Market review this week
This week (1.23-1.29), the smart car index fell by 4.30%, slightly lower than CSI 300 (- 4.51%) and Kechuang 50 (- 4.74%). Among individual stocks, Ganfeng Lithium Co.Ltd(002460) , Contemporary Amperex Technology Co.Limited(300750) , Bethel Automotive Safety Systems Co.Ltd(603596) led the gains, rising 9.25%, 4.06% and 3.76% respectively this week.
Highlights of this week
Investment and financing process: 1) Luoke automobile, a new energy intelligent vehicle manufacturer, received a strategic investment of US $100 million; 2) Hong wharf, a wharf freight service merchant, was acquired by Zhuhai Port Co.Ltd(000507) ; 3) Auto financial service provider box auto obtains strategic investment; 4) Intelligent automobile manufacturer Jidu automobile completed round a financing of US $400 million; 5) The automobile refueling discount service platform can obtain strategic investment in the chain; 6) The second-hand auto parts supplier Youdi has completed a round B financing of hundreds of millions of yuan; 7) Jinhu automobile, a logistics automobile service provider in new energy city, completed the pre-A round of financing; 8) Qingtianzhi card, a self driving truck developer, completed millions of dollars of angel round financing; 9) Youyuan new energy, a developer of new energy vehicles, was acquired by Byd Company Limited(002594) ; 10) Tesco, a second-hand commercial vehicle trading platform, has obtained tens of millions of yuan of strategic investment; 11) Saiteng microelectronics, an automotive electronic equipment developer, completed tens of millions of yuan of round a financing; 12) Haiwei technology, an on-board intelligent equipment R & D firm, completed tens of millions of yuan of angel round financing; 13) Olaelectric, an Indian electric vehicle service provider, received a strategic investment of US $200 million; 14) Fermata, an American Internet of vehicles technology provider, received a strategic investment of US $40 million; 15) Pacport, a Japanese express delivery solution provider, completed round a financing; 16) UK global aviation service provider airpartner was acquired by wheelsup; 17) Cowboy, a Belgian developer of intelligent electric bicycle, received a strategic investment of US $79.6 million; 18) Zendar, an American autopilot radar manufacturer, received a strategic investment of US $4 million; 19) Loadshare, a logistics service provider for small and medium-sized enterprises in India, completed round C financing of US $50 million; 20) The Iraqi transportation and logistics service appbay completed a seed round financing of US $10.5 million.
News: 1) the great wall dual core era ended, and Wang Fengying resigned as vice chairman; 2) Tuhu has officially submitted its listing application in the Hong Kong Stock Exchange; 3) The fund raised was nearly 5 billion yuan, and the signing ceremony of round B financing of Chang’an new energy was a complete success; 4) Mass production in 2023: Volkswagen / Bosch cooperate to develop automatic driving; 5) LG energy, the largest IPO in South Korea’s history, opened up 99%..
Policies: 1) Wenzhou City, Zhejiang Province issued several policies and measures for Wenzhou City to support the development, promotion and application of new energy vehicle industry; 2) The national development and Reform Commission issued the “opinions on some special measures to relax market access for Shenzhen to build a leading demonstration zone of socialism with Chinese characteristics”.
Recent outlook
Recent major conferences: 1) 2022 China electric vehicle high voltage system international summit; 2) 2022 the 7th China automotive intelligent production lean logistics collaborative development theory.
Recently listed models: Volkswagen (imported) Touareg new energy, Jiangqi group sihaoyao.
Risk tips: smart car technology advances slowly, technology upgrade is less than expected, policy risks, etc.
