Huayou Cobalt Industry rose by the daily limit, while the new energy vehicle ETF (159806) rose by more than 3%.

The energy metal plate opened higher, Huayou Cobalt rose by the daily limit, and the new energy vehicle ETF (159806) rose by more than 3%. In the news, on the evening of January 11, Huayou Cobalt Industry announced that it expected to achieve a net profit of 3.7 billion yuan to 4.2 billion yuan in 2021, a year-on-year increase of 217.64% 260.56%. According to data from the Federation of passengers, in December 2021, new energy passenger vehicles retail 475000, 128.8% year on year, and 2.989 million new energy passenger vehicles retail for the whole year, 169.1% last year, of which BEV sold 2.444 million, 168.6% of which were sold 545000, 171.2% of which were compared with the same period last year. In December 2021, the penetration rate of new energy vehicles is 22.6%, and the annual permeability is 14.8%. New energy vehicle sales began a new round of high growth in 2021, doubling year-on-year sales. The Federation predicts that domestic new energy passenger vehicle sales are expected to reach 5.5 million in 2022, an increase of more than 80 per cent year-on-year and a penetration rate of about 25 per cent. CITIC believes that the upper limit on the scale of subsidies is released to enhance the prosperity of the industry, and the upward trend of the industry is clear. The technical requirements of the products remain unchanged, and with the improvement of battery technology, the scale of new energy vehicles is expected to continue to improve. The current time point continues to suggest that we should grasp the high-quality target of the global electrified supply chain.