Shen Ningwu, deputy secretary-general of the China Association of Automobile Manufacturers, expressed at the 5th Asia-Pacific Investment Summit-China Automotive Industry Investment Forum on the 21st that in the future, the parts and components industry around new energy will be a new investment direction. In addition, automotive electronics There is a very large investment possibility.
Shen Ningwu said that the Chinese auto industry has driven the development of the parts and components industry with the development of complete vehicles. There are currently more than 7,000 parts and components companies, and the assets account for about one-third of the total scale of the automotive industry, with sales revenue accounting for about 37%. Last year, the profits of large-scale enterprises in the parts and components industry accounted for 40% of the profits of the industry. However, in the current Spare Parts industry, China has a share of capital of less than 15%, privately-owned companies account for 60%, foreign-controlled companies account for 20%, and private and foreign-invested companies have developed significantly.
Shen Ningwu believes that in the future development of parts and components related to new energy, the entry of new materials and new parts and components will certainly be a new direction of investment. It should be said that there is a very large investment potential.
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