Some investors asked on the investor interaction platform: under what circumstances can the engine price rise?
Harbin Dongan Auto Engine Co.Ltd(600178) ( Harbin Dongan Auto Engine Co.Ltd(600178) . SH) said on the investor interaction platform on April 7 that in 2021, China’s automobile sales fell by nearly 10% compared with the peak in 2017, while the automobile production capacity was still improving in the same period. Due to surplus production capacity and intensified industry competition, it is expected that the price of the engine will be difficult to rise.
