21世纪经济报道 吴立洋 1月6日，2026年国际消费电子展（CES 2026）在美国拉斯维加斯拉开帷幕，多家家电、消费电子厂商 集体参展。其中，携旗下清洁电器、大家电、智能硬件等多品类产品追觅，成为本届CES的焦点厂商之 一。 2025年下半年，追觅曾密集发布旗下多品类智能家电新品，除清洁电器外，涵盖黑电、白电、厨电、穿 戴设备等多个领域，CES 2026也成为追觅旗下全系产品亮相的首个大型展会。据悉，本届CES追觅 以"AlldreamsInOneDreame"为主题， 次完整呈现"追觅全屋智能 态"。 作为追觅的核心业务，洗地机本次也展出了获得CES 2026创新奖的H15 Pro Heat、面向北美地区的首发 新品Aero系列等产品，展现出加速拓展海外市场的发展策略。 在全球清洁电器渗透率不断提升、家电产业智能化转型加速的大背景下，追觅如何巩固清洁电器龙头地 位，并通过布局全屋智能生态扩展市场发展空间？就此，21世纪经济报道与追觅科技洗地机事业部负责 人许成锋，追觅品牌副总经理、创新业务负责人庾仁宗进行了交流。 其在交流中表示，全屋智能是家电产业的发展潮流，用户对智慧生活场景的需求正在从"单点智 能" ...

Group 1 - The core idea of the article is the transformation of smart locks from being criticized as "artificial intelligence disabilities" to becoming essential components of smart home ecosystems, driven by technological advancements and consumer demand for convenience and security [36] - The smart lock market in China is experiencing significant growth, with a penetration rate of over 40% in first-tier cities by 2025, and the global smart door lock market is projected to reach $2.77 billion in 2024, growing to $8.1 billion by 2030 [3][10] - Major companies like Xiaomi, Huawei, and Haier are heavily investing in the smart lock sector, leading to intense competition and a "red ocean" market environment [3][14] Group 2 - The evolution of smart locks has led to advanced features such as AI capabilities, biometric recognition, and seamless integration with other smart home devices, enhancing user experience [5][15] - The first batch of smart lock users is entering a 5-7 year replacement cycle, creating a dual opportunity for both replacement and new market penetration [14] - Smart locks are becoming the "first entry point" in smart homes, with companies like Huawei positioning their products as integral to their broader smart home ecosystems [15][17] Group 3 - The article highlights the importance of security and reliability in smart locks, noting that despite advancements, there have been incidents of malfunction and security breaches, raising consumer concerns [29][31] - Companies are focusing on improving biometric recognition technologies, such as palm vein recognition, to address issues with traditional fingerprint locks and enhance security [24][28] - Data privacy is a significant concern, as many smart locks store sensitive user information, and inadequate data encryption could lead to privacy breaches [34]

来源：央视网 整个家里大概有100多个智能设备。工作的时候可以不用管家里的地面，让扫地机器人自己去打扫，冬天可以不开窗，让它有一个 空气的交换，过得也会更舒服一点。包括灯光什么的不需要频繁去开关，有些时候忘关灯了还会比较费电。 对张伟峰来说，智能家电能给他带来极大的生活舒适感，这也直接影响了他的消费习惯。 央视网消息： 近年来，随着5G、人工智能等技术的快速发展，各项智能设备逐渐走进普通人的家庭，不仅提升了我们的生活品质， 也有力拉动了消费。而对智能家居的消费主力——年轻人来说，"全屋智能"也正在取代"单品智能"成为新的消费时尚。 你理想中的家是什么样子的？上了一天的班回来，门锁识别到你的脸，轻声开门迎接；踏入玄关，柔和的灯光自动亮起；扫地机器 人已经将家里打扫干净，空调也早就调到了最舒适的温度。坐下来，喝杯咖啡、逗逗猫、看看书，疲惫一扫而空。 阿峰是一名自由摄影师，去年5月在北京买了自己的房子，装修时选择了全屋智能。 张伟峰表示，比如家里一些刚需的设备他会主动去找，看它是不是有智能的。比如说鱼缸，有一个智能鱼缸可以不用管喂食，他就 会比较心动，就会买一个鱼缸过来摆在家里面。 张伟峰所代表的，正是当前许多年轻 ...

更多政策解读、城市月报、房企研究报告 ..... 中指云 就在 \ 中国房地产企业资讯监测报告（2025年 12月1日-2025年12月7日 ) 北京中指信息技术研究院 北京中指信息技术研究院 中指观点 重点监测企业共拿地 30 宗，总成交金额 242.8 亿元。 品牌房企共融资 4笔,融资总金额为 57.3 亿元。 王地储备 ( 中指研究院大数据中心 电 话: 4006306618 查看往期全文：https: // www.cih-index.com/ 中国房地产企业资讯监测报告 (20251201-20251207) 目 录 | 重点监测企业共拿地 30 宗，总成交金额 242.8 亿元。 | | --- | | 品牌房企共融资 4 笔，融资总金额为 57.3 亿元。 … | | 一、土地储备 | | 近期重点监测企业拿地情况 | | 1. 天津：津滨发展子公司 4.74 亿元联合竞得河东住宅商业地块 . | | 2. 武汉：3 宗宅地 8.88 亿元成交, 东西湖两宗溢价超 6% . | | 3. 常州：成功拍出６宗住宅用地，总成交价 24.7 亿元 | | 4. 佛山:保利华南超 12.65 亿拿下南 ...

当下在智能家居市场上，行业企业推出了众多智慧场景。这些场景到底是真需求，还是智商税呢?海尔 智慧家庭用一场直播作出解答。 12月19日，海尔智慧家庭联合知乎在北京首钢国际会展中心8号馆，开启"走进海尔智慧家&好房子科技 展"直播，以真实场景给出回应。智慧家庭体验官通过实时镜头，带领观众深入从玄关到卧室、从厨房 到阳台的全屋智慧动线，直观呈现科技与日常生活的融合程度。这场直播不仅是对智慧家居场景的展 示，更是一场关于智慧生活是否值得期待的深度探讨。 全屋智能：让智慧生活触手可得 在直播中可以看到，AI科技确实可以让智慧生活触手可得。从下班的那一刻起，就可以通过海尔智慧 家庭UhomeCar平台无缝切换到"家庭模式"，上车后只需要说一句"打开回家模式"，家里的空调、灯光 就能自动开启，营造舒适的回家氛围。 此次直播，海尔智慧家庭用AI科技重新定义了"家"的内涵，让家不再是冰冷的物理空间，而是能感知、 会思考、懂情感的"家庭成员"。随着海尔智慧家庭AI科技的持续发展，一定能用科技让生活变得更美 好。 在智慧阳台上，则是将AI科技精细运用到每一次清扫、洗涤过程中。说一句"我要清扫"，扫地机器人就 开始打扫全屋;智慧阳 ...

证券研究报告 行业深度（R3） 家用电器 积跬步以至千里 家用电器行业 2026 年年度策略 | 2025 年 12 月 25 日 | | | | --- | --- | --- | | 评级 | 同步大市 | | | | 评级变动： | 维持 | | 重点股票 | 2024A | | 2025E | | 2026E | | 评级 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | EPS（元） PE（倍） EPS（元） PE（倍）EPS（元） PE（倍） | | | | | | 海尔智家 | 2.00 | 13.45 | 2.30 | 11.67 | 2.47 | 10.89 | 买入 | | 九号公司 | 1.51 | 39.25 | 2.38 | 24.84 | 3.23 | 18.28 | 买入 | | 爱玛科技 | 2.29 | 13.16 | 2.98 | 10.10 | 3.63 | 8.30 | 买入 | 资料来源： iFinD ，财信证券 投资要点： 行业涨跌幅比较 % 1M 3M 12M 家用电器 2.44 0.66 6. ...

Core Viewpoint - The consumption market is undergoing a structural transformation from policy-driven expansion to quality-driven growth, with a focus on three key sectors: silver economy, maternal and infant consumption, and smart home technology [1] Silver Economy - The aging population in China is projected to reach 310 million by the end of 2024, accounting for 22% of the total population, with 220 million aged 65 and above [2] - The elderly population is increasingly seeking quality and intelligent living solutions, leading to a shift from traditional elderly care to technology-driven and health-oriented services [2] - The market for elderly products is expected to grow from 5.4 trillion yuan in 2024 to 6.1 trillion yuan by 2025, with a compound annual growth rate of 7.3% from 2014 to 2024 [2] - Over 405,000 companies related to the silver economy are currently registered in China, with approximately 75,000 new registrations in 2025 alone [2] Maternal and Infant Consumption - The retail sales of maternal and infant products (excluding food) are projected to reach 565.33 billion yuan in 2024, driven by the demand for smart, safe, and personalized products [6] - The number of registered maternal and infant product companies has exceeded 11.37 million, with about 2.99 million new registrations in 2025 [6] - Key regions for maternal and infant product companies include Guangdong, Hainan, and Hubei, which collectively account for over 35% of the total [6] Smart Home Technology - The smart home market in China is expected to reach 756 billion yuan in 2024 and surpass 800 billion yuan in 2025, with a target of reaching 1 trillion yuan by 2027 [9] - AI technology is transforming smart home products and services, enabling interconnected ecosystems that enhance user experience and energy efficiency [9] - There are over 92,000 registered smart home companies in China, with Guangdong leading in company numbers [9] Overall Market Trends - The three sectors are expected to drive significant growth in the consumption economy, transitioning from scale expansion to high-quality development, supported by policy initiatives and technological innovations [10]

在前装市场，针对新房装修用户，华为推出了三款智装套餐：标准组合 29999 元、专业组合 59999 元和尊享组合 99999 元。 标准组合，构建完整的全屋智能基础设备，主要采用 PLC 连接技术，配备全屋 WiFi7 网络覆盖。方案支持出门灯光一键全关和客厅亮度色温、客厅和主卧 窗帘开合调节，在外可远程控制空调，一键暖房或凉房，配备华为智能门锁 2，厨房安装传感器能实时监测烟雾。用户可通过华为智慧生活 App、智慧语音 与中控屏 MINI 多种方式控制全屋设备。 IT之家 12 月 22 日消息，12 月 22 日，华为新品发布会上，华为鸿蒙智家发布多款产品及升级，推出全屋智能套装，售价 9999 元起。 华为鸿蒙智家推出的全屋智能套装套餐，分为后装套餐、前装套餐。其中后装智装套餐最低售价为 9999 元。 专业组合，在标准组合基础上，增加了餐厅、儿童房的灯光亮度色温调节以及儿童房智能窗帘，支持更多场景的光影氛围调节。通过四合一空气传感器和多 种空气设备，实现新居除醛、富氧通风、恒温恒湿多种功能，并新增支持燃气、水浸、烟雾三重监测，无感交互带来人来灯亮、起夜自动亮灯、睡眠监测和 入睡自动关灯的智慧进阶体验 ...

Core Insights - Beike's subsidiary, Beihome, is innovating in the real estate sector by adopting a C2M (Customer to Manufacturer) model, positioning itself as a partner to developers rather than a traditional developer [2][10] - The launch of the "Financial City · Beichen S1" project in Chengdu marks Beihome's first self-operated project, showcasing its commitment to high-quality residential development [3][7] Group 1: Project Overview - Beihome acquired a land parcel in Chengdu for 1.076 billion, with a floor price of 27,300 per square meter, establishing a new benchmark for land prices [3] - The Beichen S1 project features luxury units ranging from 275 to 560 square meters, priced between 15.9 million and 54 million, with 108 total units [3] - Within a month of opening, Beichen S1 achieved 20 signed contracts, ranking second in the city for residential sales above 20 million [3] Group 2: Investment and Cost Structure - The construction cost of Beichen S1 exceeds 30,000 per square meter, with total costs surpassing 57,300 per square meter when including land costs [4] - Beihome has invested significantly in the project, with management deciding to allocate several hundred million from land price differences to enhance product quality [4][5] - The project features high-end materials and technology, with construction costs for luxury facades exceeding 4,000 per square meter, significantly higher than the industry average [4] Group 3: Innovative Features and Design - Beichen S1 incorporates a "Six Senses® Smart System," integrating over 310 smart devices, which is four times the average for high-end residences in China [5] - Unique design elements address common residential pain points, such as air conditioning in garbage rooms and specialized features for elderly residents [5][7] - The project has been recognized for its thoughtful design and high-quality materials, setting a new standard for luxury housing in Chengdu [6][8] Group 4: Strategic Vision and Market Positioning - Beihome aims to redefine real estate development by prioritizing customer needs over traditional development practices, as exemplified by the Beichen S1 project [7][11] - The company has garnered interest from over 50 developers, indicating strong industry recognition and potential for collaboration [8] - Beihome's C2M model is expected to drive innovation in the housing sector, similar to the impact of Huawei's technology in the automotive industry [10][11]

Core Insights - The global home appliance industry is shifting from scale growth to value competition, with a focus on technological innovation and scenario integration as key to overcoming challenges [1][3] Group 1: Vacuum Cleaner Innovations - The vacuum cleaner industry is currently experiencing a "micro-innovation" bottleneck, with traditional products failing to address deep user pain points [3] - In 2025, from January to November, the domestic revenue of the company's vacuum cleaners grew by 40%, while overseas market growth reached 59% [3] - The company has introduced several breakthrough technologies, including a high-speed digital motor with a maximum speed of 200,000 RPM and the world's first active hair-cutting technology [3][5] Group 2: Major Appliance Transformation - The traditional major appliance sector is undergoing two core shifts: premiumization and scenario-based solutions, with consumers seeking high-end experiences that integrate with home aesthetics [5] - The company has leveraged its expertise in bionic robotic arms and smart sensing to expand its capabilities from cleaning appliances to major appliances [5] - The introduction of the X-Wind air conditioner features dual bionic arms for flexible airflow and personalized comfort, addressing traditional air conditioning issues [5] Group 3: Kitchen and Laundry Innovations - The company has launched differentiated kitchen products, including the DS50 air fryer and AF60 multi-functional air fryer, utilizing innovative cooking technologies [6] - In the laundry sector, the washing machine can identify fabric types and automatically adjust washing programs, while the water purifier integrates heating, purification, and ice-making functions [6] - The focus on health and personalization in product development aims to enhance user comfort and well-being through AI and sensor integration [6] Group 4: R&D and Manufacturing Expansion - As of June 30, 2025, 60% of the company's workforce is dedicated to R&D, with annual R&D expenses accounting for no less than 7% of revenue [8] - The company is expanding its manufacturing footprint with a new smart manufacturing base in Nanjing, involving a total investment of 4 billion yuan and an expected annual production capacity of nearly 5 million units [8]