Gelonghui November 13th │ Arrow brand home (001322.SZ) stated at the investor relations event that currently, many local governments have successively introduced subsidy implementation plans for trading in old for new, which has promoted consumer spending on home furnishings. From the current situation, online platforms, due to the relative convenience of participating in subsidy policies, have more quickly reflected the growth in demand for new consumption. Offline store consumer demand will also be driven by policies, but there is a certain period required for the transmission of sales from dealers to the company. Based on the current online sales situation, the implementation of policies will have a positive impact on improving product sales structure and increasing the penetration rate of smart toilets.