Guangzhou Automobile Group (601238.SH): Plans to participate in the public solicitation project for automotive partners for the 15th National Games and the Special Olympics.
On March 11, Gelonghui reported that Guangzhou Automobile Group (601238.SH) announced that the 15th National Games, the 12th Paralympic Games, and the 9th Special Olympics will be held from November to December 2025 in Guangdong, Hong Kong, and Macau. To fully utilize this event platform, expand the promotion of the company's brand and products, and support the sustainable and stable development of the company's operation, the Board of Directors agreed to participate in the public recruitment project for automotive partners for this event, providing vehicles and related services.
Is the "Spring Fluctuation" market starting? Hong Kong stocks of New energy Fund have a short-term surge, and domestic brands' sales exploded in February.
① Hong Kong stocks of New energy Fund have seen a short-term rise; what bullish factors are catalyzing the market? ② Domestic brands saw explosive sales in February; what are the highlights?
Another joint venture RBOB Gasoline vehicle has sparked a wave of Asia Vets.
"Oil and electricity are equally wise."
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.
Joint venture electric vehicles launch their strongest counterattack.
The elephant turns around.
The "Shanghai Measures for Supporting the Development of Electric Vehicle Charging and Battery Swap Facilities" have been released.
① The Shanghai Development and Reform Commission and several other departments have issued the "Support Measures for the Development of Electric Vehicle Charging and Battery Swapping Facilities in Shanghai," which will be implemented starting April 1, 2025, with a validity period of five years; ② The measures propose a subsidy of 30% of the equipment investment for charging companies for charging devices in demonstration communities, with a power subsidy limit of 600 yuan/kilowatt for Direct Current and 300 yuan/kilowatt for Alternating Current.
