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JD.com-SW (09618.HK) Teams Up with Over 100 Brands to Launch RMB10 Billion Dual-Subsidy Plan for Home Appliances and Furnishings
2026-04-02 10:46:19 To further eliminate potential safety hazards posed by overaged home appliances and to bring more green and smart home appliance and furnishing products into households, JD Blackboard News stated that JD.com-SW (09618.HK), together with more than 100 brands including Haier and Midea Group (00300.HK), has officially launched a "RMB10 billion dual-subsidy" plan for home appliances and furnishings. JD.com plans to jointly invest RMB10 billion in dedicated subsidies with participating brands over the coming year to lower the threshold for consumers to replace old products. At the same time, leveraging its supply chain advantages in large-scale bulk procurement, the company will help partner brands reduce costs and improve efficiency.(ta/w)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |