Last year's year, our entire domestic car that is rising very fast, especially in the field of new energy, that is a strong rise, so there are friends to let Meow Brother to talk to everyone, that is, after the strong rise of our domestic production, the advantages of the joint venture car are still there? What else?
First of all, we really want to affirm the strong rise of our domestic cars, especially in the field of new energy, we have really achieved, but we must also see some deficiencies and gaps between us and the joint venture car.
The first point is that in the control of the whole industry chain, the gap between our domestic cars, including several leading enterprises and several large leading enterprises of joint venture cars, is still not small. Especially for large enterprises like Toyota Hyundai, for these large enterprises that have a relatively good control of the entire industrial chain, we really have a gap with their control of the entire industrial chain, as well as the layout ability of the entire industrial chain, so we have to admit this.
The second point is in the management, speaking of management, the joint venture car can do so many years, especially some of the more powerful joint venture brands, they can form a relatively good sales volume in the whole world, and their entire personnel management, technical management, industrial chain management have a great relationship, our domestic cars in the management of this piece, some also appear the original old state-owned enterprises of the ills, so at this point, we do still need to learn from others.
The third point is in some key technologies, such as chassis technology, transmission technology, anti-corrosion technology of the entire body, and anti-corrosion technology of paint, in these aspects, in fact, there is still a gap between our domestic car and the first-line joint venture car.
Especially even the basic steel plate anti-corrosion technology, we still have a gap with others, which is why the same domestic cars and joint venture cars, after a certain number of years, you will find that our domestic cars, may be rusty will indeed be more serious, and after a long time, especially on high-temperature parts and chassis parts, you will find that the gap still exists.
The fourth point that cannot be shaken at present is a brand influence and brand value, that is, brand added value. The same will find that the current joint venture brand, including some foreign brands, in fact, this car, may not be as rich as our domestic production, but the price of others sells higher than us, and after a few years, to sell second-hand cars, the price is also higher than our domestic cars, its value preservation is better, and the market recognition is also higher.
These things are our people, for some of the recognition of these brands, as well as the influence of the joint venture brand, we have formed some deep-rooted things, after all, from the perspective of car building alone, 10 years and 20 years can make a lot of progress, but for a brand, it is not three or five years can be shaped, it takes a certain amount of precipitation, than simply building a car will be longer.
So this piece is indeed our current domestic car, and the joint venture car can not be compared, so also under the same conditions as the joint venture car, its profit margin is actually much higher, so in the current situation, the advantage of the joint venture car is not there?
The advantages of the joint venture car are still there, especially the recognition of it by our people, from the sales volume of the entire market, the joint venture car still occupies a large part of the mainstream, and especially in the high-end brand, the joint venture car is still firmly occupied, our domestic car wants to break through the high-end brand, in fact, it still needs a long way to go.
For example, in recent years, like the Great Wall, Chery, Geely, including BYD, have begun to exert efforts to the middle and high end, and even began to launch some of their own independent high-end brands, but the overall performance, although the data has been very eye-catching, but want to break through to more than 400,000, more than 500,000 this range, in fact, the difficulty is still very large, in that range, or those old foreign brands, those several joint venture brands, there firmly control the territory.
So this is our current domestic car, although the strong rise and progress is very fast, but it is true that from all aspects, there are still some gaps. Brother Meow also hopes that in the next 10 years, our domestic cars can especially strengthen their brand building by taking advantage of the momentum of new energy curve overtaking.
While doing a good job in this product, we have more recognition from the people, our domestic brands, especially in the high-end brand, can break through to more than 500,000 bottlenecks, but also shape some of our domestic luxury cars, so that our domestic cars, the real and joint venture cars, their gap is gradually getting smaller and smaller.
At the same time, these OEMs can also introduce some of the updated management concepts, especially our state-owned factories of several major joint ventures, no longer lie in the gentle township of the joint venture, can put their own brands, through some of the joint venture things, can be further improved to do, after all, you and others joint venture car, that is your stepson, and finally give you pension, give you blood transfusion, rely on your own son.
I hope that after 10 years, we can see more domestic brands, can become the luxury car in our minds, and at the same time not only to sell our domestic cars to our country, but to sell to the world, so that our own brands, but also to form several world-class brands, is our domestic car really applauded.