Gelonghui, May 22丨Oupai Home (603833.SH) said on an interactive platform that the demand for renovation of existing homes is growing, but the consumer pain points of such demand are also prominent. The company found that the demand for kitchen and bathroom space stock renovation is the most prominent, and is also more easily accepted by consumers. For this reason, the company leverages the advantages of Oupai manufacturing, integrates supply chain resources, and fully applies the 1+1+X model of old community stores to lay out community renovation projects in depth. At the same time, under the Big Home Strategy, we will join and integrate hardware cooperation resources to provide customers with convenient, efficient, and fast renovation services, use the existing kitchen and bathroom space renovation business as a breakthrough entry point, obtain and transform the demand flow of existing housing renovation, and gradually expand the stock demand market.