crashlandinggame| Yongyi Shares: Overseas channel inventory is at a low level, and orders show a marginal improvement trend

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[Yongyi Sharescrashlandinggame: Overseas channel-side inventories are at a low level, orders show a marginal improvement trend] Securities Times e Company News, Yongyi Co., Ltd. said at a performance briefing on May 15 that overseas channel-side inventories are currently at a low level, and orders generally show a marginal improvement trend. (1) Congqucrashlandinggame...

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[Yongyi Shares: Overseas channel inventory is at a low level, orders show a marginal improvement trend] Securities Times e Company News, Yongyi Shares said at a performance briefing on May 15 that overseas channel inventory is currently at a low level, and orders generally show a marginal improvement trend. (1) Judging from the inventory logic of channel merchants, in the first half of last year, channel merchants were affected by pre-inventory, and procurement demand was suppressed. In the first half of this year, channel merchants were not dragged down by pre-inventory, and purchase orders increased year-on-year. The above logic has been verified from the overall export data of the company and the industry. (2) From the perspective of terminal demand logic, current data shows that there has been no marginal improvement in U.S. consumer demand for durable goods. This is not only affected by inflation and interest rate hikes, but may also be related to the uncertainty of future policies in the context of the U.S. election. However, some U.S. channel dealers are currently confident that demand will pick up in the fourth quarter and next year.