Market review this week
This week (5.15-5.21), the smart car index rose 4.84%, higher than CSI 300 (+ 2.23%) and Kechuang 50 (+ 3.42%). Among individual stocks, Ganfeng Lithium Co.Ltd(002460) , Eve Energy Co.Ltd(300014) and Streamax Technology Co.Ltd(002970) led the gains, rising 11.6%, 8.7% and 7.7% respectively this week.
Highlights of this week
Investment and financing process: 1) Weihai port, a trade port with South Korea, was acquired by Qingdao Port International Co.Ltd(601298) M & A; 2) South China City, a comprehensive commercial logistics enterprise, received a strategic investment of RMB 1.639 billion; 3) Kaisi auto parts completed round D financing on the B2B trading platform of auto parts; 4) Jianzhi Siasun Robot&Automation Co.Ltd(300024) completed round a financing of USD 30 million; 5) Shichang Co., Ltd., an R & D and manufacturer of auto parts, is listed; 6) Krypton, an intelligent chassis system by wire solution provider, completed 200 million yuan of a + round financing; 7) Krypton technology, the solution provider of intelligent chassis system by wire, completed the a + round of financing; 8) Iridium molybdenum intelligent, a giant intelligent mining wide body truck developer, completed Angel round financing; 9) Mga Nantong laboratory, an auto parts testing service provider, was acquired by Centre Testing International Group Co.Ltd(300012) M & A; 10) Jingkang logistics, a digital logistics technology service provider, completed the angel round of financing; 11) Optibus, the developer of public transport intelligent optimization system, completed round D financing of US $100 million; 12) Saverone, an Israeli driving safety solution provider, is listed.
News: 1) Starway cart gauge image sensor; 2) SAIC GM Wuling’s first independent EPS controller went offline; 3) Cadillac officially announced its first pure electric vehicle lyriq; 4) Lvchi’s business license was revoked and once said to build a pure electric super run; 5) Volkswagen and Mahinda signed a cooperation agreement.
Policy: 1) Jiaxing Port Area Development and Construction Management Committee and Jiaxing Comprehensive Bonded Zone Management Committee jointly issued the supporting policy for the development of hydrogen energy industry in Jiaxing Port Area; 2) Dongguan development and Reform Bureau issued the “14th five year plan” for automobile energy infrastructure in Dongguan.
Recent outlook
Recent major conferences: 1) 2022 smart Logistics Conference of automobile industry; 2) 2022 China International Intelligent Transportation Industry Conference.
Recently listed models: Chery new energy unbounded pro, Chery Automobile Ruihu 8pro, FAW Volkswagen Audi q4e Tron, Jimai new energy Lingbao uni, 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.
