Digital Transformation

Wang Ziru, former Gree Electric digital transformation architect and ex-CEO of Xiaomi-backed tech review platform ZEALER, is returning to tech media after a three-year stint at the appliance giant. At Gree, he spearheaded the divisive “Cloud Wholesale” initiative, boosting online sales by 37% while alienating traditional dealers. Analysts suggest his corporate experience could revitalize ZEALER and offer unique product strategy insights, though challenges include competing with ByteDance’s Douyin and balancing industry expertise with consumer trust. Gree’s shares dropped 1.2% amid succession concerns following his career shift. (98 words)

UL Solutions Inc. announced a $0.13 per share quarterly cash dividend, approved by its board, payable on June 9 to shareholders of record by May 30, 2025. The payout reflects the company’s financial discipline and commitment to returns amid market volatility. A global leader in safety science, UL Solutions provides testing, certification, and advisory services across 110+ countries, leveraging its iconic UL Mark to ensure product integrity. Emphasizing innovation in cybersecurity, renewables, and ESG-aligned initiatives, the firm aims to transform operational challenges into competitive advantages. Analysts highlight its stable dividend history and outperformance in industrial sectors, driven by digital transformation and high-growth verticals like AI and circular economy frameworks.