Large orders continue to flow, improving the prosperity of the auto parts industry
Benefiting from the good development momentum of the new energy vehicle industry, companies in the supply chain are expected to further share the industry's development dividends. Journalists have found that since April, more than 20 A-share automotive parts companies, including Jingu Co., Ltd., FAW Fuwai, and Jindi Co., Ltd., have received designated orders from downstream customers. In addition to frequent good news in operations, driven by the demand for electrification and intelligent transformation, automotive parts companies have also been active in mergers and acquisitions this year. Industry companies such as NRB CORPORATION, TQM, Lingyi Intelligent Manufacturing, and Aikedi have announced merger plans within the year to promote the quality and upgrade of their main businesses. "Designated orders for supply chain companies are coming in one after another, and the pace of mergers and integrations in the industry is accelerating, showing a vigorous development trend in the automotive parts industry," an insider familiar with the automotive parts industry analyzed. Currently, many high-quality leading companies with global competitiveness have been cultivated in the domestic segmented parts track. In the wave of automotive intelligence, the enrichment of functions such as intelligent cockpits and intelligent driving will bring more opportunities to domestic parts suppliers
