On April 18, according to aggregated data from an authoritative website, in Q1 this year, China's household air conditioner retail market retail volume was 7.89 million units, up 65.2% year-on-year, and retail value was 25.8 billion yuan, up 87.8% year-on-year. By channel, the online market retail volume was 3.70 million units, up 47.4% year-on-year, and retail value was 10.8 billion yuan, up 78.2% year-on-year. The offline market retail volume was 4.19 million units, up 84.5% year-on-year, and retail value was 15 billion yuan, up 95.4% year-on-year.

After the new energy-efficiency standard began mandatory implementation in July last year, it drove the market to begin rapid conversion and inventory clearing; as of Q1 this year, the sales share of old energy-efficiency wall-mounted units had fallen below 20%, and that of cabinet units had fallen below 30%. New Grade 1 energy-efficiency products had good acceptance in both cabinet and wall-mounted units, with overall shares both exceeding 50%.

According to monitoring data from the website, for wall-mounted units, new Grade 1 energy-efficiency products accounted for 53% online and 55% offline. For cabinet units, new Grade 1 energy-efficiency products accounted for 54% online and 66% offline.