Ansenmey’s global distribution center in Shanghai resumed work Zotye Automobile Co.Ltd(000980) denied that the Changsha factory produced Byd Company Limited(002594) cars

ansenmey’s global distribution center in Shanghai resumed work

Recently, it was reported that affected by the epidemic, semiconductor giant Ansenmei will move out. Ansenmei denied the rumor, saying it was only temporarily closed, not relocated. Ansenmei has applied to the Shanghai Municipal Commission of economy and information technology for resumption of work, and the application has also been approved. Ansenmei is on the “white list” of the second batch of key enterprises to resume work and production in Shanghai. On April 25, ansenmey’s global distribution center in Shanghai has gradually resumed operation, and began to carry out goods import and export business on April 26.

a financial review: ansenmey is a leading semiconductor manufacturer headquartered in Phoenix, Arizona, focusing on automotive and industrial end markets, including automotive function electronization and safety, sustainable energy network, etc. Shanghai logistics center is one of ansenmey’s global distribution centers. At present, all products packaged by ansenmey’s factories in China are transported to the global distribution center in Shanghai, and then the logistics transfer station packages the products and sends them to customers all over the world. The Chinese market is one of the most important markets of ansenmey in the world. With the resumption of work and production, ansenmey’s business will gradually return to normal.

Zotye Automobile Co.Ltd(000980) deny that Changsha factory produces Byd Company Limited(002594) cars

As for the fact that Zhongtai’s Changsha factory is producing cars for Byd Company Limited(002594) on the investor interaction platform, Zotye Automobile Co.Ltd(000980) said that the news that Zhongtai’s Changsha factory is producing Byd Company Limited(002594) cars is not true.

Yicai comments: Zhongtai automobile had a production base in Changsha before. However, in December last year, Zhongtai new energy, a subsidiary of Zhongtai automobile, was applied for bankruptcy liquidation. Subsequently, the restructuring of Tieniu Group Co., Ltd., the controlling shareholder of Zhongtai, failed and declared bankruptcy. At present, the main income and profit of Zhongtai automobile comes from auto parts and door industry. After the reorganization, it will continue to develop the whole vehicle industry, and the time is uncertain. Byd Company Limited(002594) also has factories in Changsha to produce DM-I models. At present, Byd Company Limited(002594) sales are rising, and DM-I models are in short supply. At present, the overall overcapacity of automobile factories, and some leading automobile enterprises have also merged the production capacity of some factories.

BMW German factory will officially stop production this week

According to foreign media reports, on April 25, a BMW spokesman said that BMW Regensburg’s factory would stop production this week, mainly due to the supply problem of chips and wires from Ukraine. The factory produces BMW 1-series, 3-Series cars and electric vehicles, and the shutdown time is tentatively determined as one week.

a financial review: the conflict between Russia and Ukraine not only stopped some automobile enterprises from doing automobile business in Russia, but also had a certain impact on the automobile industry chain and affected the production of automobile enterprises in the global market. At present, the problem of chip shortage still exists, and the automobile supply is facing challenges. In addition, the price of automobile raw materials has risen, which is also the beginning of price adjustment for some fuel vehicles. Due to supply problems, the production and sales volume of auto enterprises may decline in the near future.

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