Market review this week
This week (2.27-3.5), the smart car index fell 8.39%, higher than CSI 300 (- 1.68%) and Kechuang 50 (- 3.05%). Among individual stocks, Guangdong Ellington Electronics Technology Co.Ltd(603328) , Nanjing Hanrui Cobalt Co.Ltd(300618) , Quectel Wireless Solutions Co.Ltd(603236) fell slightly, falling by 1.38%, 2.08% and 2.55% respectively this week.
Highlights of this week
Investment and financing process: 1) Liufen technology, a high-precision positioning service provider, completed a round B financing of 620 million yuan; 2) Core titanium technology, an automotive electronic chip and overall information security service provider, completed round B financing; 3) Hanhai testing, a third-party testing technology service provider, has obtained strategic investment; 4) Nebula interconnection, a supplier of products and technical services in the field of intelligent connected vehicles and intelligent transportation, completed a round B financing of 200 million yuan; 5) Comprehensive logistics supplier Deppon Logistics Co.Ltd(603056) was acquired by jd.com; 6) Jumeng, a large ticket and less than carload network operation service provider, completed the round B + financing of US $100 million; 7) The auto refueling service provider Yi refueling completed the round B financing of RMB 250 million; 8) Zhida technology, a developer of intelligent charging products for new energy vehicles, obtained strategic investment; 9) Wheeler intelligent, a software and hardware developer of automatic driving, completed the pre-A round of financing; 10) Gelubo technology, a supplier of automotive intelligent driving system, completed 200 million yuan of B + round financing; 11) Ournextenergy, an American power battery manufacturer, completed round B financing of US $65 million; 12) Fliway group, a New Zealand logistics provider, was acquired by New Zealand Post..
News: 1) BMW Brilliance announced the new appointment of the management; 2) Weilai automobile will be listed in Hong Kong for the second time; 3) The United States and Europe impose sanctions on Russia, and GM and Volkswagen suspend their business in Russia; 4) Chery establishes “Bell laboratory”; 5) Geely Li Shufu: it is suggested to comprehensively promote the application of methanol vehicles; 6) Weilai finance leasing issued the country’s first green new energy vehicle rental asset ABN.
Policy: 1) Jiangsu Province issued the first provincial new energy vehicle charging (replacement) operation management measures; 2) The Ministry of industry and information technology publicizes the review of the advance allocation of subsidies for new energy vehicles in 20192021.
Recent outlook
Recent major conferences: 1) the 7th China automotive intelligent production lean logistics Collaborative Development Forum in 2022; 2) The3rdautocs2022 intelligent vehicle information security conference; 3) The second new energy battery and key core materials frontier technology and intelligent manufacturing Summit Forum; 4) 2022 China International Intelligent Transportation Industry Conference.
Recently listed models: Starter X6, Great Wall Motor Company Limited(601633) Mocha dht-phev, etc.
Risk tips: smart car technology advances slowly, technology upgrade is less than expected, policy risks, information and data are not updated in time, etc.
