---
title: "The stock price of ZHIXING Automotive Technology has retraced, perhaps presenting a good opportunity"
description: "ZhiXing Auto Technology's stock price has retreated amid global market adjustments, being included in the short interest list, attracting market attention. Despite the price fluctuations, its long-ter"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/203431871.md"
published_at: "2024-05-05T04:24:03.000Z"
---

# The stock price of ZHIXING Automotive Technology has retraced, perhaps presenting a good opportunity

> ZhiXing Auto Technology's stock price has retreated amid global market adjustments, being included in the short interest list, attracting market attention. Despite the price fluctuations, its long-term value is still worth noting. ZhiXing Auto Technology is a leading domestic provider of autonomous driving solutions, having established partnerships with multiple well-known car manufacturers. According to a research report by Deutsche Bank, ZhiXing Auto Technology's performance and profit warning for 2023 are in line, with a year-on-year increase in gross profit margin. Citigroup believes that ZhiXing Auto Technology has maintained a good gross profit margin level through technological innovation and cost control

At a time when global stock markets are adjusting, the Hong Kong market, as an asset oasis, has shown super high resilience and ushered in a strong outbreak, with the Hang Seng Index achieving a "9-day winning streak". The enhanced market liquidity has further amplified emotions and stock price fluctuations, with Aito Car-Tech (01274) experiencing significant stock price adjustments during this process, attracting widespread attention from the market and investors.

According to the Securities Times APP, the direct trigger for this stock price volatility is Aito Car-Tech being included in the short-selling list. The Hong Kong Stock Exchange regularly adjusts the short-selling list to promote market liquidity enhancement and price discovery efficiency. Prior to this, Aito Car-Tech's stock price had tripled since its listing.

Despite being included in the short-selling list this time, the long-term value of Aito Car-Tech should still be taken seriously. Analysis of historical data of companies included in the short-selling list shows that stocks newly included in the list may experience price fluctuations in the initial period, but they often recover and achieve growth afterwards. This phenomenon indicates that the market's reaction to the short-selling list is often short-term and does not change the long-term value judgment of the company.

Aito Car-Tech is a leading domestic provider of autonomous driving solutions, with a management team all coming from international Tier1 companies, possessing leading technological innovation capabilities and large-scale commercialization capabilities. Currently, Aito Car-Tech has established cooperation with many well-known car manufacturers including Geely, Great Wall, Chery, and Dongfeng. In recent years, the company's self-developed high-margin products iDC and iFC series have injected new vitality into the company's development, while actively expanding into overseas markets and laying a solid foundation for exporting to more overseas markets through GSR verification. The company's excellent fundamentals have also attracted ratings from several top institutions including Deutsche Bank and Citigroup.

According to a research report by Deutsche Bank, Aito Car-Tech's performance in 2023 is in line with previous profit warnings, with a year-on-year gross profit growth of 9%. Especially in the field of autonomous driving solutions and product business, benefiting from the enhancement of company scale economy and the improvement of bargaining power with suppliers, the gross profit margin achieved year-on-year growth. At the same time, Deutsche Bank believes that despite facing price pressure from OEMs, Aito Car-Tech has maintained a good gross profit margin level through technological innovation and cost control.

In its latest tracking report, Citibank pointed out the strong order trend of Aito Car-Tech, especially the strong order volume from traditional partner ZEEKR and the increase in sales volume brought by award-winning safety design. Citibank further raised the company's performance forecast and raised the target price to HKD 90.10. Citibank expects 2024 to be a turning point for Aito Car-Tech to turn losses into profits, with a net profit of 500 million RMB expected to be achieved in 2026. For sales forecasts, Citibank has raised the sales forecast for 2024/2025 to 653,000 and 1.34 million units, reaching 2.21 million units in 2026.

In terms of the overall market environment, Aito Car-Tech is facing the blue ocean of rapid growth in China's new energy vehicles. In 2023, China's production and sales of new energy vehicles reached 9.587 million and 9.495 million units respectively, with year-on-year growth of 35.8% and 37.9%, and a market share of 31.6% In comparison, the production and sales volume of passenger vehicles in China in 2023 only increased by 9.6% and 10.6% year-on-year.

As a pioneer in the field of autonomous driving, ZingCar Technology's growth and investment value from a long-term perspective are self-evident. Looking ahead, with continuous technological advancements and the gradual maturation of the market, ZingCar Technology is expected to become a key driving force in the development of the smart car industry. For investors seeking to seize opportunities in the future automotive technology revolution, ZingCar Technology is undoubtedly an investment target worthy of long-term attention

### Related Stocks

- [01274.HK - IMOTIONTECH](https://longbridge.com/en/quote/01274.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 知行科技在港交所的文件中显示，回购了 9,500 股，金额为 51,506 港元 | iMotion 汽车科技（苏州）有限公司已回购 9,500 股，总金额为 51,505.998 港元，具体信息已在香港证券交易所的文件中披露。这些股份将作为库存股持有。该信息由公共技术生成，仅供参考，不应被视为财务或法律建议 | [Link](https://longbridge.com/en/news/275574428.md) |
| 股市低迷，印度投资者转而疯抢金银 ETF | 印度市场现 “弃股投金” 趋势：1 月黄金 ETF 资金流入首超股票基金，反映股市低迷下避险情绪升温。小盘股疲软及政府出售国有资产加剧股市压力。与此同时，商业地产 REITs 逆势上涨，而高估值 IPO 遇冷，显示资金正从增长资产向避险与结 | [Link](https://longbridge.com/en/news/275586785.md) |
| 全球 “沃什” 交易？对中国有何映射？ | 全球沃什交易的理念包括重塑货币与财政关系、重构货币与科技关系、以及重构货币政策与市场关系。沃什主张 “降息 + 缩表” 的政策组合，认为美国经济增长的约束在供给端，AI 技术能提升生产力，实现高增长、低通胀。降息的依据在于中性利率可能下移， | [Link](https://longbridge.com/en/news/275673607.md) |
| Seedance 2.0 深度测评：复杂场景贼稳，连 asmr 都会？ | Seedance 2.0 上线后引发热议，马斯克和美国导演纷纷赞誉。用户对其全球使用和注册中国账号表现出强烈兴趣。该版本在镜头语言理解和多模态输入方面有显著提升，支持图像、视频、音频和文本的混合输入，增强了画面一致性和稳定性。用户分享了多种 | [Link](https://longbridge.com/en/news/275887396.md) |
| 固态电池春季展望：产业化前夜，海内外同步变革 | 固态电池产业化进入关键阶段，海外首款量产固态电池在 CES 展上发布，预计 2026 年投入使用。国内也在加速制定车用固态电池国家标准，提升技术门槛，推动行业规范化。固态电池被视为未来能源转型的重要技术，马斯克指出其在全球竞争中的重要性。 | [Link](https://longbridge.com/en/news/275695481.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.