Stock Movement: Fujian Supertech Advanced Material Rises Nearly 5% as New Refrigerator Efficiency Standards Set for June Implementation; Company's VIP Business Leads Significantly

Stock News
Apr 13

Fujian Supertech Advanced Material Co., Ltd. (688398.SH) saw its intraday gains exceed 6%, closing up 4.51% at 27.35 yuan, with a turnover of 165 million yuan. The new national standard for household refrigerator energy consumption grades was released in May 2025 and is scheduled to take effect in June 2026. Northeast Securities pointed out that the 2025 edition will fully replace the 2015 standard, significantly raising requirements for comprehensive electricity consumption. The energy efficiency level 1 standard requires a reduction of approximately 40% in comprehensive electricity consumption, while also introducing new requirements for volume utilization efficiency. Referring to the impact of the 2015 standard implementation, it is expected that 2025 edition level 1 energy consumption refrigerators will also become mainstream. The brokerage noted that Supertech is one of the very few companies in the industry with the advantage of an integrated production chain, exerting deep control over main components and core production processes, enabling rapid response to market demands, along with leading product performance and cost control. Supertech's VIP business scale is significantly ahead of domestic and international peers, holding strong advantages in major global regional markets, and has established stable cooperative relationships with well-known companies such as Samsung, LG, Haier, and Midea. The outlook is positive for the subsequent increase in VIP penetration rate within China's refrigerator consumer market, driven by strong industry catalysts.

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