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Leapmotor Announces New Joint Company Secretary
Lingpao Autos (09863.HK): Shen Ke was appointed as co-company secretary.
Zero Run Auto (09863.HK) announced on July 26th that Shen Ke has been appointed as the company's Co-Secretary from July 25th, 2024, and Li Meiyi will continue to serve as the company's other Co-Secretary.
Furui: BYD Company (01211), BluePark New Energy Technology Co. Ltd. (09863), Great Wall Motor Co. Ltd. (02333) and Geely Automobile Holdings Ltd. (00175) are the most benefited in the updated subsidies.
Furui predicts that with the updated subsidy (valid until December 31st), the performance of Mainland auto manufacturers in the fourth quarter will benefit from the early release of demand for 2025.
Cui Dongshu: In the first half of the year, imports of autos decreased by 4% year-on-year to 0.332 million units.
Cui Dongshu, Secretary-General of the China Association of Automobile Manufacturers, stated that the import volume of cars to China has continued to decrease at an average annual rate of about 8% since 2017, with only 0.8 million units expected to be imported by 2023.
Minsheng Securities: Autos sector demand is on the rise as the policy of trading in old vehicles for new ones is strengthened.
This policy further clarifies the funding channels and specific amounts, among which the central government has a high proportion and strong support, which is expected to greatly promote the replacement of old with new and stimulate upward demand.
China Securities Co., Ltd.: Electric car sales in June increased significantly compared to last month and the same period last year, with penetration rate continuing to reach a new high.
In June 2024, the sales of electric vehicles saw an increase in both year-on-year and month-on-month comparisons: the total domestic sales of new energy vehicles was 1.049 million units according to the China Association of Automobile Manufacturers, with a year-on-year and month-on-month growth of 30.1% and 9.8% respectively; the sales of new energy passenger vehicles, as measured by the China Passenger Car Association, were 0.982 million units with a year-on-year and month-on-month growth of 29.2% and 9.5% respectively, and a penetration rate of 45.3%, up by 1.6 percentage points month-on-month.
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TMW1986 : 6700? That’s a lot ?
Winner takes all : good number must short
102158192 OP TMW1986 : yes, mainly es6 and et5 model