Core Insights - The old home appliances are undergoing a significant "renewal journey" driven by consumer upgrades and environmental concepts, redefining the value of waste items and establishing a new pattern for circular economy development [1] - With the implementation of the national trade-in policy, the recycling volume of old home appliances in China is expected to grow by 14.83% year-on-year in 2024, with the market size for discarded electrical and electronic products recycling exceeding 150 billion yuan, indicating the rise of a billion-level industrial ecosystem [1] Group 1: Recycling System Reconstruction and Upgrade - The traditional disposal model for old home appliances is undergoing fundamental changes, with community recycling networks becoming a crucial support point for this transformation [3] - Various recycling channels are developing in a diversified manner, including e-commerce platforms, third-party recycling platforms, and self-built recycling platforms by companies, forming a multi-dimensional recycling network [3] - The collaboration among upstream and downstream enterprises in the industry chain is becoming increasingly close, with manufacturers and recycling companies establishing strategic partnerships to enhance recycling efficiency [3] Group 2: Innovation in Remanufacturing Technology - The value reshaping of old home appliances relies on advanced remanufacturing technology, with upgrades in the disassembly process being a key breakthrough [4] - The recycling of valuable metals such as copper, aluminum, and rare earth elements from old home appliances demonstrates significant economic value, reducing reliance on primary resources and creating considerable economic benefits [4] - The introduction and absorption of cross-border remanufacturing technology are accelerating, with partnerships with international advanced companies leading to significant advancements in waste home appliance processing technology [4]