Jun 27, 2022 08:19 AM (GMT+8) · EqualOcean
CSC pointed out that the upward momentum of the current automobile market has changed from the expected repair in the early stage to the upward elasticity driven by prosperity. It is suggested to actively increase the allocation and look forward to the automobile recovery market under the continuous improvement of sales and profits in the second half of the year: 1) the focus of the whole vehicle is on the upward elasticity of sales and profits driven by the policy of low inventory + steady growth; 2) The auto parts sector focuses on three main lines: profit restoration (marginal improvement at the cost side), demand elasticity (driven by stable growth policies) and growth trend (Electric Intelligence).