The heat wave hits the air conditioning "heating up" industry growth space is expected.

Xinhua News Agency, June 10, according to meteorological information released by the Central Meteorological Observatory, red warning messages for high temperatures have been issued frequently in some areas of Henan Province and Xinjiang recently. With the heat wave, the market of white goods such as air conditioners is heating up. Temperature changes have a significant impact on air conditioning sales, and high temperature weather will increase consumers' willingness to buy air conditioners. Guosheng Securities research report that the decline in raw material prices this year, the profitability of the air conditioning industry chain is expected to repair. With the weak recovery of real estate in 2023, white goods such as air conditioners are expected to continue to benefit. (Securities Daily)