Pioneering home appliance companies are vigorously exploring diverse business avenues in pursuit of a new growth trajectory. Leading players like Midea Group, Haier Smart Home, Gree Electric Appliances, and TCL have expanded into domains encompassing robotics, healthcare, photovoltaics, and machine tools. Notably, Midea Group and Haier Smart Home are ramping up their smart building initiatives by capitalizing on products such as central air conditioners and integrating software and hardware expertise. Their objective is to elevate building comfort and intelligence while concurrently achieving green and low-carbon objectives.