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Wenzhou Qinhua Refrigeration Equipment Co., Ltd.

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04

2023

The "real gold and silver" in both regions support the high-quality development of cold chain logistics

Driven by strong consumer demand, China's cold chain logistics industry is entering a stage of rapid development, and policy support for cold chain logistics in various regions is also continuously increasing. On March 27th, the Hainan Provincial Development and Reform Commission announced the application documents for the 2023 Hainan Modern Logistics Industry Development Award and Supplementary Fund (logistics information platform and cold chain facility direction), targeting logistics enterprises that have registered and have independent legal personality in Hainan Province. The specific support scope is divided into two directions: logistics information platforms and cold chain facilities. In the direction of logistics information platform, if the investment in building a logistics information platform exceeds 5 million yuan, a subsidy of 30% of the investment amount will be given, with a maximum of 3 million yuan; No subsidy will be given for investments below 5 million yuan. In the direction of cold chain facilities, if a total investment of 5 million yuan or more is required for the construction of a new cold storage (10000 cubic meters or more), purchase of refrigeration equipment, or refrigeration vehicles, a subsidy of 30% of the investment amount will be provided, with a maximum of 5 million yuan. Projects completed or purchased vehicles from January 1, 2022 to December 31, 2022 can be declared.

04

2023

The key to replacing household appliances is to reduce costs

Recently, Hubei announced the list of 180 reliable after-sales service outlets for home appliance maintenance in the province for the year 2023. It is reported that the audited and recognized branches have a good reputation in the industry and a low consumer complaint rate. Behind setting up reliable branches is the difficulty of home appliance maintenance. The inability to find reliable repair technicians, opaque prices for spare parts and services, repeated failures and repairs, and high postage and time costs for returning to official after-sales service points have always plagued consumers. Gradually, people began to feel hesitant about home appliance maintenance, thinking that it would be better to find someone to repair it and add some money to replace it with a new one. These phenomena, on the one hand, indicate that the maintenance of household appliances is difficult and costly; On the other hand, it indicates that the home appliance maintenance industry lacks unified supervision and standards. Over time, not only is it difficult to protect consumer rights, but it may also cause resource waste. The maintenance cost of household appliances is high and difficult, due to both technical and service reasons. From a technical perspective, the internal structure of current household appliances is more precise, with most of them being integrated and modular. Once damaged, the entire integrated circuit or module needs to be replaced, resulting in higher maintenance costs; From the perspective of service, there are more and more home appliance brands, and iteration and upgrading are becoming faster and faster. However, most of the accessories and installation methods are not universal, and the ability of maintenance personnel cannot keep up, making repair difficult. In addition, many brands have a concept of "prioritizing sales over after-sales", outsourcing after-sales maintenance services to third parties without effective management of maintenance services, resulting in a mixed bag in the home appliance maintenance industry.

04

2023

Interpretation of the National Standard "Fully Enclosed Electric Motors Compressors for Household and Similar Heat Pump Water Heaters"

Recently, GB/T 29780-2023 "Interpretation of the National Standard for Fully Enclosed Electric Motors and Compressors for Household and Similar Heat Pump Water Heaters" was officially released. This standard continues to follow the basic structure of GB/T 29780-2013,

04

2023

The world's first "phase change ink" can achieve passive temperature control

Researchers at the University of Melbourne in Australia have developed the world's first "phase change ink" that can change the heating and cooling methods of houses and cars. It can achieve complex "passive climate" control and has great potential to help reduce energy consumption and global greenhouse gas emissions. The study was published in the latest issue of the Royal Society of Chemistry's Journal of Materials Chemistry A. Research leader Dr. Mohammad Taha stated that these inks can be used to develop coatings for passive heating and cooling.

04

2023

What is the driving force behind the sustained high growth rate of domestic air conditioning production in April, with a growth rate of 34%?

Since the beginning of the new year, the air conditioning market has been bustling: promotional activities have been launched in advance, new products have been released one after another, new factories have been put into operation, and news of new base construction has continued. What is even more noteworthy is that this year, the heat of air conditioning enterprise production scheduling and channel stocking has far exceeded previous years.

04

2023

Looking Forward to the First Quarter Report of the Home Appliance Industry: Domestic demand shows a weak recovery, and some companies are expected to exceed expectations

The overall domestic demand in the Q1 home appliance sector showed a weak recovery, and the continued destocking overseas led to weak exports. The overall performance of real estate completion and second-hand housing data is relatively weak, resulting in a weak recovery trend in most home appliance category terminals in Q1 2023. Meanwhile, exports are still affected by factors such as overseas destocking, resulting in overall weak performance. 　白电板块，空调出货端迎来改善，整体出口压力仍在。零售端，1-2月空冰洗线上销量同比+23.8%/-2.0%/-9.3%；线下同比+0.2%/-9.3%/-16.8%（奥维数据）。考虑到疫情对发货端的影响，我们将12月至2月家空内销出货结合起来看（产业在线数据），累计同比仍+10.5%，结合3月排产数据预计23Q1空调内销出货同比+17%（参考Q4同比-5%），说明内销出货确实迎来改善；出口方面，Q1渠道库存带给出口企业的压力仍在，但排产预期降幅有所收窄，说明出口企业对未来判断更乐观。预计板块Q1营收增速有望回升，增速区间+0%至5%，业绩端，各企业盈利能力依旧分化，且22Q1整体基数较高，预计+5至10%。

04

2023

Copper prices may rise to a range of 70000-73000 yuan/ton without changing the inventory structure

1. Macro. On the overseas side, the "sequelae" of the Federal Reserve's continuous and rapid interest rate hikes have begun to emerge, and small and medium-sized banks in Europe and America have successively experienced run risks. Although the event has eased with the rapid provision of liquidity and continuous mediation by central banks and governments, the potential "black swan" risk cannot be effectively ruled out. In addition, under the control of inflation and potential financial risks, the Federal Reserve's policy has fallen into a dilemma, and the market is betting on the Fed's policy shift, Risk appetite has also rapidly rebounded, leading to a weakening of the US dollar index. However, from the perspective of high interest rate environments and potential financial risks, overseas economic or demand prospects cannot become a factor supporting the rise of bulk commodities; On the domestic side, economic recovery is still ongoing, and the market recovery is relatively slow. In addition, during the traditional peak season in China, policy support has begun to slow down, and demand may always face a lukewarm and lukewarm situation under the combination of "stable growth" and "structural adjustment".

04

2023

Inflation expectations fluctuate, copper prices remain stagnant at high levels

With the gradual easing of bank incidents in Europe and America, market sentiment has gradually recovered, but market recognition for high prices above 70000 yuan is still not high. From overseas, European and American banks are temporarily on hold, but they still need to remain vigilant about their banking and financial system issues. Biden has made every effort to use existing institutions to solve the banking crisis, but the crisis is "not over".

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