New energy vehicle stocks may increase valuation

Accompanied by the promulgation and implementation of the "Energy-saving and new-energy automotive industry planning", it will surely bring about a new round of investment boom in new energy vehicles and related parts and components, and the valuation of related auto and parts companies will increase.

The wholesale data of passenger vehicles in June increased by 12% year-on-year, better than market expectations. The bottoming out of the industry is expected to end. Recent media discussions on the introduction of incentive policies in the auto industry have a positive impact on the psychological aspects of investors. The current automobile industry is an important pillar industry for the national economy and local government revenue.

Concerned about the product's high gross profit margin and significant competitive advantage in China Dingxin; new energy automotive drive motors and high-efficiency smart motors will enable the company to maintain growth in the next few years, Ocean Motor; the country's largest independent auto parts supplier, involved in new energy vehicles Huayu Automotive of the motor business; After the early fall of the domestic auto glass industry leading Fuyao Glass, the current valuation is far lower than the average PE of the automotive and parts industries, the stock price is underestimated.



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