Core Viewpoint - The Chengdu International Auto Show showcased the global strategic model, the new Deep Blue S07, which emphasizes technological advancements in the mid-size SUV market, enhancing the brand's product matrix [1][4]. Design and Comfort - The Deep Blue S07 features a design that merges technology and comfort, with a luxurious yacht-inspired interior and a spacious soft-touch area of 10.7 square meters, offering three color options and high-quality materials [1][2]. - The vehicle includes advanced comfort features such as zero-gravity massage seats with multiple electric adjustments and heating functions, enhancing the overall passenger experience [1][2]. Driving Experience - The S07 is equipped with a variable adaptive suspension system that improves driving stability and comfort by filtering road impacts, making it suitable for various driving conditions [2]. - The chassis design incorporates hydraulic bushings and lightweight aluminum components to enhance durability and reduce vibrations, ensuring a smooth ride [2]. Intelligent Features - The vehicle is notable for its advanced intelligent driving capabilities, featuring the Huawei Qian Kun intelligent driving system, which includes high-level driving assistance functions and extensive scene recognition for parking [2][3]. - It is powered by the Qualcomm Snapdragon 8295P chip, enhancing human-vehicle interaction and safety through a comprehensive collision avoidance system [2][3]. Power and Efficiency - The Deep Blue S07 offers both range-extended and pure electric versions, with the range-extended model achieving a maximum electric range of 300 km and a total range of 1385 km, while the pure electric version provides a range of 550 km [3]. - Both models support fast charging technology, allowing for significant range recovery in a short charging time, with the range-extended version achieving a fuel consumption rate as low as 3.8L/100km [3]. Market Expansion - The Deep Blue S07 has already entered over 70 countries and regions, with plans to expand into European markets including the UK, Germany, and Spain by the end of the year, aiming to cover over 90 countries globally [3][4].

Core Insights - The new Xiaopeng P7 will officially launch this month without a pre-sale price, with the final pricing to be announced later [1] Group 1: Vehicle Specifications - The new P7 features a maximum CLTC range of 820 km and can recharge 525 km in just 10 minutes, leading its class [3] - It boasts a 0-100 km/h acceleration in 3 seconds and a top speed of 230 km/h [3] - The vehicle is equipped with three Turing chips, providing the highest computing power globally at 2250 TOPS, and comes standard with Ultra configuration [3][7] Group 2: Design and Features - The P7 has a body width of 1970 mm and ultra-wide rear tires of 275 mm, featuring the industry's first integrated flat luminous logo and hidden millimeter-wave radar [3] - It offers a unique three-axis dynamic screen and the largest 87-inch AR-HUD in its class, along with the industry's first Touch Pad [3] - The vehicle is available in six exterior colors and three interior colors, utilizing high-quality BASF paint [3]

Core Viewpoint - The concept of "Good House" has been introduced in the government work report, providing policy guidance for the "housing for all" initiative, marking a significant shift from policy advocacy to a binding national standard with the implementation of the "Residential Project Specification" on May 1, 2025, leading to a profound transformation in the industry from "quantity" to "quality" [2][3]. Group 1: Industry Response to "Good House" - Over 50% of monitored real estate companies have mentioned "Good House" in their official communications this year, indicating a strong industry response to this significant concept [2]. - Various companies have developed comprehensive systems to ensure their products meet the expectations and standards set by the "Good House" initiative, integrating their past experiences and advancements in the quality era [2][3]. Group 2: Company Standards and Innovations - Greentown China introduced the industry's first "Good House" standard, focusing on six key elements: aesthetics, affordability, intelligence, low carbon, full lifecycle, and health [3]. - China Electric Power Real Estate established a "Good House" standard with six dimensions and 165 technical parameters, emphasizing safety, health, green, and smart features [3]. - Poly Developments proposed a "Cultural Community" product concept, integrating "good products, good services, good living" as its core strategy [3]. - China Resources Land has established a "Good House" system focusing on community, product, and service, detailing twelve key scenarios to meet customer needs [3][6]. Group 3: Addressing Consumer Pain Points - The focus on consumer needs has become paramount, with companies like Greentown China responding to insights from a lifestyle demand report by offering customized living spaces [10]. - China State Construction developed a "Good House" construction system based on extensive customer feedback, addressing over 95% of common residential pain points [11]. - China Overseas Property launched the Living OS system, aiming to meet diverse customer expectations through a technology-driven approach [13]. Group 4: Technological Integration - The integration of technology and intelligence into housing products is a growing trend, with companies like Poly Developments implementing a comprehensive smart response across their product and service chains [14]. - Wuhan Urban Construction is utilizing BIM technology in its projects to enhance construction efficiency and quality control [14][16]. - Jinji Real Estate is collaborating with Huawei to provide smart home systems for high-end residential projects, aiming to create a holistic intelligent living environment [17]. Group 5: Product Launches and Market Trends - The "Good House" era has seen the launch of innovative products, such as Huafa's "Good House" project in Zhuhai, featuring advanced technology like AI butlers and drone delivery systems [18]. - China State Construction has introduced several projects with "Good House" characteristics, focusing on green and low-carbon living environments [21]. - Poly Developments' project "Zhenluan" emphasizes functional aesthetics, transforming traditional luxury into practical living spaces [24]. Group 6: Future Developments and Evaluations - The 2025 semi-annual CRIC "China Real Estate Product Evaluation" has been initiated, including a new category for "Good House" evaluations, with results expected in June [25][27].

Group 1 - The home and decoration materials industry is experiencing a shift away from its deep reliance on the real estate market, with increasing consumer demand driven by policy incentives and a focus on upgrading existing products [1][2] - The furniture manufacturing sector reported a revenue of 677.15 billion yuan in 2024, a year-on-year increase of 0.4%, while total profits decreased by 0.1% to 37.24 billion yuan [2] - The home improvement market is expected to see significant growth in the renovation of existing homes, with projections indicating that by 2027, renovations of existing homes will account for 57% of the market [3] Group 2 - The younger generation, particularly those under 35, is becoming the main consumer group in the home furnishings market, with 95% of consumers using both online and offline channels to gather product information [5][6] - There is a growing emphasis on the practicality, environmental health, and technological features of home products, with consumers increasingly concerned about indoor air quality and formaldehyde levels [6] - The home furnishings market is projected to reach a scale of 4.8 trillion yuan by 2025, with furniture accounting for 1.82 trillion yuan, and smart home device retail sales expected to exceed 1.2 trillion yuan, growing by 28% [7] Group 3 - Rabbit Baby, a leading company in the panel industry, is celebrating its 20th anniversary and reported nearly 10 billion yuan in revenue for 2024, with over 6,000 specialized stores nationwide [8] - The company is expanding its sales channels from traditional retail to a more diversified approach, collaborating with over 20,000 custom furniture enterprises [8] - The home furnishings sector is anticipated to recover from previous low valuations, with expectations of continued growth in retail scale, potentially reaching 4.89 trillion yuan by 2026 [8]