After experiencing continuous oscillatory adjustments, the NEV sector bottomed out and rebounded today. As of 9:47, the NEV ETF (515030) rose 2.67%. The constituent stock German Nano opened with an increase of more than 15%, and is currently up 12.02%.
According to the CITIC Securities Research Report, four ministries and commissions, including the Ministry of Finance, recently jointly issued a notice on improving the financial subsidy policy for the promotion and application of new energy vehicles. Among them, the NEV subsidy standard has declined by 30% from 2021, and the current technical indicators remain unchanged. The subsidy scale has been liberalized from the original estimate of the maximum subsidy scale of 2 million vehicles, and the relevant policies are in line with expectations. We continue to maintain our judgment on the high prosperity of the NEV industry in 2022. At this point, we continue to suggest seizing the high quality standards of the global electrification supply chain, especially the Tesla, Ningde era, LG Chemical supply chains, and the opportunities for vehicle quality standards.
