listed car companies have been released one after another, some people are happy and some are worried; SAIC-GM's November sales plummeted by 33% year-on-year, and GM is no longer in China? Implementation of mixed reform, "Qingdao Wudaokou" became the controlling shareholder of Chery; failed to proceed as agreed, Qianjiang Motor Holding Company plans to stop investing in the construction of lithium battery projects.
Listed car companies announced November sales data: there are continuing miserables, and there are stabilizing and rising
1. Geely Automobile: The total sales volume from January to November was 1.231 million vehicles, completing the revised target of 91%
On December 6, Geely Automobile released sales data. It shows that in November, the company's total sales in the Chinese market was 140,000 vehicles, an increase of about 1% over the same period last year; export volume increased by about 2% year-on-year to 3173 vehicles. The total sales volume from January to November 2019 was 1.2315 million vehicles, a decrease of approximately 13% from the same period last year, and reached 91% of the Group’s revised sales target for the full year of 2019 of 1.36 million vehicles.
K line quick comment: the same month-on-month growth for two consecutive months, after completing the revised target, it is stable!
2. SAIC Motor: Sales in the first 11 months decreased by 13.33% year-on-year.
On December 6, SAIC Motor’s production and sales bulletin showed that its sales in November were 581,900 vehicles, compared to 643,600 vehicles in the same period last year, a year-on-year decrease of 9.58%; 1- In November, the group's cumulative sales volume was 5.54 million, a year-on-year decrease of 13.33%.
Among the five major passenger vehicle business segments, except for SAIC Maxus, which maintained a double-digit growth (17.93%) from January to November, the rest showed different declines: SAIC-GM-Wuling’s cumulative sales reached 1.437 million vehicles, a cumulative decline of 21.75%; SAIC-GM Cumulative sales were 1.476 million vehicles, down by about 18%, of which sales in November were down 34% from the same period last year; SAIC Volkswagen’s cumulative sales fell by 6.72% year-on-year, but there was a slight increase in November; although SAIC passenger cars decreased by 5.74%, But it also stabilized and rebounded in November.
K line quick comment: The decline has narrowed, but it is still close to double digits. What happened to GM after Ford?
3. GAC Group: cumulative sales of 1.876 million vehicles in the first November, down 4.34%
On December 6, the GAC Group announced the production and sales bulletin. In November, the group’s sales were 195,400 vehicles, down 4.27% year-on-year; from January to November, GAC The group sold 1.876 million vehicles in total, a decrease of 4.34% year-on-year.
In the first November, GAC Honda and GAC Toyota increased by 5.25% and 16% respectively, but GAC Honda’s November sales fell by 9.8%; GAC’s cumulative sales of passenger vehicles were 345,000 units, a 28.81% drop; GAC’s Philippines Gram sales fell the most, reaching 44.49%, only 63,800 vehicles; GAC Mitsubishi’s sales were 119,000 vehicles, a year-on-year decrease of 8.56%
K line quick comment: GAC Fick was basically paralyzed, and the performance of Fick and Mitsubishi was fairly stable. Into the largest variable.
4. Jianghuai Automobile: November sales fell by 7.76% year-on-year.
On December 6, Jianghuai Automobile released data showing that the company's sales in November were 33,265 units, a year-on-year decrease of 7.76%. Among them, the sales of pure electric passenger vehicles were 2,636 units, a year-on-year decrease. 66.45%; the company's cumulative sales from January to November were 386,800 vehicles, a year-on-year decrease of 10.29%. Among them, the cumulative sales of pure electric passenger vehicles was 55,200, a year-on-year increase of 5.09%.
K line quick review: subsidies decline, the growth of pure electric passenger vehicles may also be unreliable.
5.*ST Ankai: January-November passenger car sales decreased by 14.6% compared to the same period last year.
On December 6, *ST Ankai announced the latest production and sales data, showing that November production was 474 vehicles and sales were 395 vehicles. From January to November, the company's passenger car production was 5,414, a year-on-year decrease of 16.24%, and sales were 5,294, a year-on-year decrease of 14.59%.
K line quick comment: life is difficult.
6. Yutong Bus: Sales in the first 11 months decreased slightly by 0.76% year-on-year.
On December 6, Yutong Bus released production and sales data showing that the sales volume in November was 4,580 units, a decrease of 20.82% year-on-year; cumulative sales from January to November were 49,624 units, year-on-year A decrease of 0.76%.
K line quick review: November directly negatively affected overall sales.
7. Yaxing Bus: January-November sales increased by 24% year-on-year
On December 6, Yaxing Bus announced its November sales. The company's bus sales were 439, down 56% year-on-year; cumulative sales from January to November were 4501 , An increase of 24% year-on-year.
K line quick comment: November sales were cut in half, and it can't hide the "flower" in the bus.
8. Zhongtong Bus: The cumulative sales volume in the first November was 13,200, a year-on-year increase of 19%.
On December 5, Zhongtong Bus released the November production and sales bulletin. Its output was 1,430, and the total number of vehicles this year was 13,471, a year-on-year increase of 22.06%; 11 The monthly sales volume was 1,407, and the total number of vehicles this year was 13,200, a year-on-year increase of 19.49%. Among them, the cumulative sales of medium-sized buses this year was 5,220, a year-on-year increase of 48.42%.
K line quick comment: the high growth of the market segment drives the overall upward trend.
9. Valin Xingma: The sales of medium and heavy trucks in the first November fell 12.65% year-on-year.
On December 5, Valin Xingma issued an announcement saying that in November, the sales of heavy trucks were 1,314, down 40.62% year-on-year; medium and heavy trucks from January to November Cumulative sales were 15,300 vehicles, a year-on-year decrease of 12.65%.
K line quick comment: the economy is not good, and move forward with weight.
10. Sugon shares: January-November vehicle sales fell 52% year-on-year.
On December 5, Sugon announced the sales results for November. Vehicle sales were 449, down 65.57% year-on-year; cumulative vehicle sales from January to November were 7,240 vehicles, down 52.03% year-on-year.
K line quick comment: sales are cut in half, where is the dawn?
11.*ST Haima: In the first 11 months, car sales fell 59% year-on-year.
On December 4, *ST Haima announced production and sales data. In November, car production was 2,663 vehicles, a year-on-year increase of 9.45%, and sales of 2,364 vehicles, a year-on-year decrease of 10.22% . Automobile production from January to November was 24,226 units, a year-on-year decline of 57.39%, and car sales were 25,610 units, a year-on-year decline of 58.95%.
K line quick comment: just sinking all the way? !
12. Dongfeng Motor: Sales in the first November increased by 6.65% year-on-year.
On December 3, Dongfeng Motor announced the latest data showing that the sales volume in November was 15,108, and the same period last year was 16,123. From January to November, the company's cumulative sales were 146,000. Vehicles, a year-on-year increase of 6.65%.
K line quick comment: small east wind is rising, big east wind is difficult!
Keda shares: The general manager intends to reduce his holdings by no more than 10.09 million shares
On December 6, Keda shares issued the "Announcement of Directors' Share Reduction Plan." Director and general manager Chu Mingli, who holds 3.04% of Keda shares, plans to reduce his holdings by no more than 10.09 million shares through centralized bidding within 6 months after 15 trading days, that is, no more than 0.76% of the company's total share capital.
K line quick comment: so no confidence! ?
Qianjiang Motorcycle: The holding company intends to stop investing in the construction of lithium battery projects
On December 5, Qianjiang Motorcycle announced that its holding company, Zhejiang Qianjiang New Energy Company, has signed an agreement with the Wenling Municipal Government to implement Zhejiang Qianjiang New EnergyEnergy 4 billion Wh lithium-ion power and energy storage battery assembly project, with a total investment of approximately 3.18 billion yuan. Up to now, due to changes in the lithium battery industry and other factors, the new energy company has failed to advance on schedule as agreed, and the project is at a standstill. The holding company and the Wenling Municipal Government decided to stop the project and signed a contract cancellation agreement, which is expected to affect the company's current pre-tax profit of approximately -27.32 million yuan.
K line quick comment: What smell does Li Shufu smell? Actually want to stop the expansion of lithium power projects.
Yunnei Power: The mixed-ownership reform project of the controlling shareholder will be publicly listed on December 5th, Yunnei Power’s controlling shareholder Yunnei Group's mixed-ownership reform project will be publicly listed on the Beijing Equity Exchange on December 6, 2019. From December 6, 2019 to February 5, 2020. If this mixed reform can be successfully implemented, the actual controller of Yunnei Power will be changed from Kunming SASAC to a private investor. K line quick comment: good news!
Wudaokou "mixed reform" Chery
On December 4, the Yangtze River Property Exchange announced that Qingdao Wudaokou New Energy Automobile Industry Fund Enterprise (Limited Partnership) ("Qingdao Wudaokou") invested 14.45 billion yuan in Chery Holdings and Chery shares. The shareholding ratio will reach 51%, becoming the controlling shareholder.
K line quick comment: It has not been the boss for many years, but it is still being thought of.
Joyson Electronics: Subsidiary intends to purchase some assets of Yanfeng Baili for more than 500 million yuan.
On December 4, Joyson Electronics issued an announcement that it plans to purchase Yanfeng Baili through its subsidiaries Ningbo Joyson Security and Lingang Joyson Security. Some assets of Profit (Shanghai) Automotive Safety System Co., Ltd. mainly include: fixed assets, intangible assets, construction in progress, inventory, etc. The total transaction amount is approximately 512 million yuan. As the world's second largest supplier of automotive safety components, the company's automotive safety division will be able to better explore the Chinese market, optimize resource allocation, and focus on the research, development and manufacturing of active and passive safety products after completing the above-mentioned transactions.
K line quick review: digest Takada, continue to buy!
JAC: Received 378 million yuan in government subsidies
On December 2, JAC issued an announcement that as of November 29, 2019, JAC and its holding subsidiaries had received a total of 378 million yuan in government subsidies related to income (excluding The company has previously disclosed government subsidies), the above subsidy funds will be included in the current profit and loss in 2019, which will have a positive impact on the company's profit in 2019.
K line quick review: if the sales are not good, we must make the 2019 performance look better!
BAIC Blue Valley: Directors object to the two proposals. Accept the inquiry letter from the Shanghai Stock Exchange.
On December 2, BAIC Blue Valley received the "Inquiry Letter on Matters Related to BAIC Blue Valley New Energy Technology Co., Ltd." from the Shanghai Stock Exchange. (Shanghai Zheng Gong Han [2019] No. 3033).
The "Inquiry Letter" proposed that the company disclosed the resolutions of the board of directors and other announcements stating that the company's twelfth session of the ninth board of directors reviewed and approved the subsidiary's investment in the BAIC Magna manufacturing joint venture project and related transactions, and the subsidiary's investment in Beijing Aodong New Energy For the proposal of increasing the capital of a limited company, one director voted against the above two proposals, and another director abstained. According to relevant regulations such as Article 17.1 of the "Stock Listing Rules" of the Shanghai Stock Exchange, BAIC Blue Valley needs to verify and supplement to disclose relevant matters, and BAIC Blue Valley is required to disclose its response to the inquiry letter before December 6. As of 12 noon on December 8, BAIC Blue Valley still did not disclose any relevant information.
It is worth noting that Zhou Liyan, the director of the company, voted against the proposal on the grounds that Beijing Aodong has suffered losses for consecutive years. Based on the income method evaluation result, the appreciation rate of 84.89% is not sufficient to determine the reasonableness of the transaction price. There is considerable uncertainty in reaching the revenue forecast.
K-line quick comment: for the dedicated director: like it! The text of
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