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Haier Group issued an announcement on Friday that Zhang Ruimin, the firm's 72-year-old founder, volunteered not to participate in the nomination of new directors at the staff meeting.
Recently, Chinese smart home-cleaning appliances maker Dreame completed a 3.6 billion yuan ($563 million) Series-C financing led by the Huaxing Growth Capital and CPE Yuanfeng.
The innovative consumer product company Dreame Technology announced last Friday that the company is set to release its anticipated W10 self-cleaning robot vacuum and mop on December 5.
Midea Group issued announcements via an interactive platform for investors, saying that after its entrance into the field of computer chips in the second half of 2018, mass production of the products began in 2021.
Qingmei, a smart dishwasher manufacturer based in the eastern Chinese city of Ningbo, has received tens of millions of yuan in A-round financing from Borun Capital and Baidu Ventures.
As of 18:21:07 on November 5, Xiaomi's omnichannel payment amount during this year's popular "Double 11 Shopping Festival" exceeded 10 billion yuan ($1.56 billion).
Roborock, an intelligent home robotics developer, released a new sweeping and towing vacuum robot cleaner called the T8 on Thursday.
Smart cleaning appliances brand Speedfox has recently completed an A round of financing worth nearly 100 million yuan ($15.82 million).