Hot selling! This kind of product has become a hot commodity, customers have added orders!

Hot selling! This kind of product has become a hot commodity, customers have added orders!

Europe is crazy for making in China!?After homemade electric blankets, turtlenecks next?

Turtleneck sweaters, taken off by young Chinese, have become the new fashion in France this winter.

It was none other than French leaders who started the turtleneck craze on social media.?The leaders, who have been lambasting America's economic hegemony for days, have taken to preaching "turtlenecks against the cold".

Foreign media have noticed that French President Emmanuel Macron's recent video address in a turtleneck, a change from his usual style of dress, has caused heated debate.?What's more interesting is that French Economy Minister Bruno Le Maire, who said on French radio that he would wear a sweater instead of a suit and tie, posted a photo on his Twitter account of him wearing a turtleneck while working in his office.

01 Monthly searches for turtlenecks increased 13?times

To survive the energy crisis, many Europeans, accustomed to heating, have had to start buying more warmth.?The trend has sparked a recent surge in sales of Chinese-made electric heating products in Europe, with turtleneck sweaters becoming a hot item thanks to Macron.

Xiamen giant choose import and export co., LTD., Mr Luo said, the head of the European energy crisis, the European market sales data comparison, with thick jacket and turtleneck sweater orders increased rapidly, and Europe sales flat, B side (enterprise) order reflux increased, C end (individual users and consumers) warm the product sales trend.

Since the European energy crisis, the company has seen strong sales in Europe. Orders for jackets and turtlenecks have increased rapidly, with searches for men's fall turtlenecks up 13-fold in the last 30 days alone.

However, Mr Rasson reckons the sales boom may soon abate, "given that the winter is only two to three months old and some European countries are already preparing to respond to the crisis".

02 Rainbow Group stock price rose by the daily limit 8 times in 12 days

The popularity of Chinese products in Europe is evident in the market capitalization of some companies.

On the evening of October 13, Rainbow Group issued a notice on the reply to the letter of Concern of Shenzhen Stock Exchange, saying that the company won export orders for some products in 2022, but the quantity is low and the amount is low in general.?By the end of June, household flexible heating products, such as electric blankets, had earned 210,000 yuan from overseas sales.

At present, the amount of orders in hand is about 1.33 million yuan, accounting for 0.13% of the company's total operating revenue last year.

Wind data show that from September 1 to now, the stock price of Rainbow Group rose 132.76%, nearly 12 consecutive trading days, is to achieve 8 daily limit.

With the stock price rising, the market value of Rainbow Group (total market value 1 valuation index, the same below) also climbed from 1.884 billion yuan in early September to 4.423 billion yuan, a jump of 2.539 billion yuan in just over a month.

By the close of trading on Oct 13, Caihong Group was up by the daily limit of 41.49 yuan per share, the highest price since its listing.

Rainbow Group said earlier that some of its models of electric blankets have been certified by Europe, since May, it has obtained a lot of electric blankets orders, although the number of single orders is low, but the company pays attention to, overcome the difficulties of delivery, the current European energy crisis, electric blankets as energy saving and environmental protection products will have a certain opportunity.

03 The solar?industry chain continues to improve

In addition, the photovoltaic industry is expected to continue high prosperity.?Benefiting from the industry investment growth, photovoltaic technology iteration and overseas demand growth, the overall development of the industry is in a good direction.

Tongwei shares disclosed the performance increase announcement shows that in the first three quarters of 2022, the company is expected to realize the net profit attributable to listed company shareholders of 21.4 billion yuan to 21.8 billion yuan, a year-on-year increase of 259.98% to 266.71%.?In addition, TCL Zhonghuan, Jingsheng Electromechanical, Ejing Optoelectronics and other photovoltaic companies in the third quarter have also been pre-happy.

And the number of European households choosing to install photovoltaic panels in their homes has soared as higher energy prices and European aid have boosted autonomous consumption.

In Spain, for example, samara energy manager maria alcatel-lucent antiquorum rojas, points out that Spain's energy industry is currently in a "very special moment", because the background of the current incentive Spain - until recently in the field of photovoltaic installations use is relatively backward, is gradually catch up with the other deployment of more advanced European countries.

According to data available to Alangulen Rojas, single-family homes are the building with the most photovoltaic panels, above apartment buildings or companies.

One of the customers, who opted for self-use PV, said the "trigger" for the decision was "last year's energy price increase," which, according to his calculations, "saved the equivalent of 60 percent of the bill."

04 Exports of domestic electric heaters have also increased this year, with most going to Italy, Belgium, the Netherlands, Spain and Germany, according to the China Household Appliances Association.

Before the winter is over, ordinary households in Europe want to save every penny they can for their high heating bills.?As former British Prime Minister Boris Johnson urged, "Buy a kettle and save 10 pounds a year on your electricity bill."

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