Big news of the week: smart cars: after the top 20 car companies announced in the United States last week that the automatic emergency braking system (AEB) will be standard for new cars by 2022, Toyota said this week that it plans to make the AEB standard for some models of Toyota and Lexus by the end of 2017. Toyota's standard AEB in advance speeds up the development of intelligent bikes and promotes the smart driving industry. Letv Super Automobile has reached strategic cooperation with Bosch, focusing on in-depth cooperation in advanced electric vehicles, self-driving, vehicle networking and other areas. By reaching strategic cooperation with Bosch, the two sides can make use of their respective advantages to form a joint force in cooperation and competition to jointly promote the intelligent process of the automotive industry.
New energy sourcesAutomobile: the NDRC issued the first license for the production qualification of pure electric passenger vehicles, and BAIC New Energy vehicles won the first place, which indicates that the domestic pure electric vehicle industry has officially entered the stage of large-scale industrialization, which is also in line with the national strategic plan for the development of pure electric vehicles. Automotive aftermarket: on March 23, 2016, the National Development and Reform Commission issued the Anti-monopoly Guide on the Automobile Industry (draft for soliciting opinions), which made relevant regulations on new car sales, spare parts production and circulation, and second-hand car trading. The policy will clarify the rights and responsibilities of new car sales, break down the circulation barriers of authentic accessories in the post-market, and reduce the cost of second-hand car transactions.
This week's market review: the auto sector rose 5.03% this week, the Shanghai and Shenzhen 300 rose 0.82%, and the auto sector outperformed.Large market4.21 percentage points. Of this total, total vehicles rose 1.77 percent, passenger vehicles 3.88 percent, commercial trucks 0.34 percent, commercial buses 0.33 percent, auto parts 6.25 percent, auto services 5.07 percent, and other transportation equipment 1.69 percent. The companies that have performed better in terms of individual stocks areJin Gu shares(+ 46.25%), Central Plains Internal allocation (+ 35.03%),Wan'an Science and Technology(+ 26.82%); the weaker companies are Valin Star Horse (- 12.03%),Shuanglin shares(-4.70%)等。
This week's investment advice: electrification, e-commerce, intelligence and sharing will be the main line of long-term investment in the automotive industry. This week, we will focus on smart cars and new energy vehicles.
[intelligent, sharing] Toyota said this week that it plans to make the AEB standard for some Toyota and Lexus models by the end of 2017, once again promote the intelligence of bicycles, speed up the progress of car intelligence, and be optimistic about the intelligent car industry chain. Shuanglin shares, Asia Pacific shares, Wanan Technology,Average victory electron, Top Group,Yunyi Electric, Weidi shares.
[electrification] New energy vehicles are gradually running out of advantages and entering the configuration stage. Main logic: the annual sales volume is expected to be more than 600000 vehicles, and the growth mainly comes from passenger cars (restrictions on the purchase of city license plates drive the accelerated release of potential demand); the gradual landing of fraud and the gradual introduction of land compensation are gradually exhausted; the valuation of the industry as a whole is already at an all-time low. It is suggested that we should focus on the downstream: BYD; battery industry chain: Junsheng Electronics,Dawning co., Dangsheng Technology; Motor Electric Control: Shuanglin Co., Ltd., Yunyi Electric,Oceanic electric machine等。
[traditional cars] estimates that sales in the auto industry will grow by 10% in 2016, and continues to recommend undervalued blue chips, SAIC,Changan Automobile。