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In the context of the booming production and sales of new energy vehicles, since August, listed companies in the industry chain have successively released news related to investment and production expansion.

In order to get closer to customers and their TierOne manufacturers and shorten the transportation radius of large products, New Energy plans to set up a wholly-owned subsidiary in Qiandeng Town, Kunshan City, Jiangsu Province to engage in the research and development, production and sales of parts and components in the fields of new energy vehicles. The total investment is 1.3 billion yuan.

According to reports, "The company is firmly optimistic about the development prospects of the new energy vehicle field. This investment will form a good synergy with the company's main business. The establishment of a wholly-owned subsidiary will make full use of the comprehensive advantages of geographical location and venue. Responding to customer needs faster and improving customer service capabilities will help the company to better promote its new energy development strategy."

According to Wind statistics, since August, more than 30 listed companies, including Dongshan Precision, Huayang Group, Top Group, Shangsheng Electronics, Ruida, Gongjin, and Mingke Precision Technology, have announced investment and production expansion. Energy auto parts business.

The steady development of the global auto industry has driven the rapid development of the auto parts industry. According to the China Research Institute of Industry Research, the scale of China's auto parts market will maintain a steady growth trend from 2021 to 2025, and the market size will reach 6.79 trillion yuan in 2025.

Chinese local companies said, "At present, there is still a lot of market space for consumer demand for automobiles in the global market, especially the Chinese market. As the sales of new energy vehicles continue to boom this year, it will drive the increase in the auto parts market. In the future, automobiles The parts industry will present five major development trends—intelligence, digitization, electrification, globalization and post-market standardization.”

The field of auto parts is promising, but it is also accompanied by many challenges. For example, how do companies break through the bottleneck of core technologies, traditional methods of reducing costs and increasing efficiency have little effect, supply chains are facing uncertainty, and global business management capabilities are insufficient.

Parts and components companies should cooperate with regional automakers from manufacturing collaboration to ecological alliance, undertake their related spare parts business, improve the quality of related products, and provide solutions to regional automakers through technology research and development, so as to achieve a strategy Cooperation; focus on the regional market, increase the market share of products, and radiate the national and even the global market based on this. Under the trend of new energy and intelligence in the automotive industry, it is worth thinking about how to make full use of mergers and acquisitions and integration to achieve 1+1>2.

The investment enthusiasm of listed companies is high

The booming production and sales of new energy vehicles is the underlying logic for listed companies in the industry chain to invest and expand production. Since August, more than 30 listed companies have gathered in the field of new energy auto parts.

Specifically, in order to seize the growth opportunities in the downstream new energy vehicle market, on August 22, Gongjin Co., Ltd. announced that it planned to set up a subsidiary company of 200 million yuan to lay out a new track for automotive electronics; on August 19, Huayang Group announced Said that it plans to increase 2 billion yuan for the production capacity expansion project of smart car products and the production capacity expansion project of automotive lightweight parts; A production base for core auto parts, mainly producing key products for new energy vehicles such as lightweight chassis, integrated body and interior systems; on August 11, Shangsheng Electronics announced that it plans to issue 520 million yuan of convertible bonds to increase car audio System field; On August 10, Ruida announced that it plans to increase the production capacity of new energy vehicle connectors by 683 million yuan.

In this regard, "On the whole, the proportion of new energy vehicles will further increase in the future, and the market size of related parts and industry sales revenue will also increase."