政策聚焦下沉市场，汇通达网络(9878.HK)坚持扩内需、促融合

Core Insights - The central economic work conference held on December 10-11 outlined key economic tasks for 2026, emphasizing domestic demand, innovation-driven growth, and coordinated development [1] - The national retail innovation development conference highlighted the importance of focusing on lower-tier markets and developing new business models to stimulate consumption [1] Group 1: Domestic Demand and Market Growth - Domestic demand is identified as the main driver of economic growth, with rural retail sales growth outpacing urban sales for several years [1] - In 2024, rural retail sales are projected to reach 6.7 trillion yuan, with a year-on-year growth of 4.3%, exceeding urban growth by 0.9 percentage points [1] - The 38,000 town-level administrative regions are becoming significant engines for expanding domestic demand [1] Group 2: Company Initiatives and Collaborations - Huitongda Network (9878.HK) is actively promoting quality products in lower-tier markets through partnerships with leading brands in home appliances and consumer electronics [2] - The company has established over 1,000 O2O stores in collaboration with Apple in lower-tier markets, aiming for a more than 300% year-on-year increase in sales during the 2025 "new product season" [2] - Huitongda is also collaborating with brands like Mo Jue and Boyin Hearing to expand into lower-tier markets [2] Group 3: Digital Infrastructure and Supply Chain Innovation - Huitongda is building digital rural circulation infrastructure using an AI + smart supply chain model, creating a comprehensive S2b2c "new business road" for lower-tier markets [2] - The company utilizes the Qiancheng AI Super Store Manager system to enhance supply chain efficiency, improving procurement decision-making efficiency by 60% and reducing labor costs by 30% [3] - Huitongda's AI agents are widely used in daily operations, significantly lowering operational costs for marketing innovations by over 75% [3] Group 4: Economic Impact and Future Outlook - Huitongda's technological and model innovations contribute to high-quality development in domestic economic circulation and urban-rural dual flow [3] - The company's advantages in technology and innovation are expected to provide a solid foundation for future valuation recovery [3]