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Hangzhou Robam Appliances (SZSE:002508) Will Be Hoping To Turn Its Returns On Capital Around
BOCOM International: Under the support of policies, the update cycle of home appliances is coming. It is recommended to pay attention to leading white goods companies such as Haier Smarthome.
Bocom International has released a research report stating that the National Development and Reform Commission issued a policy on July 25th to allocate approximately RMB 300 billion to support large-scale equipment upgrades and the policy of old-for-new for consumer goods. Bocom International believes that the home appliance renewal cycle is approaching, so there are still a large number of home appliance products with demand for replacement and upgrading that have not yet been released in the market. The bank recommends paying attention to the three major domestic white goods leaders such as Midea Group, Haier Smart Home (06690), Gree Electric Appliances, Inc. of Zhuhai, and Hangzhou Robam Appliances. The report states that the support intensity of this round of home appliance support policy is stronger than that of the first round policy introduced in 2009. The design of the first-round policy only included five categories of home appliances.
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Hangzhou Robam Appliances has released a cooking AI model called "Food God" and the company's brand has been completely upgraded.
Hangzhou Robam Appliances recently released an AI cooking model called "Shishen". According to the introduction, compared with the hardware tool properties of traditional kitchen appliances, "Shishen" can perceive the user's role, identity, emotions, and actions by observing the temperature, time, light, sound, and smell in the cooking world, and match the user's personalized data with the big model data to plan the most suitable cooking overall solution for each user. It not only tells users how to cook, but also mobilizes all equipment and collaborates with the cook to make the dish. It is different from the current global cooking-type big model.
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