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Bubble Finance learned that on April 30, the A-share home appliance sector was active, and Hongchang Technology (301008)Hargareelpennslammer3.SZ) closed up 4.Hargareelpennslammer3.34%.

In terms of news, recently, the relevant departments jointly issued the "Action Plan to promote the Trade-in of Consumer goods", organizing the nationwide trade-in of consumer goods such as cars, home appliances and household furnishings, kitchens and bathrooms. Oriental Securities expects that this round of subsidies is expected to pry up to 270 billion yuan.Hargareelpennslammer3Home appliance market.

Guolian Securities pointed out that in the first quarter of 2024, the number of home appliance exports / people's currency / US dollar increased by 24% 16% and 12% respectively compared with the same period last year, which continued to be better than the historical growth range of the middle digits. In addition, the current white power export scheduling is still a good growth, most export enterprises feedback orders are also relatively optimistic; overall, the follow-up home appliance industry exports are expected to continue to exceed expectations.

Hongchang Technology is engaged in the R & D, production and sales of fluid solenoid valves, sensors and other electrical accessories.

In the first quarter of this year, the company achieved a total operating income of 219 million yuan, an increase of 48.01% over the same period last year, and a net profit of 16.1339 million yuan, an increase of 67.94% over the same period last year.

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