SIASUN(SZ:300024) Yang Zi Wan Bao Wang·2026-01-23 06:15Core Viewpoint - Jiangsu Province has announced a large-scale equipment update and consumer goods trade-in policy to be implemented by 2026, focusing on promoting green, low-carbon, and smart products while managing funding limits and qualifications for subsidies [1][4]. Group 1: Automotive Support - The policy supports the scrapping of gasoline and diesel vehicles registered before specific dates, offering a one-time subsidy for purchasing new energy vehicles or low-displacement fuel vehicles [2]. - For scrapped eligible vehicles, a subsidy of 12% of the vehicle price (up to 20,000 yuan) is provided for new energy vehicles, and 10% (up to 15,000 yuan) for low-displacement fuel vehicles [2]. - Consumers must register their scrapped vehicles in their name by January 8, 2025, to qualify for the subsidy [2]. Group 2: Home Appliance Support - The policy includes support for six categories of home appliances, providing a subsidy of 15% of the sales price (up to 1,500 yuan) for energy-efficient products [3]. - Consumers can receive a subsidy for one item per category, including refrigerators, washing machines, televisions, air conditioners, computers, and water heaters [3]. - The policy also supports the purchase of digital and smart products, offering a 15% subsidy (up to 500 yuan) for items like smartphones and smartwatches [3]. Group 3: Funding Management - The funding for the consumer goods trade-in program will be managed with a limit, and any unused funds by December 31, 2026, will be reclaimed [1][4]. - The funding distribution will consider factors such as population, GDP, and local sales, with a focus on maximizing the impact of subsidies [1][4]. - The provincial and municipal governments will share the funding burden, with specific ratios for different regions [4]. Group 4: Regulatory Oversight - The policy emphasizes strict regulatory oversight of the funding and project implementation, with local governments being the primary responsible entities [6]. - There will be measures to prevent misuse of funds, including penalties for violations and a requirement for transparent reporting and evaluation of the program's effectiveness [6]. - Local governments are encouraged to develop their own funding plans while adhering to the unified standards set by the province [6].