[industry front line] Auto Zero plate is "popular all over the sky"! Where are the investment opportunities?

$Shenzhen Inovance Technology(300124.SZ)$The largest supplier of core components (electronic control system) of new energy vehicles in China, based on its own advantages of motor and electronic control, merges reducers downwards and gradually merges vehicle charging control modules such as OBC, DC/DC, PDU and so on.

The company has sold more than 120000 motor controllers in the field of new energy vehicles. Such a star stock, of course, can not do without the attention of institutions. Huichuan Technology received 3876 surveys from 2381 institutions in the past year.

Huichuan Technology is also involved in this wave of buybacks of listed companies. On March 18, 2022, the company bought back shares of the company for the first time through a special securities account for share repurchase. As of April 30, 2022, a total of 2743336 shares have been repurchased, accounting for 0.1041% of the company's total share capital. The repurchase amount is 153 million yuan, and the repurchase price is between 48.50 yuan per share and 57.86 yuan per share.

As of May 18, 2022, Huichuan Technology's closing price was 58.50 yuan per share, with a total market capitalization of 154.2 billion yuan and a price-to-earnings ratio of 53.74.

$Zhuhai Enpower Electric(300681.SZ)$The main business is the R & D, production and sales of motor, electric control, power supply and their assemblies of new energy vehicles, with two major production bases in Zhuhai and Shandong. It is one of the leading enterprises in China with R & D and production capacity of power assembly and drive assembly of new energy vehicles.

In 2021, the company achieved revenue of 640 million yuan, an increase of 286% over the same period last year, mainly contributed by Wuling Hongguang mini, Geely, Weima, etc., of which the revenue of assembly products accounted for more than 50%, an increase of 173% over the same period last year.

As of May 18, 2022, Inbauer's closing price was 78.62 yuan per share, with a total market capitalization of 6.025 billion yuan and a price-to-earnings ratio of 81.66.

$Zhejiang Founder Motor(002196.SZ)$It is a leading enterprise in the domestic new energy drive motor and electric drive system industry, with a comprehensive market share of nearly 7%, and the market share of logistics vehicle assembly ranks first in the country. drive motor products cover a full range of electric vehicles, such as low-speed cars, logistics vehicles, passenger cars and buses.

On April 15, the company said on the investor interactive platform that the current market share of the company's drive motor is about 10-15%, and it has begun to make a profit according to the company's drive motor business in the first quarter.

As of May 18, 2022, the company's closing price was 8.22 yuan per share, with a total market capitalization of 4.105 billion yuan and a price-to-earnings ratio of 172.05.

$Zhongshan Broad-ocean Motor(002249.SZ)$At present, the "multi-in-one" electric drive assembly products are mainly "two-in-one" and "three-in-one" electric drive assembly, in which "two-in-one" electric drive assembly is used in Great Wall Motor, Renault and other models. The "three-in-one" electric drive assembly is used in Changan Automobile, Chery Automobile and other different models to achieve stable production and sales. At the same time, it successfully develops the Indian market and achieves mass production on Tata Motors' pure electric vehicles.

Nevertheless, at present, the main income of Dayang Electric is not the automobile sector, and the business income reported in 2021 is composed of 55.58% in the construction and household industry and 38.5% in the auto parts industry.

Dayang Electric has also been busy buyback recently. On April 30, 2022, the company bought back 4.9468 million shares of the company, accounting for 0.21% of the company's total share capital, with the highest price of 6.2yuan per share and the lowest price of 5.75yuan per share, with a total transaction value of 30.0055 million yuan.

As of May 18, 2022, the company's closing price was 5.47 yuan per share, with a total market capitalization of 12.94 billion yuan and a price-to-earnings ratio of 220.3.

$Jee Technology(688162.SH)$Independent research and development of electric drive, electronic control and system integration, bicycle value of about 5000-10000 yuan, has supporting Chery, Jianghuai, Dongfeng Honda, Guangzhou Automobile Honda, VINFAST, Jiangling New Energy and other models, and continue to win new power orders, shipments of the top ten in China.

Electric drive products have added fixed-point NIO Inc., ideal, Geely and so on. In order to alleviate the pressure of production capacity and ensure the delivery of orders, the company has planned electric drive and production line expansion, and is expected to increase the production capacity of 500000 sets of electric drive and 500 million yuan of equipment in the future.

In 2021, the company shipped 83000 sets (+ 206%) of electric drive, accounting for 20% of the revenue. With the mass production of new projects, electric drive is expected to continue to become the main force of business development.

As of May 18, 2022, the company's closing price was 46.93 yuan per share, with a total market capitalization of 6.429 billion yuan and a price-to-earnings ratio of 48.81.

$Wolong Electric Group(600580.SH)$Motor and control business is the company's core business, as a new energy vehicle drive system enterprise, the products cover from passenger vehicles, SUV, commercial vehicles, light, medium and large buses, to form a complete product chain, including drive motor, pure electric drive traction system, hybrid traction system and vehicle assembly automation system.

In terms of the development of the first-class motor project, the company has supplied several third-generation nuclear power plants and is actively preparing to participate in the newly approved projects.

As of May 18, 2022, the company's closing price was 12.24 yuan per share, with a total market capitalization of 16.1 billion yuan and a price-to-earnings ratio of 20.33.

$Ningbo Xusheng Group(603305.SH)$Committed to the field of new energy vehicles and lightweight vehicles. The company's leading products include precision machined parts of core systems such as transmission system, transmission system, battery system and suspension system of new energy vehicles.

As of May 18, 2022, the company's closing price is 24.26 yuan per share, with a total market capitalization of 15.18 billion yuan and a price-to-earnings ratio of 31.65 yuan.
$Huayu Automotive Systems(600741.SH)$The main business includes electric drive system, drive motor and controller, electric steering gear, electric air conditioning compressor, electronic braking system, electronic torque manager, electronic pump, battery management system and other spare parts products.

The company jointly controls Huayu Magna Electric Drive system Co., Ltd., taking the lead in the development of electric drive system products. the company's electric drive system, drive motor, electronic steering gear, electric air-conditioning compressor, new energy battery tray and other products have been fixed points for the electric vehicle platform of many customers, such as Volkswagen and Shangqi passenger car.

The main shareholder of Huayu Automobile is the national team. SAIC ranks as the largest shareholder with 58.32% of the shares. But now Huayu is becoming less dependent on SAIC. 49.2% of Huayu's main business revenue in 2021 comes from vehicle customers outside SAIC, and nearly half of its revenue has been separated from SAIC's contribution.

As of May 18, 2022, the company's closing price was 20.47 yuan per share, with a total market capitalization of 64.54 billion yuan and a price-to-earnings ratio of 9.45.

$Ningbo Yunsheng(600366.SH)$The main business is the R & D, manufacturing and sales of automotive generators and starters and other products. Brushless permanent magnet synchronous motor drive system and switched reluctance motor drive system technology is relatively leading.

As of May 18, 2022, the company's closing price was 29.11 yuan per share, with a total market capitalization of 9.011 billion yuan and a price-to-earnings ratio of 30.5.

$Nanjing YueBoo Power System(300742.SZ)$As an integrated supplier of new energy commercial vehicle powertrain, its main products are pure electric vehicle powertrain system, including vehicle control system, drive motor system and automatic transmission system. it is mainly used in the field of pure electric passenger cars, pure electric logistics vehicles and other special vehicles.

As of May 18, 2022, the company's closing price was 28.9 yuan per share, with a total market capitalization of 2.269 billion yuan and a price-to-earnings ratio of-34.36.