Zhitong Financial APP learned that on June 28th, affected by the news that the Ministry of Industry and Information Technology was promoting the improvement of automotive chip supply capacity, A-share automotive chip concept stocks rose. As of press time, Crystal Fang Technology (603005.SH) straight-line sealing board, National Core Technology (688262.SH) rose more than 11%. Shares such as Shanghai 600171.SH, 688173.SH, 301099.SZ, 600745.SH, 300458.SZ, 688325.SH, 300046.SZ and 003026.SZ rose higher.

Yang Xudong, deputy director of the Electronic Information Department of the Ministry of Industry and Information Technology, said: policy support should be strengthened to enhance the supply capacity of automotive chips. As the two important pillar industries of China's economic development, the electronic information manufacturing industry and the automobile manufacturing industry are developing rapidly, and the supply chain plays a great role in driving the radiation, among which the fulcrum is the automobile chip. Because of the historical cyclical market demand, the shortage of integrated circuit supply worldwide, and the disturbance of regional epidemic situation at home and abroad, maintaining a stable supply of chips has been the focus of automotive supply chain enterprises in the past two years.