Shanxi Securities Research Report said that in December, automobile production and sales picked up significantly, and the output increase was large. Monthly production and sales were 2,907,200 units and 2,785,900 units, up 12.48% and 10.48% respectively month-on-month, up 2.35% and down 1.60% year-on-year, respectively. Shanxi Securities believes that the supply of the industry has picked up, the overall output has begun to rise, and the sales volume is lower than the output growth rate year-on-year. Among them, SAIC, GAC and Great Wall increased significantly from the previous month, and the increase in GAC and great wall increased significantly compared with the same period last year. It is expected that in the future, the overall automobile market sales will turn positive year-on-year, and the sales of new energy vehicles will continue to increase significantly.