Investment Rating - The report maintains a "Positive" outlook for the home appliance industry [6] Core Insights - Geopolitical conflicts are driving up costs in the home appliance sector, particularly in raw materials and shipping [9] - The upcoming AWE 2026 is expected to highlight advancements in black electrical technology, with a focus on high-end Miniled technology [9] Summary by Sections Investment Recommendations and Targets - Investment suggestion emphasizes that leading companies with higher operational efficiency are better positioned to withstand rising costs, making them a preferred choice for stable allocation. Recommended stocks include Haier Smart Home (600690, Not Rated) and Hisense Visual (600060, Overweight) [3] - The long-term strategy of international expansion remains crucial, with potential valuation shifts expected in 2026. Recommended stocks include Roborock Technology (688169, Buy) and Lek Electric (603355, Buy) [3] - Attention is drawn to the upcoming AWE 2026 and the technological iterations in the black electrical industry, with TCL Electronics (01070, Not Rated) highlighted as a key player [3]
地缘冲突导致成本上行，AWE将至关注黑电技术迭代
Orient Securities·2026-03-02 11:16