May 20, 2022 12:54 PM (GMT+8) · EqualOcean
Dongguan Securities pointed out that in the second half of the year, automobile production and sales are expected to meet the restorative growth, superimposed with the signs that the price of raw materials is now falling, and the fundamentals are expected to pick up. The block valuation is expected to be repaired and the configuration value will reappear. It is suggested to focus on the independent vehicle brands whose competitiveness is improving under the opportunity of industrial reform: BYD, SAIC Group, Great Wall Motor and Chang'an Automobile, as well as the high-quality parts suppliers who actively grasp the development trend of Automotive Electric Intelligence: top group, Wencan Co., Ltd., Bethel, Zhongding Co., Ltd., Desai Xiwei and Huayu automobile.

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