What Do You Think Of Auto Parts Enterprises Going Abroad?

What do you think of auto parts enterprises going abroad?

It is understood that on July 30, Fortune magazine released the list of China's top 500 in 2020, including 23 automobile and parts enterprises, one more than that in 2019. Among them, there are 18 automobile manufacturers and 5 parts manufacturers. The total operating revenue of these 23 enterprises reached 50.5 trillion yuan, an increase of 11% over last year; The net profit reached 4.2 trillion yuan, an increase of 16% over last year.

Specifically, among the enterprises related to the automobile industry, the top three are SAIC Group, BAIC motor and Weichai Power. However, in addition to SAIC, other automobile manufacturers on the list, such as BYD, great wall, Geely and GAC, have declined compared with 2019. Only three enterprises rose in the ranking: BAIC motor, Ningde times and BAIC Blue Valley, rising 4 places, 64 places and 108 places respectively. The newcomer in the top 500 is Ningbo Jifeng Auto Parts Co., Ltd., ranking 494. After listing on the gem, the company obtained a large number of financing opportunities and continued to invest in R & D, forming a virtuous circle.

In terms of profits, only six enterprises such as Weichai Power, JAC, BAIC Futian, Ningde times, Jiangling Automobile and Xiamen Jinlong increased their profits, while the profits of other enterprises decreased.

China will fully implement the national six emission standards in batches from 2019 to 2023. The main engine plant needs to upgrade the engine body and post-treatment to drive the upgrading of the industrial chain. Front end processing is mainly engine power technology. How to realize efficient energy conversion, including engine management system, EGR and cooling fan; Post treatment is mainly for oxidation-reduction treatment of tail gas, including SCR, DPF, Doc + POC, ASC, etc. In this paper, the market of commercial vehicles and some light gasoline vehicles (non passenger vehicles) are mainly considered. The main reason is that some domestic parts enterprises have occupied a high market share in the field of commercial vehicles and can fully benefit from the market increment brought by emission upgrading.

In the parts industry, on the one hand, the parts market has experienced a golden period of double-digit growth in the past decade; On the other hand, the individual performance of enterprises is polarized, and the market and financial performance of emerging parts suppliers are better than traditional suppliers. For the national six times, it is undoubtedly a challenge and difficulty for the automobile industry to upgrade, but adversity gives the true meaning, so as to better long-term survival and development. This year is a changeable year, and many partners fall when walking. Driven by policies, technology and other factors, China's automobile industry is undergoing a stage of transformation. At present, auto parts from all over the world have China's participation and support. The epidemic is not over. Under the premise of foreign political and economic instability, in a short time, the operation of the domestic economic system tends to be stable, which is still worthy of the presence of some parts enterprises. In my humble opinion, in fact, under the normal environment, Export parts is a regular and stable channel for enterprises, which not only expands the popularity of enterprises, but also extends the sales chain of enterprises. It has no imagined difficulties, but it is not easy to obtain. The benefits can be beneficial and avoid risks. Under the change of a certain environment, it can transfer risks and preserve itself, The bad thing is that different ideas and politics of various countries interfere with the situation of the economy. It is easy to be affected by the trade dispute in the general environment. Whether it is a cloud or a collapse, we should make our own plans according to the characteristics of the enterprise, just like the players in the real estate market and the stock market flow with each other, not blindly following the tide.

In the future, with the gradual recognition of new energy vehicles by the market and the mutual integration and coordination of new technologies, the market is expected to usher in a new growth period. With the improvement of national and local environmental protection policies year by year, the parts industry, especially traditional parts, is challenged by environmental protection compliance and bear the increasing environmental protection cost year by year in terms of green procurement, cleaner production, pollutant emission and treatment.