Core Viewpoint - The demand for automatic ice-making refrigerators in China is rapidly increasing, driven by changing consumer preferences and the hot summer weather in 2025, leading to significant sales growth in this segment [1][2][3]. Market Trends - In the first seven months of 2025, online sales of automatic ice-making refrigerators reached 252,000 units, surpassing the total sales for the entire year of 2024 [1][2]. - The online sales of ice-making refrigerators increased from 115,000 units in 2022 to 207,000 units in 2024, indicating a strong upward trend [2]. Consumer Behavior - Young consumers are increasingly favoring ice drinks and self-made ice beverages, reflecting a shift in drinking habits from traditional hot water to cold beverages [2][3]. - The user profile for ice-making refrigerators predominantly consists of young individuals, often living alone or in small households, who enjoy ice drinks [3]. Industry Response - Major brands such as Rongsheng, Hisense, Casarte, Midea, COLMO, and Panasonic are actively launching new products in the automatic ice-making refrigerator market [3]. - The penetration rate of ice-making refrigerators in the high-end segment (priced above 10,000 yuan) reached 37.7% in the first half of 2025 [3]. Technical Challenges - Current challenges in the automatic ice-making refrigerator market include slow ice-making speed, mold issues in water storage boxes, and poor ice quality [4][5]. - The focus of competition among manufacturers is shifting towards improving ice-making efficiency and ensuring clean ice production [5]. Future Outlook - The market for automatic ice-making refrigerators is considered a "blue ocean" with significant growth potential, although the higher price point (1,000 to 2,000 yuan more than standard refrigerators) poses a challenge for wider adoption [4][5]. - As technology matures, it is anticipated that prices for ice-making refrigerators will decrease, potentially increasing market penetration [5].

自动制冰冰箱走热 每经记者｜陈鹏丽 每经编辑｜文多 2025年的夏季极端高温天气，不仅让空调在东北地区成"紧俏货"，还让另一个家电品类——自动制冰冰 箱"火"了起来。 一生爱喝热水的中国人变了，年轻人开始有了"冰依赖"。据奥维云网（AVC）统计，2025年1月至7月， 线上渠道制冰冰箱的销量已超2024年全年总量，高达25.2万台。 《每日经济新闻》记者获悉，8月13日，容声冰箱在青岛宣布通过首款自动制冰冰箱技术认证。中国家 用电器研究院副院长葛丰亮出席技术认证仪式时表示，消费分级的背景下，越来越多的消费者选择在家 中自制咖啡、冰饮，冰块使用文化在中国逐步渗透发展，对带制冰功能冰箱的需求提升。 容声冰箱营销总裁李强接受《每日经济新闻》记者采访时表示，今年炎热的夏季，的确刺激了自动制冰 冰箱的销售高速增长。现在，容声冰箱新的高端产品基本都搭载了自动制冰功能。 8月14日，奥维云网（AVC）大家电事业部研究经理肖蕴轩回复记者采访称，近两年制冰冰箱正处于放 量前期，属"蓝海市场"。但这个细分赛道也面临着一些问题，包括制冰速度慢、储水盒易发霉、冰块质 量欠佳等。制冰效率和洁净制冰正是当前冰箱厂商们技术博弈的焦点。 " ...

Core Viewpoints - The home appliance sector is expected to show steady growth in domestic sales despite the diminishing effects of national subsidies, with a return to stable growth anticipated in the second half of 2025 [3][25] - The valuation of the home appliance industry remains at a low level, with the industry index PE (TTM) at 14.45X, placing it at the 39.0 percentile since 2020 [13] - The report maintains an "outperform" rating for the home appliance sector, highlighting the resilience of major appliances and the recovery of small appliances [1][3] Summary by Sections 1. Overall Market Performance - In the first half of 2025, the home appliance sector slightly underperformed the market, with the sector index down 1.2% compared to the Shanghai and Shenzhen 300 index, which remained stable [10] - The home appliance sector's valuation is at a five-year low, with significant growth in home appliance components, which saw a rise of over 17% [10][11] 2. White Goods - Domestic sales of white goods benefited from national subsidy policies, showing strong resilience, with a projected steady growth in the second half of 2025 despite a slowdown in growth rates [4][19] - Major brands like Midea, Haier, Gree, and Hisense are recommended for investment due to their strong market positions and global production capabilities [4][17] 3. Black Goods - The black goods segment, particularly televisions, is experiencing stable demand with a shift towards Mini LED technology and decreasing panel prices, which are expected to enhance profitability for leading companies [40][44] - The domestic retail volume of televisions increased by 1.8% in the first half of 2025, with retail revenue growing by 7.5% [44] 4. Kitchen Appliances - The kitchen appliance sector is seeing a recovery in demand, particularly for traditional cooking appliances, driven by national subsidies, with retail sales of range hoods and gas stoves showing significant growth [53][54] - The overall demand for kitchen appliances is expected to stabilize as the effects of national subsidies wane, with a focus on the recovery of the real estate market to support future growth [55][57] 5. Small Appliances - The small appliance market, particularly kitchen appliances, is witnessing a notable recovery, with retail sales reaching 31.9 billion yuan, a year-on-year increase of 9.3% [65] - The demand for new cleaning products, such as robotic vacuum cleaners, has surged, with sales increasing by over 40% due to national subsidies [68][66] 6. Technology Integration - Leading home appliance companies are focusing on their strengths and expanding into emerging application areas, such as smart home technology and AI products, which are expected to drive long-term growth [4][28]

数据显示，根据上市公司权益分配方案梳理统计，18只A股今日股权登记。分红派息方面，海信家电、 华泰证券、外服控股分红力度最大，每10股分别派息12.30元、3.70元、2.40元。转增股本方面，聚灿光 电每10股转增4.5股。此外，还有2股抛出分红派息预案，朗博科技、哈铁科技每10股拟分别派息0.9元、 0.3元。 （文章来源：每日经济新闻） ...

炎炎夏日，一杯冰爽饮品成为无数家庭的"续命神器"。自制冰饮、冰咖的潮流席卷而来，带动搭载自动制冰功能的高端冰箱销售激增。然而，当消费者兴致 勃勃开启家庭制冰时，却常面临令人沮丧的痛点：手动制冰耗时漫长，卫生状况令人担忧，冰块疏松易融，清洁难题更是挥之不去。 这些看似琐碎的困扰，实则是用户对自动制冰冰箱核心诉求的集中体现——高效、洁净、耐用、便捷。市场虽积极响应，纷纷将自动制冰列为中高端冰箱标 配，但产品表现却良莠不齐：追求速度牺牲卫生、标榜"快速"实则超80分钟漫长等待、冰块粘连易碎等问题频现。 行业标准的缺失，一度成为困扰消费者选择与行业健康发展的瓶颈。 中国家用电器研究院副院长葛丰亮在"制冰时代 容声领先"首款自动制冰冰箱技术认证盛典上强调："消费者对制冰冰箱的卫生、效率与品质要求日益提升， 统一、权威的评测标准是规范市场、推动行业技术升级、保障消费者权益的关键基石。"这一评价，为冰箱制冰技术领域树立了清晰的坐标。 另外， 得益于冷冻室-31℃的冰封锁鲜科技，水分子在超低温环境下急速结晶，形成结构致密、不易碎裂的优质冰块，融化速度显著减缓。无论是制作绵密 冰沙，还是长时间冰镇饮品，都能持久锁住最佳冰爽口感 ...

近日，中国家用电器研究院对容声冰箱完成了"电冰箱自动制冰性能认证"测试并予以通过。据悉，这是该认证在行业内的首次颁发，标志着冰箱自动制冰功 能领域的技术规范与品质保障体系取得重要进展。 伴随国内消费者对生活品质需求的提升，具备自动制冰功能的冰箱正从以往主要面向出口，逐步成为国内市场的新兴需求点，尤其在年轻消费群体中关注度 显著增加。为满足消费者对洁净冰块的品质要求，容声冰箱在相关技术研发上进行了针对性投入。 中国家用电器研究院副院长葛丰亮表示："此次对容声冰箱的自动制冰性能认证，是我们推动家电行业技术规范化、品质化发展的重要一步。随着消费者对 生活品质追求的不断提高，像冰箱自动制冰这样的细分功能领域，也需要明确的技术标准和品质保障。容声冰箱此次率先通过认证，不仅体现了其自身强大 的技术研发实力，也为整个行业在该领域的发展树立了榜样。" 据了解，容声冰箱在实现自动制冰功能的关键部件上采取了多项卫生保障措施。储冰盒、储水盒及制冰管路均使用了抗菌材质，其抗菌率可达 99.99%。同 时，冰箱还配备了AI负离子高能除菌净味系统，应用于冷冻室和冷藏室，通过释放负离子主动捕捉并分解空气中的细菌和异味，除菌率可达 99.9 ...

转自：连线Insight 要知道，这份半年报是高玉玲接任董事长后的首份完整答卷。这位80后女舵手，在去年11月成为海信家 电史上最年轻且首位女性董事长后，如今又兼任总裁职务。除了一号位的变化，海信引入美的系高管殷 必彤任空气事业部总裁，并提名有海外背景的方雪玉为董事候选人。 组织变化往往伴随战略调整。眼下，高玉玲带领的新一届领导班子，面临的是挑战更为严峻的海信家 电。 对新上任领导来说，要同时应对内部管理重组、核心业务增速放缓、国际市场竞争加剧等多重挑战。更 关键的是，想要跻身第一梯队，吴玉玲要带着海信家电讲出新故事。 文｜连线Insight 王慧莹 1、海信家电半年报：还在增长，但挑战仍在 编辑｜子夜 提到海信，很多人的印象是海信电视。 这是因为海信电视品类的市场地位处在第一梯队，海信的宣传也更多围绕电视品类展开，例如在2025年 世俱杯喊出"海信100吋，世界第一"的口号。 相比之下，同属于"海信系"的海信家电，发展则面临挑战。2025年海信家电上半年报显示，海信家电营 收与净利润双增，但增速与去年同期相比有所下降。 白电业务是个竞争极为激烈的市场，当对手都在狂奔，海信家电却还卡在第二梯队。更重要的是，贡 ...

京东平台数据显示，今年6月至今，空调整体成交额同比增长超过60%，下单用户数同比增长近90%。 其中，7月中上旬，吉林省、辽宁省、黑龙江省成交额同比增长分别达到25倍、10倍、8倍，东北三省首 次购买空调的用户数同比增长超过800%；华北、华中、西北、西南等地区的空调成交额同比增长均超 过500%。 不过，空调制造商股价近期反映平淡。今年6月至8月13日收盘，格力电器、美的集团、海信家电的A股 股价在期间分别变动+2.82%、-4.95%、-8.28%。 华泰证券研究员樊俊豪认为，空调零售迎来结构性改善，"收入—利润"协同弹性或在第三季度释放。 北方市场需求激增 "今年夏天太热了，靠风扇都不行，都八月份了还在洗'汗'澡。忍了一个夏天最后没忍住，前两天还是 下单买了几台空调。"辽宁省盘锦市的董先生说。今夏以来，"北凉南热"格局被打破，东北及胶东等北 方滨海城市持续出现35℃+高温天气，往年可有可无的空调，突然成了北方人的"救命神器"。 海关总署数据显示，今年前7个月，我国出口空调468.1亿元，同比增长4.9%；其中，我国对欧洲出口空 调129.2亿元，同比增长28.9%，尤其7月单月对欧空调出口同比增长19. ...

Summary of Key Points Core Viewpoint - The recent release of the 2025 semi-annual reports for A-share listed companies has revealed significant movements by pension and social security funds, indicating their investment strategies and preferences in the market [1]. Pension Fund Holdings - A total of 12 companies have seen pension funds appear among their top ten circulating shareholders, with notable entries including Satellite Chemical and Hongfa Technology, which both welcomed pension funds for the first time [1]. - Satellite Chemical's pension fund, the Basic Pension Insurance Fund 808 Combination, holds 19.97 million shares valued at approximately 346 million yuan [1]. - Hongfa Technology's pension fund, the Basic Pension Insurance Fund 807 Combination, holds 11.11 million shares valued at around 248 million yuan [1]. - Other companies with significant pension fund increases include Spring Power, which saw an increase of 1.24 million shares valued at about 409 million yuan [1][2]. Social Security Fund Holdings - Social security funds have also shown increased activity, with four funds collectively increasing their holdings in Changshu Bank by nearly 28 million shares, valued at approximately 277 million yuan [4]. - Nanwei Medical received an increase of about 2.15 million shares from two social security funds, corresponding to a market value of around 152 million yuan [4]. - Su Testing received an increase of approximately 14.86 million shares from three social security funds, valued at about 213 million yuan [5]. Joint Increases by Pension and Social Security Funds - Five companies, including Spring Power, Guomai Culture, Hongfa Technology, Satellite Chemical, and Jerry Shares, experienced joint increases from both pension and social security funds [7].

| 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600690 海尔智家 | | 7113.60万 | 4.28% | -5025.23万 | -3.02% | -2088.37万 | -1.26% | | 000921 海信家电 | | 189.70万 | 0.38% | 255.22万 | 0.51% | -444.92万 | -0.89% | | 002668 TCL智家 | | 153.12万 | 1.21% | -571.10万 | -4.49% | - 417.97万 | 3.29% | | 000521 长虹美菱 | | -172.27万 | -1.37% | 207.18万 | 1.64% | -34.91万 | -0.28% | | 600336 澳柯玛 | | -861.25万 | -3.92% | -59.88万 | -0.27% | 921.14万 | 4.19% | | 001387 | 雪 ...