Stories from Zhuhai · China

A smart customs clearance system is providing increased convenience and speed for residents frequently traveling between Zhuhai and Macao.

The Hengqin and Gongbei ports in Guangdong launched a smart clearance mode for vehicles on May 7, allowing eligible cross-border vehicle owners to pass using fingerprint and facial recognition without needing physical travel documents.

Passenger and vehicle traffic has reached a peak at the Zhuhai highway port of the Hong Kong-Zhuhai-Macao Bridge. Border authorities reported dense traffic since April 29, primarily consisting of tourists traveling between Hong Kong, Macao, and mainland China.

Gree Electric reported a decline in both revenue and profits for the previous year. The company is now planning dividends and share buybacks. The company plans to execute a large-scale dividend and share buyback program following the decline. Gree Electric reported a 55% plunge in first-quarter profits to 510 million euros. The company is reducing its workforce by 300 employees in France and approximately 450 employees abroad. Intense competition in the Chinese automotive sector is cited as a primary factor weighing on profitability. Gree Electric's revenue and profits both declined last year.

Gree Electric reported a decline in both revenue and profit for the previous year. The company plans large-scale dividends and share buybacks following the decline. The company is planning a dividend and share repurchase program in response to the decline. Gree Electric reported a 25% year-on-year decline in revenue. Net profit fell to over 176 billion VND, representing an 8,130% increase from the previous period. Revenue from land development for infrastructure and ready-built factories dropped 59% to nearly 57 billion VND. Following reports of declining annual revenue and profits, Gree Electric is planning dividend payments and share buybacks. Gree Electric's annual revenue and profits have both decreased according to recent financial reports. Gree Electric reported a comprehensive gross margin of 86.89% for 2025.