the company.