Core Insights - The 17th China High-end Home Appliance Trend Release and Red Top Award Ceremony highlighted the theme "Brilliance and Uniqueness," focusing on the value of high-end home appliances and industry upgrades [1] - Hisense's RGB-MiniLED TV E8SPro won the only Red Top Award in the television category, showcasing its leadership in high-end display technology [1][4] Group 1: Product Innovations - The Red Top Award serves as a benchmark for product innovation, quality, and brand influence in the Chinese home appliance industry, with expert judges noting the exceptional strength of nominated products [4] - Hisense has pioneered RGB-MiniLED technology, utilizing self-developed AI image quality chip H7 and RGB-MiniLED self-emissive chips to overcome global challenges in light control and efficiency [4][6] Group 2: E8SPro Features - The E8SPro achieves industry-leading performance with 3,072 partition control and 108 bits color accuracy, resulting in a 68% improvement in color accuracy and a 120% increase in brightness [6] - The TV reduces harmful blue light by 42% and meets an energy efficiency rating of 20.7, exceeding national standards and saving 40% energy compared to OLED [6] - E8SPro features a black crystal screen for superior viewing experience, native 4K 170Hz refresh rate, and a 0 Delay technology, providing an immersive experience for both gaming and movies [6] Group 3: X1Ultra Features - Hisense's Laser TV X1Ultra utilizes SST architecture DMD control chip and achieves 110% BT.2020 color gamut with ΔE < 0.6 for precise color reproduction [8] - The X1Ultra is the only home viewing device certified for cinematic playback, featuring advanced 9.1.4 channel sound technology and a lightweight, wall-mountable design [8] - The product redefines the "living room as cinema" experience, combining high-quality visuals and sound to meet consumer demands for large-screen viewing [8]

Core Viewpoint - The official launch of the Hisense (Changsha) home appliance industrial park marks a significant strategic move for Hisense in central China, enhancing its capacity advantages and global layout for sustainable high-quality development [3][4]. Group 1: Industrial Park Launch - The Hisense (Changsha) home appliance industrial park is recognized as one of the "Top Ten Industrial Projects" in Hunan Province for 2025, indicating its importance to regional economic development [3]. - The park's production will leverage the local transportation network to inject strong momentum into the regional industrial chain upgrade [3]. Group 2: Capacity and Global Layout - The first phase of the park includes the Hisense Hitachi Changsha factory, which is crucial for Hisense's capacity upgrade and will enhance market response efficiency in central, eastern, and southern China [5]. - Hisense is expanding its global footprint, with the HHA smart manufacturing industrial park in Thailand being its largest overseas facility, aimed at localizing operations based on market demands [5]. Group 3: Digital Manufacturing and Technology - Hisense emphasizes digitalization and intelligence as key drivers for rapid development, integrating advanced technologies like industrial internet, big data, and artificial intelligence into its manufacturing processes [6]. - Over the past six years, Hisense has invested over 13 billion yuan in R&D, achieving a compound annual growth rate of over 20%, solidifying its core technological advantages [7]. - The newly launched oil-free variable frequency centrifugal machine features industry-leading energy efficiency and is part of Hisense's strategy to promote energy-saving and carbon reduction in construction [7].

-1- 通知要求，各市工业和信息化局、质量管理协会要加大对"山东制造.齐鲁精品"的宣传推介力度，广泛 开展品牌宣传和产品推介工作，拓宽营销渠道，助力企业品牌建设和产品营销。入选"山东制造.齐鲁精 品"的企业要进一步加强技术创新和质量品牌建设，增强品牌核心竞争力和持续发展能力，持续研发出 产权明晰、节能环保、创新性强、质量卓越、品牌卓著、经济和社会效益显著的"齐鲁精品"，为全省工 业经济高质量发展作出新的更大贡献。 2025 年第二批"山东制造·齐鲁精品"名单 | | 企业名称 | 品名称 | | --- | --- | --- | | | 、高端装备类 | | | 1 | 山东腾阳智能装备有限公司 | 3D 视控大负载搬运机器人 | | 2 | 青岛思普润水处理股份有限公司 | 生物膜流化床(MBBR)集成装备 | | 3 | 山东国兴智能科技股份有限公司 | 消防灭火机器人 | | 4 | 威飞海洋装备制造有限公司 | 近海区域海洋水下油气生产系统装备 | | 5 | 山东创宇能源科技股份有限公司 | SCR 脱硝分级精准喷氨智能控制装置 | | 6 | 烟台台海玛努尔核电设备有限公司 | 第四代核电高温气 ...

Core Viewpoint - The Texas Attorney General Ken Paxton has filed a lawsuit against several major television manufacturers, including Sony, Samsung, LG, Hisense, and TCL, accusing them of engaging in espionage activities for China by monitoring American citizens without their knowledge [1]. Group 1: Lawsuit Details - The lawsuit claims that these companies secretly recorded content viewed by consumers in Texas without their consent [1]. - The companies are accused of illegally using Automatic Content Recognition (ACR) technology to collect personal data, which poses risks to user privacy and sensitive information [1]. Group 2: Legal Implications - The lawsuit seeks a fine of $10,000 for each of the five companies for violating the Unfair Trade Practices Act [1]. - If the victims of the alleged espionage activities are over the age of 65, the fines could increase to $250,000 [1].

Core Viewpoint - The Shandong Provincial Market Supervision Administration announced the results of the provincial quality supervision sampling inspection for household gas stoves in 2025, revealing that one batch of products failed to meet relevant standards, specifically regarding combustion conditions [3]. Group 1: Inspection Results - A total of 90 batches of household gas stoves were sampled, with 80 from sales channels and 10 from online sales [3]. - The inspection was conducted based on standards such as GB 16410-2020 and GB 30720-2014, focusing on parameters like gas tightness, thermal load, combustion conditions, and efficiency [3]. - One batch from Linqu Haoyu Kitchen and Bath Store was found non-compliant, specifically failing on combustion conditions [3]. Group 2: Compliance and Actions - The Shandong Provincial Market Supervision Administration has mandated relevant market supervision departments to handle the non-compliant products according to the Product Quality Law and related regulations [3]. - The inspection results include a summary table of both compliant and non-compliant products, detailing the names, manufacturers, and inspection outcomes [4][5].

长沙晚报掌上长沙12月16日讯（全媒体记者 张禹）12月16日，位于宁乡经开区的海信（长沙）家电产业园正式投 产。 记者了解到，作为海信集团在中部地区布局的战略项目，海信长沙综合生产基地项目总投资100亿元，计划打造 全球家电行业智能制造标杆工厂。项目分两期建设，此次投产的一期项目投资50亿元，打造商用空调智能制造基 地，主要生产水机、多联机等产品。 2024年3月，海信长沙综合生产基地项目作为湖南省重大项目集中开工主会场，省市主要领导来到现场宣布开 工。一年多时间，项目从规划到落地，从施工图到实物量，充分彰显了"宁乡速度"与"海信力量"的双向奔赴。 近年来，宁乡市始终坚持"工业强市、幸福宁乡"发展定位和"建设省会副中心、挺进全国前十强"发展目标不动 摇，全力以赴推进先进制造业发展，培育新质生产力。宁乡经开区在"2025中国先进制造业百强园区"排名第60 位，特别是智能家电产业在海信、格力两大龙头的引领下，已形成上下游配套、前后端协同的产业生态，宁乡智 能家电产业入选湖南省级中小企业产业集群，宁乡经开区也获评湖南唯一的家电特色产业园。 ...

来源：环球网 【环球网公益综合报道】近日，在距离黄海之滨两千余公里的甘南高原上，一场温暖的交接仪式悄然举 行。海信冰箱·雨辰助学捐赠的爱心物资，跨越山海，送达甘南藏族自治州舟曲县曲瓦乡中心小学师生 手中，为这所大山深处的小学带来了温暖与改变。 曲瓦乡中心小学始建于1958年，位于舟曲县西南部，距县城55公里。该校教育覆盖曲瓦乡7个行政村、 25个自然村。由于距离学校远，孩子们从小学三年级开始就入校住宿。而资金不足，缺乏合适的取暖设 备，这成为每年严冬学校面临的严峻考验。海信冰箱·雨辰助学调研得知学校情况后，专门在严冬来临 前为学校配置了足够的空调。目前，宿舍空调已安装完毕，它们将成为孩子们抵御高原严寒的"守护 者"，让孩子们每个夜晚都能温暖舒适地入眠。 同时，在校园办公区，海信冰箱·雨辰助学还为学校新添置了彩色打印机。未来，课本中斑斓的世界、 孩子们笔下的奇思妙想，都能通过它变成触手可及的彩色图像。 当然，公益的意义远不止于物质的抵达。如果说物资是抵御风寒的铠甲，那么与此同时抵达的关怀，则 旨在点亮教育者内心的灯火。针对学校偏远、留守儿童居多的现状，海信冰箱·雨辰助学还特别邀请了 心理学专家刘志燕老师，为学校 ...

Investment Rating - The report maintains a "Positive" investment rating for the home appliance industry, indicating an expectation of returns that outperform the market benchmark by over 5% [5][13]. Core Insights - The optimization and continuation of the "Two New" policies are expected to activate greater consumer potential in the home appliance sector. The policies aim to stimulate demand through measures such as large-scale equipment updates and trade-in programs [8]. - The domestic sales driven by government subsidies are showing marginal slowdown, but the ongoing policies are anticipated to provide sustained demand stimulation in both product and service consumption [8]. - The report highlights that the impact of Mexico's proposed tariffs on Chinese home appliance companies is limited, as the revenue contribution from this market is relatively small [8]. - The market share of Miniled TVs is on the rise, with RGB-Miniled technology expected to lead the next generation of display technology upgrades, enhancing the competitive edge of Chinese brands in the global market [8]. Summary by Sections Investment Recommendations and Targets - Domestic sales are expected to benefit from the "Two New" policy, with leading white goods companies likely to gain more from trade-in programs due to their higher efficiency and mature management processes [3]. - Key investment themes include: - Leading companies with higher operational efficiency and mature overseas production layouts, such as Midea Group, Haier Smart Home, and Hisense Visual, are recommended for stable allocation [3]. - The long-term focus on overseas expansion is emphasized, with Stone Technology highlighted as a potential beneficiary [3]. - Companies with stable core business performance and potential for a second growth curve, such as Anfu Technology, are also noted [3].

Core Viewpoint - Major air conditioning companies, including Haier, Midea, Xiaomi, and TCL, have committed to adhering to the "Self-Discipline Convention for Aluminum Reinforcement Application Research Working Group" to promote the "aluminum replacing copper" technology, while Gree Electric Appliances has notably opted out of this commitment [2][4][6]. Group 1: Industry Developments - The "aluminum replacing copper" initiative has gained traction among leading air conditioning manufacturers, with a collective push for industry standards and guidelines [4][9]. - Gree Electric Appliances has consistently stated that it does not have plans to adopt aluminum in its products until it can ensure 100% reliability, highlighting its cautious approach to product quality [6][11]. - The air conditioning industry is experiencing a significant shift towards aluminum, driven by the high costs of copper, which can account for 20% of the cost of a single air conditioner, while aluminum costs only about one-tenth of copper [8][9]. Group 2: Strategic Implications - The push for "aluminum replacing copper" is not only a technological evolution but also a strategic necessity for the domestic appliance industry, as over 95% of copper is imported, making the industry vulnerable to supply chain disruptions [9]. - The Ministry of Industry and Information Technology has proposed expanding aluminum consumption in various applications, including air conditioning, as part of a broader strategy for high-quality aluminum industry development from 2025 to 2027 [9]. - Gree's reluctance to adopt aluminum may lead to higher product costs, especially as international copper prices continue to rise, potentially pushing Gree's products out of competitive price ranges [11].

Core Insights - Shandong's consumption market remains active entering winter, driven by initiatives like "trade-in for new" and "foundation building for entities" to enhance high-quality economic development [1] Group 1: Consumption Growth - The "trade-in for new" policy has generated a consumption increment valued at over 100 billion, with subsidies exceeding 20 billion RMB, leading to sales exceeding 170 billion RMB by October 2025 [2] - Daily applications for automobile updates reach nearly 3,000, with 478,000 applications for scrapping and 431,000 for replacement as of October 31 [2] - In the home appliance sector, 10.154 million new appliances were sold through trade-in, averaging 33,000 daily applications, while 5.894 million 3C digital products and 1.144 million electric bicycles were also updated [2] Group 2: Community and Enterprise Engagement - Community initiatives have included over 100 events promoting "trade-in for new," providing one-stop services for residents, including policy interpretation and product displays [2] - Brands like Hitachi, Haier, and SAIC Volkswagen are directly engaging with rural markets, facilitating the entire process of old product evaluation and new product selection [3] - Companies are leveraging the policy to accelerate channel upgrades, with community services being expanded to more rural areas and enterprises [3] Group 3: Economic Performance - Shandong's retail sales reached 30,386.1 billion RMB in the first three quarters, with a year-on-year growth of 5.6%, outperforming the national average by 1.1 percentage points [4] - The innovation of consumption scenarios has been a key factor in driving growth, with new store openings and revitalization of traditional shopping areas attracting consumer interest [4] - The service sector has seen significant growth, with entertainment, public facilities management, and business services reporting revenue increases of 19.4%, 18.9%, and 16.9% respectively [4] Group 4: Brand and Investment Dynamics - Local brands like Haier, Hisense, and Qingdao Beer are leading the market, with Qingdao Beer Museum generating over 250 million RMB in revenue since its opening [5] - External investments are also increasing, with companies like Hema expanding into lower-tier cities and Sam's Club opening new stores in Shandong [5] - The transition of Shandong's economy is shifting from scale expansion to a focus on quality and efficiency, with digital transformation and industry integration becoming core drivers [5]