In April, sales of 4,590 vehicles in the domestic NEV heavy truck market increased by 102%
On May 15, according to the latest data obtained by the First Commercial Vehicle Network, in April 2024, the domestic NEV heavy truck market sold a total of 4,590 vehicles (note: the data in this article is the actual sales volume of Jiaotong Insurance, excluding exports and military vehicles, same below), down 13% from March, and continued to grow year-on-year, reaching 102%. This is the 15th month in a row that the NEV heavy truck market has continued to grow.
Shenwan Hongyuan Auto's 23-Year & 24Q1 Summary: Structural Growth Continues to Go Overseas as a Major Profit Pool
Vehicle production and sales volume continued to grow in 2024Q1, with a year-on-year production/sales ratio of +6.3%/+10.5%. Among them, the share of new energy sources increased to 31.1% in 24Q1, driving an increase in ASP for new vehicles and a new high market share of Chinese brands, helping the industry achieve revenue growth.
Chinese Commercial Vehicle Sales Rise 8% in January-April Period
Commercial vehicle sales in China jumped 8.1% to 1.4 million units in the January-April period, Xinhua News Agency reported Saturday, citing the China Association of Automobile Manufacturers. Domestic
Orient Securities: The profit side of the industry recovered clearly year on year, and leading NEV companies are expected to continue to expand their market share
The profit side of the automobile industry recovered significantly year-on-year in the first quarter of 2024; the profitability performance of automakers was divided, commercial vehicles improved overall, and the profitability of parts companies increased year-on-year.
JAC Motors' April Production, Sales Fall
Anhui Jianghuai Automobile Group (SHA:600418) or JAC Motors' production slid 4.1% to 37,270 units in April from 38,860 units in the year-ago period, while sales fell 13% to 31,896 units from 36,643 un
JAC April 2024 Production and Sales Report
JAC (600418.SH): Total sales volume in April was 31,896 vehicles, down 12.95% year on year
Gelonghui, May 8, 丨 JAC (600418.SH) announced the April production and sales report. Total sales volume was 31,896 vehicles, down 12.95% year on year.
Statutory Earnings May Not Be The Best Way To Understand Anhui Jianghuai Automobile GroupLtd's (SHSE:600418) True Position
We didn't see Anhui Jianghuai Automobile Group Corp.,Ltd.'s (SHSE:600418) stock surge when it reported robust earnings recently. We think that investors might be worried about the foundations the ear
Is Anhui Jianghuai Automobile Group Corp.,Ltd. (SHSE:600418) Expensive For A Reason? A Look At Its Intrinsic Value
Key Insights Using the 2 Stage Free Cash Flow to Equity, Anhui Jianghuai Automobile GroupLtd fair value estimate is CN¥12.14 Anhui Jianghuai Automobile GroupLtd is estimated to be 32% overvalued bas
JAC (600418.SH): Sales of 2,860 new energy passenger vehicles increased 106.35% year-on-year in March
JAC (600418.SH) issued an announcement. The company sold a total of 37,871 vehicles in March, a year-on-year decrease of 19...
Asia Pacific Co., Ltd. (002284.SZ): Currently not providing related products to JAC
Gelonghui, April 3 | Asia Pacific Co., Ltd. (002284.SZ) said on the investor interactive platform that the company provides relevant braking system products and automotive electronics products to BAIC, and the company is currently not providing related products to JAC.
JAC (600418.SH): Received 177 million yuan in government subsidies
Gelonghui, March 29, 丨 JAC (600418.SH) announced that as of March 28, 2024, the company and its subsidiaries had received a total of RMB 176,786,778.28 in revenue-related government subsidies (excluding government subsidies previously disclosed by the company).
Is Anhui Jianghuai Automobile GroupLtd (SHSE:600418) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' So it seems the smart money knows that debt - which is usu
Oriental Securities: A separate assessment of the NEV business promotes value reshaping, and the profitability of central and state-owned enterprises is expected to further improve
It is recommended to focus on listed automobile central state-owned enterprises with strong competitiveness in the segment.
Shengbang Co., Ltd. (301233.SZ): Dongfeng Motor and JAC are both company customers
Gelonghui March 19 丨 Some investors asked Shengbang Co., Ltd. (301233.SZ) on the investor interactive platform, “Are Dongfeng Motor and JAC our customers?” The company replied that both Dongfeng Motor and JAC are the company's customers.
Chuanhuan Technology (300547.SZ): It has maintained a stable partnership with JAC for many years and has fully participated in the development of various pipeline systems related to JAC's new energy vehicles
Gelonghui, March 18, 丨 Chuanhuan Technology (300547.SZ) said on the investor interactive platform that the company and JAC have maintained a stable partnership for many years and have fully participated in the development of various JAC NEV related piping systems. Currently, it has obtained a target for a JAC NEV thermal management piping system project, and is actively connecting and exchanging technology with piping system projects for other models. We have full confidence in the future market space for JAC NEVs.
Fangzheng Securities: High-end autonomous driving penetration rate, Fangxing, Huawei leads the smart driving industry
Huawei's smart driving function opens up NCA in unmapped cities across the country, leading the smart driving capability industry. It is expected to drive a rapid increase in the penetration rate of advanced autonomous driving after models are launched.
Passenger Federation: Sales of 33,000 vehicles in the national pickup market fell 22.3% year-on-year in February, down 24.5% month-on-month
Due to the long production and sales period for pickups after the Spring Festival in February last year, and there is a lot of pressure from a high base, it is normal for pickup truck growth to decline this year.
Hengli Industrial (000622.SZ): There are currently no cooperation projects with BAIC and JAC
Gelonghui March 14 | Hengli Industrial (000622.SZ) said on the investor interactive platform that the company currently has no cooperation projects with BAIC or JAC.
JAC Motors, Volkswagen to Boost JV's Registered Capital by 6.5 Billion Yuan
Anhui Jianghuai Automobile Group (SHA:600418) or JAC Motors and Volkswagen Group plan to jointly raise the capital of their joint venture by 6.5 billion yuan, according to a filing with the Shanghai S
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