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Lei Jun suggested that Wang Chuanfu take the lead in organizing the ecology, if it can be unified, buying a car is equivalent to buying a house [with analysis of the current situation of the auto parts industry]

author:Qianzhan Network
Lei Jun suggested that Wang Chuanfu take the lead in organizing the ecology, if it can be unified, buying a car is equivalent to buying a house [with analysis of the current situation of the auto parts industry]

(Image source: Photo.com)

In the past few days, it is the Beijing Auto Show, and there are many car companies that interact with each other in the exhibition hall, and the car companies where Wang Chuanfu and Lei Jun are located, one is the mainstay of the car circle, creating countless brilliance, and the other is the rising star of the car circle, and the debut is the peak. The interaction between the two has attracted the attention of netizens.

On April 26, Wang Chuanfu, chairman of BYD, came to Xiaomi's booth, and Lei Jun, chairman of Xiaomi, personally received and introduced the new Xiaomi SU7 car to him. Lei Jun said that he would increase cooperation with BYD and make China's new energy vehicles bigger and stronger

Lei Jun said that he wanted to minimize the things in the car and try to solve the problem by using accessories to improve the flexibility of the vehicle. He also mentioned many innovative ideas, such as hanging iPads, Xiaomi platforms, tables and hangers in the car, and hoped to unify the interface of the vehicle to achieve ecological unity.

To this, Wang Chuanfu replied that this needs to be organized.

Lei Jun proposed to let Wang Chuanfu take the lead in organizing, and he also revealed that he told Li Xiang and Xiaopeng (He Xiaopeng) yesterday that they were quite willing, and Li Bin also came to discuss it at noon, whether it is possible to unify the ecology? Lei Jun said: "If it can be unified, the degree of fun will be much higher, buying a car is equivalent to buying a house, you can decorate, you can install what you like, I don't know if you understand what I mean." ”

Analysis of the supply level of China's auto parts industry

With the rapid development of new energy vehicles and spare parts manufacturing technology, as well as the continuous transformation of the automobile manufacturing industry, the application and innovation of auto parts technology have greatly promoted the progress and development of the automobile industry. At present, the main supply of auto parts in China is concentrated in China's leading auto parts enterprises, mainly including Huayu Automobile, Tuopu Group, Joyson Electronics, Nobo Automobile, etc. The layout and supply of enterprises are as follows:

Lei Jun suggested that Wang Chuanfu take the lead in organizing the ecology, if it can be unified, buying a car is equivalent to buying a house [with analysis of the current situation of the auto parts industry]

Ranking of enterprises in China's auto parts industry

In June 2022, Automotive News released the 2022 Global Top 100 Auto Parts Suppliers rankings, which are ranked based on the revenue provided by suppliers in the automotive industry supporting market in the previous year. In the list, the highest ranking among Chinese companies is Yanfeng, ranking 16th with a revenue of 13.757 billion US dollars (equivalent to about 92.1 billion yuan), up one place from 2021. In addition, nine companies on the list, including Beijing Hainachuan, CITIC Dicastal, Johnson Electric, and Wuling Industrial, have increased the number of Chinese companies on the list by two compared to 2021.

Lei Jun suggested that Wang Chuanfu take the lead in organizing the ecology, if it can be unified, buying a car is equivalent to buying a house [with analysis of the current situation of the auto parts industry]

Comparison of business revenue of listed companies in the auto parts industry

At present, among the enterprises in the auto parts industry in the mainland, the gross profit margin of the auto parts business is mostly concentrated at the level of about 20%, which is slightly different according to its auto parts chip segments, such as Fuyao Glass, which mainly focuses on the technology of auto parts glass, which is relatively technically intensive, so the gross profit margin level has a certain advantage.

Lei Jun suggested that Wang Chuanfu take the lead in organizing the ecology, if it can be unified, buying a car is equivalent to buying a house [with analysis of the current situation of the auto parts industry]

Continental's auto parts industry is in the midst of rapid development. With the increasing number of cars, consumers' demand for auto parts is gradually increasing. At the same time, with the development of intelligent, electrified and new energy vehicles, the auto parts market is also showing diversified and personalized characteristics. In this context, the auto parts industry is gradually developing in the direction of high quality, intelligence, environmental protection and personalization, but also facing more fierce market competition and technological innovation challenges. Therefore, the future development trend of Continental's auto parts industry will pay more attention to product quality and technological innovation, and will also pay more attention to environmental protection and the satisfaction of personalized needs.

Prospective Economist APP Information Group

For more research and analysis of this industry, please refer to the "Market Prospect and Investment Strategic Planning Analysis Report of China's Auto Parts Industry" by Qianzhan Industry Research Institute

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