SUNING.COM(SZ:002024) Sou Hu Cai Jing·2025-10-02 10:56Core Insights - The combination of the Mid-Autumn Festival and National Day creates a "super long golden week," injecting new momentum into the consumer market [1] - Suning.com has moved its Double 11 promotional activities to the National Day period, launching a "Home Appliance Universal Day" and a "Flash Sale" event to stimulate consumer spending [1][3] - The first round of consumption data during the National Day shows a significant increase in foot traffic and sales at Suning stores, with a 46% year-on-year increase in customer flow and a 152% increase in sales at Max and Pro stores [1][3] Sales Performance - Suning's new pricing strategy has led to over 1 million product reservations by September 30, with top-selling items including a 1.5 HP air conditioner priced at 1399 yuan, a 508L refrigerator at 4399 yuan, and an 85-inch QD-MiniLED TV at 8499 yuan [3] - AI smart home appliances have seen a sales share increase to 55%, with notable growth in products like air conditioners and washing machines featuring advanced AI capabilities [3][5] Market Trends - There is a growing consumer demand for health-oriented and embedded home appliances, with significant sales growth in products like desktop water purifiers (231% increase) and multi-tub washing machines [5] - The trend of integrating home appliances with home aesthetics is evident, with embedded dishwashers, wallpaper TVs, and integrated stoves experiencing sales growth of 86%, 153%, and 359% respectively [5] Store Expansion and Experience - Suning is actively expanding its physical store presence and enhancing customer experience, with new flagship stores opening in cities like Nanchang and Shanghai, achieving high foot traffic and sales [5][6] - The company aims to transform its stores from mere shopping locations to experiential consumption centers, leveraging new scenarios and business models to boost consumer engagement [5][6]