The real estate sector has a relatively large relationship with the cabinet industry. The impact of real estate regulation and control will appear intensively in the second half of the year, with an impact on customer demand. However, the consumer's consumer mindset and consumer behavior are not static. Consumers pay more attention to the use value brought by products in terms of consumer mindset. From various aspects such as environmental protection and style, there is more and more rational demand, especially in Beijing and Shanghai. This trend is more obvious in the first-tier cities represented by Guangzhou.
In the current second- and third-tier cities, different regions have different characteristics of consumers. The impact of the New Deal policy on real estate has slowly spread to large cities as the core, and there is still some time to reach the second and third lines. The concept of consumption is related to the overall situation of the city. For example, the consumption in small cities will be more extensive and not particularly rational. But this trend is already developing.
In response to some new market performances this year, adjustments and improvements in the cabinet industry should be reflected in the breakdown of products. Some areas that were previously ignored were taken out for upgrades, and the products became more and more detailed. In the cabinet industry, more and more patented products are constantly being introduced, and product development capabilities have also improved. Since August, the effect of the New Deal regulation of real estate has been clearly felt. Industry insiders believe that consumer behavior will become more rational in the second half of the year, and product development will be more detailed.
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