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Huaxi Securities: In August, the nationwide home appliance replacement program had a significant driving effect. It is expected that the year-on-year growth rate of domestic air conditioner sales will accelerate in the fourth quarter.
In August, the detailed rules for the old-for-new policy in various regions were implemented intensively, with a significant boost in driving effect.
Changhong Meiling (000521.SZ): Continuously deepening technology research and development around core technologies such as frequency conversion and simulation.
On September 26, Gelonghui reported that Changhong Meiling (000521.SZ) stated at an investor relations event that in the second half of 2024, in terms of the air conditioner industry, the domestic market will adhere to a technology-driven global strategy, focusing on core technology to empower products. It will continue to lead innovation, focusing on core technologies such as frequency conversion and simulation for continuous deepening of technological research and development, establishing a new 'Qindeng' frequency conversion technology platform based on intelligent, efficient, and comfortable technology, refrigeration system explosion prevention technology, digital holographic parameter inspection technology, Wuheng air conditioner, AI air conditioner, and other key projects to maintain industry competitiveness. Further strengthening the dual circulation of ToC and ToB, with a strategy to enhance the B end.
There Is A Reason Changhong Meiling Co., Ltd.'s (SZSE:000521) Price Is Undemanding
Changhong Meiling (000521.SZ): Gradually completing the layout of various levels of drum products, achieving sustained high-speed growth in scale.
Changhong Meiling (000521.SZ) stated at an investor relations event on September 10th that in terms of product, the washing machine industry will continue to upgrade and optimize the appearance, functions, cleaning, and other aspects in the second half of 2024, comprehensively improving product competitiveness. The drum-type washing machine will focus on expanding the 'as hand-washing' product series to enhance the competitiveness of waist-level products and help the domestic market achieve rapid breakthroughs in drum-type products. The pulsator-type products will continue to upgrade, improving profitability. The first launch of the heat pump dryer will be completed, and a product line layout of washing machines and dryers will be established, further improving the product portfolio. In terms of market, the domestic market will continue to consolidate the foundation of channel construction.
Could The Market Be Wrong About Changhong Meiling Co., Ltd. (SZSE:000521) Given Its Attractive Financial Prospects?
Changhong Meiling: Half-year report for the year 2024.
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