Core Insights - JD's instant retail platform, JD Seconds, has fully adopted the national subsidy program for 2026, launching in 15 provinces including Beijing, Shanghai, and Guangdong, allowing consumers to purchase 3C digital products with efficient delivery services [1][2] - The subsidy allows consumers to receive a 15% discount on product prices, with maximum subsidies of 1500 yuan for computers and 500 yuan for mobile phones, tablets, and wearable devices [1] - JD has invested nearly 30 billion yuan to support the national subsidy program in rural areas, promoting consumption growth in county regions [2] Group 1 - JD Seconds offers a wide range of products including computers, smartphones, tablets, and smart wearables from major brands like Apple, Xiaomi, Huawei, and Lenovo [1] - Consumers can further reduce costs by combining the national subsidy with platform coupons and interest-free installments through JD's financing options [1] - The service includes trained delivery personnel who provide on-site signing and activation assistance, enhancing the overall consumer experience [2] Group 2 - The national subsidy program aims to make high-quality products more accessible to consumers, leveraging JD's supply chain and instant retail network [2] - The initiative is part of the broader "Two New" policy implemented in 2024, with JD continuously investing resources to ensure effective subsidy distribution [2] - By 2026, JD plans to expand the reach of the subsidy program, further benefiting consumers across various regions [2]