Core Insights - The strong implementation of the trade-in policy has led to a 30.7% year-on-year increase in retail sales of household appliances and audio-visual equipment from January to July this year [1] - Smart home appliances have become a market highlight, with sales of smart stove and range hood sets soaring by 76.7% year-on-year, indicating significant growth potential in the trade-in market [1] Group 1: Market Trends - The trade-in policy has activated consumer demand for high-quality kitchen appliances, focusing on enhancing the cooking experience [3] - The core of kitchen upgrades lies in improving the performance of gas stoves and range hoods, which are essential for convenience, cleanliness, and overall user experience [3] Group 2: Product Innovations - Vatti has launched new products, including the JZT-8S60 gas stove and J6230ZS range hood, which cater to the market's trade-in demand [3][4] - The JZT-8S60 features a removable burner for easy cleaning, while the J6230ZS includes a one-button cleaning function and an AI air management system for real-time air purification [5][6] Group 3: Performance and Design - The JZT-8S60 gas stove is equipped with a stable flame system and precise fire control, suitable for various cooking needs [6] - The J6230ZS range hood boasts a powerful suction capacity of 31m³/min and a design that minimizes noise, enhancing the cooking environment [6] Group 4: Embedded Products - The embedded kitchen appliance segment is gaining momentum, with a projected 5.3% year-on-year growth in retail sales for embedded micro-steaming and baking products by mid-2025 [7] - Vatti's FA50P steam and bake integrated machine addresses common issues with traditional steam ovens, offering improved cooking efficiency and ease of cleaning [7] Group 5: Future Outlook - The ongoing trade-in policy is expected to continue releasing consumer potential in the kitchen appliance market [9] - Vatti's focus on product innovation and user-centered design positions the company to maintain a competitive edge and drive the kitchen appliance industry towards a more user-friendly and meaningful direction [9]