In February, the auto market welcomed a "small spring": the sales of 12 listed in Hong Kong and A-share companies all saw year-on-year growth.
① The data from the Passenger Vehicle Association on March 10 shows that retail sales of passenger vehicles in February reached 1.386 million units, a year-on-year increase of 26.0%; the cumulative retail sales for January and February this year reached 3.179 million units, a year-on-year increase of 1.2%. ② According to statistics from financial reporters, the sales of 12 A/H listed auto companies in February all achieved year-on-year growth. Among them, BYD, Xpeng Motors, LEAPMOTOR, and BAIC BluePark New Energy Technology achieved multiple growth.
Total investment exceeds 19 billion! The leading company in the Shanghai Chlor-alkali Chemical Industry in Inner Mongolia signs a large L for the integrated green Energy project | After-hours announcement summary.
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The second session of the Shanghai Lujiazui Finance & Trade Zone Development financial salon: exploring new opportunities for the integration of AI and Capital Markets together.
Representatives from government departments, Financial Institutions, enterprises, industry associations, and research institutions will gather together to analyze AI technology trends and industry changes, and evaluate the opportunities and challenges in the new era of Capital Markets.
The battle for intelligent driving among car companies has begun, and the penetration rate of intelligent driving is expected to enter a period of rapid increase.
① Domestic car companies have announced the sales data for February 2025, and are generating buzz for new products. Among them, BYD's sales in February exceeded 320,000 units, reaching 322,800 units, a year-on-year increase of 164%, and has initiated the "Smart Driving Equality" campaign. ② Kaiyuan Securities pointed out that supply drives demand, and the resonance of technology costs and experiences may lead to a rapid increase in the penetration rate of smart driving.
Two Sessions Time | National People's Congress Representative, Lu Qingguo from Chenguang Biotech Group: Improve the quality standards of Chinese Patent Medicine, regulate the centralized procurement model for Traditional Chinese Medicine, and optimize the
① Lu Qingguo, Director of Chenguang Biotech Group and a representative of the National People's Congress, focused on several recommendations at this year's Two Sessions, including optimizing the procurement mechanism for Traditional Chinese Medicine, enhancing the quality standards for Chinese Patent Medicine, and standardizing the Traditional Chinese Medicine granule industry; ② In addition to recommendations related to the Traditional Chinese Medicine industry, Lu Qingguo prepared several suggestions on rural social retirement insurance, rural medical insurance, and increasing support for companies sanctioned by the United States.
Building a high-frequency communication platform, the "Shanghai Lujiazui Finance & Trade Zone Development Salon" is about to launch with exciting events happening weekly.
① In response to the Shanghai Lujiazui Finance & Trade Zone Development Forum, build an integrated ecosystem of "Global Strategy - Execution." ② The first event on March 1 will focus on "Opportunities and Challenges: Great Power Game, Exchange Rates, and the Construction of the Shanghai International Financial Center."