According to the Tianfeng Securities Research Report, with policy incentives and product cycle resonance, the consumer electronics industry chain has ushered in development opportunities. Jiangsu Province introduced a 3C product subsidy policy, and Guizhou expanded the scope of trade-in support to promote the release of consumer electronics demand. Apple's new product cycle is about to begin, and innovations such as iOS 18.2 will catalyze the improvement of the AI experience. Investment proposals focus on companies related to the Apple and Android industry chains, including Lixun Precision, Lansi Technology, and BYD Electronics, while consumer electronics brands include Communication Holdings and Xiaomi Group. The outlook for the consumer electronics industry is promising, driven by policy and innovation.