Gree Electric Appliances plans stake reduction. Gree stock faces a 2.00 percent cap

Published on 10/19/2026 at 09:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gree stock faces a planned reduction of 111,702,774 shares capped at 2.00 percent. First-half revenue fell 8.14 percent to CNY 89.67 billion.

Ownership and operating signals

Zhuhai Mingjun planned to reduce up to 111,702,774 shares on October 17, 2026.
Gree reported CNY 89.673 billion in first-half revenue for 2026, down 8.14 percent.
Gree stock had a CNY 222.9 billion market capitalization as of October 19, 2026.

Gree, CNE0000001D4, Illustration mit AI erstellt.

Gree Electric Appliances (CNE0000001D4) faces a planned reduction of up to 111,702,774 shares, capped at 2.00 percent of its share capital, after an announcement dated October 17, 2026, covered by min.news. The move puts ownership structure alongside weaker first-half operating figures as the central issue for Gree stock.

Three dates define the story

On September 22, 2026, Gree reported first-half revenue of CNY 89.673 billion, down 8.14 percent year over year, while net profit attributable to shareholders fell 7.87 percent to CNY 13.278 billion, according to Futu. On October 15, 2026, Goldman Sachs cut its earnings-per-share forecasts for 2026 through 2028 by 2.00 percent each, kept a CNY 41.00 target and assigned a Neutral rating, as reported by Futu. The October 17, 2026 shareholder announcement is the latest of the three events.

What does the sale mean for ownership?

Zhuhai Mingjun, identified by min.news as the largest shareholder, held 902,359,632 shares, or 16.11 percent of Gree's total share capital. The proposed block trades can begin after 15 trading days and run for three months, with proceeds intended to repay bank loans. The planned ceiling equals 2.00 percent, so the announcement describes a material but limited change in the registered ownership structure.

Next reporting date is October 27

The next substantiated reporting date is October 27, 2026, according to TradingView. That date gives investors a defined checkpoint for judging whether the first-half revenue decline and lower profit can stabilize in the third quarter.

Shenzhen price and valuation

On Shenzhen, Gree stock was last at CNY 39.91 on October 19, 2026 at 3:00 p.m. CST. The same quote showed a 52-week range of CNY 36.27 to CNY 42.48 and a market capitalization of CNY 222.9 billion, placing the price closer to the upper end of its annual range than to the low.