Group 1 - The core viewpoint of the article highlights the government's initiatives to promote urban renewal and stimulate domestic consumption, which are expected to benefit companies in the home improvement and hardware industry [1] - The State Council, National Development and Reform Commission (NDRC), and Ministry of Finance have issued multiple documents to support the "old for new" subsidy policy, particularly for home improvement products [1] - The NDRC and Ministry of Finance's notification on January 5, 2025, indicates that subsidies for "home decoration products" will continue, prioritizing durable consumer goods such as automobiles, home appliances, and home improvement materials [1] Group 2 - The policy aims to enhance subsidies for personal consumers involved in home renovations, kitchen and bathroom upgrades, and aging-friendly home modifications, which is expected to drive growth in the home hardware industry [1] - The government is actively promoting smart home consumption as part of its broader strategy to stimulate the market [1]
悍高集团：家装消费品换新补贴将持续