Jinwu Financial News | Ideal Auto (02015) fluctuated and strengthened. As of press release, it rose 4.31% to HK$82.3, with a turnover of HK$0.737 billion.

According to the news, Ideal Auto was announced, and over 0.1 million vehicles were delivered in the 5 months of the Ideal L6 launch.

Furthermore, Tianfeng Securities believes that concerns about subsequent consumption momentum at the transaction level caused a sharp decline after the financial report. In fact, automobile consumption showed a slight recovery trend driven by the July trade-in policy. Since then, it is not easy to judge the continuity of market demand, but the company's 3-4Q fundamentals are expected to gradually improve. Furthermore, with the accelerated introduction of subsidies and preferential policies in various regions, it is expected to increase overall demand-side momentum. The bank expects that automobile gross margin is expected to be further released, and judging that ideal is expected to release gross profit and net profit elasticity in the second half of the year.