The Zhitong Finance App learned that on August 1, automotive ETFs continued to strengthen due to news that the NEV purchase tax exemption policy will continue again. As of press release, the NEV ETF (515700.SH) (159824SZ) rose 3.7%, the smart electric vehicle ETF (516380.SH) rose 3.6%, and the NEV ETF () rose 3.5%. 515030.SH

According to the Wanlian Securities Research Report, domestic automobile production and sales are expected to rise markedly, spurred by purchase tax cuts and NEV consumption policies, domestic automobile production and sales are expected to rise markedly, and the domestic epidemic is being prevented and controlled. When the epidemic does not seriously get out of control, the impact of the epidemic on the manufacturing industry has clearly weakened, compounded by a decline in the prices of some raw materials. It is expected that profits in the automobile industry will improve in the second half of the year. Judging from the industry allocation situation, public funding agencies are relatively optimistic about high-quality vehicles and components for growth tracks, and their holdings have also broken through quarterly highs in the past 2 years. In the future, with the continuous rise of independent brands and the transformation and upgrading of electric intelligence technology, there is still plenty of room for growth in the industry. Therefore, it is recommended to deploy high-quality vehicles and high-quality parts companies on high-profile tracks such as lightweight, electrification, and intelligence.