In May, the sales volume of the air conditioner industry narrowed

Citic Securities recently released a report on the home appliance industry, saying that the decline in sales volume in the air-conditioning industry in May narrowed, mainly due to the recovery in exports. The domestic sales boom remained low, but the commercial housing transactions, the construction of affordable housing, consumer confidence and policy stimulus factors that will drive up the industry's recovery in the second half of the year will tend to be positive and maintain the “outperform” rating of the air-conditioning industry. The products are highly competitive. Gree Electric Appliances and Qingdao Haier, with steady growth in performance, are concerned about low-inventory, low-valued US appliances.

The report pointed out that in May 2012, the domestic air-conditioning industry sold 12.19 million units, a year-on-year decrease of 4.1%. In May, the output of home air-conditioning industry was 11.53 million units, a year-on-year decrease of 7.5%, and the decline rate was slightly expanded, facing the pressure of the industry's low boom degree. Air-conditioning production companies are cautious. Low domestic sales continued to boom, and domestic inventory ratio was at historically low levels. North American demand has boosted exports, and Europe may be stable.