OnApril 26th, Gree reported revenue of 100.11 billion Yuan with net profit of7.38 billion Yuan for 2012, an increase of 19.87% and 40.92% respectively overa year-on-year basis.

Home appliance producer Gree Electric Appliances Inc of Zhuhai plans to increase its store count by 5,000 in 2013 to 20,000 in total, Oriental Morning Post reported on Monday, citing a company executive.

Among gainers Wednesday were household appliance makers Gree Electric Appliances Inc. of Zhuhai rose 2.0% to CNY26.10 and Shanghai Jahwa United Co.