Group 1 - FOTILE launched the new generation of high-end fully embedded refrigerators, the "DONGTING" series, at the "Design Shanghai" 2025 exhibition, showcasing advanced technology integrated with emotional design [2][3] - The exhibition featured over 600 premium brands from more than 30 countries, focusing on four core areas: furniture and lighting design, kitchen and integrated design, new materials and applications, and lifestyle and accessories design [2][3] - FOTILE aims to redefine high-end living spaces by merging technology with humanistic philosophy, presenting a model of ideal living environments on a global design stage [3][4] Group 2 - The new fully embedded refrigerator has a thickness of 575mm and an opening size of 900mm, designed to fit Chinese kitchen cabinets precisely, allowing for customized cabinet doors [5] - The refrigerator incorporates innovative preservation technology, achieving breakthroughs in nitrogen preservation, which extends the nutritional period of ingredients [5] - FOTILE's new refrigerator won the 2025 iF Design Gold Award with a low probability of 0.7%, making it the only refrigerator product to receive this honor [5] Group 3 - FOTILE's integrated cooking center, the "Ruiyin" series, introduces a new design philosophy that harmonizes kitchen and living spaces, creating a seamless integration of functionality and aesthetics [7] - The "Healthy Cooking GPT" system in the Ruiyin series transforms kitchen appliances into health advisors, addressing the challenge of balancing health, taste, and ease of cooking [7] Group 4 - FOTILE emphasizes emotional design in its products, aiming to create a harmonious coexistence between people, objects, and spaces, enhancing the overall living experience [8][10] - The "DONGTING" series is designed around the concept of water, reflecting the Chinese ideal of harmony with nature, and aims to elevate the emotional aesthetics of home environments [9][10] Group 5 - FOTILE is committed to providing differentiated value in a competitive custom industry, focusing on long-term principles rather than price competition [10] - The company aims to create a "happy home ecosystem," blending technological innovation with emotional resonance to redefine modern high-end living [11][12]

Core Viewpoint - The narrative of China's home appliance industry is shifting from a focus on speed and scale to a deeper transformation centered on industry chain reconstruction, value narrative upgrades, and future demand exploration. The new formula for sustainable value growth emphasizes insight into human nature and technological leadership [1]. Group 1: Industry Transformation - The home appliance industry is moving away from the old script of cheap products for market access to a new era defined by high-end innovation and technology barriers [1]. - The transition from "technical OEM" to "standard-setting" represents a significant power shift in the industry, with companies like Fotile leading the way in establishing international standards [3][4]. - Fotile's journey from being a follower to a standard setter in the kitchen appliance sector illustrates the importance of innovation and the need for Chinese voices in global standards [4]. Group 2: Market Dynamics - The home appliance market has shifted from a growth phase to a competition for existing market share, with two main battlegrounds: replacement wars based on experience upgrades and demand creation through scenario innovation [6]. - The evolution of high-end brands from merely meeting basic needs to creating immersive experiences reflects a significant shift in consumer expectations and market strategies [8]. Group 3: Fotile's Innovations - Fotile's new generation of high-end integrated refrigerators exemplifies the brand's commitment to creating a "true freshness" experience, utilizing advanced nitrogen preservation technology [10]. - The integration of AI technology into Fotile's kitchen ecosystem aims to enhance user experience through smart cooking and health management solutions [10]. - Fotile's approach to innovation is characterized by a deep understanding of local consumer needs, leading to significant market share in high-end segments [10]. Group 4: Chinese-style Innovation - The concept of "Chinese-style innovation" emphasizes continuous evolution and optimization based on real user needs, contrasting with Western innovation that often seeks groundbreaking discoveries [15]. - Fotile's development of integrated cooking centers addresses common pain points in Chinese kitchens, showcasing a practical response to consumer demands [13]. - This approach highlights the importance of understanding and solving everyday problems, leading to rapid iterations and effective applications in the market [15]. Conclusion - The transformation of the home appliance industry in China is marked by a shift from cost-driven success to innovation and experience-driven value creation, with Fotile serving as a prime example of this evolution [17][18].