Second quarter auto parts exports or high growth

After the Great East Japan Earthquake, as a result of the decline in production by a number of automakers in Japan, it brought business opportunities to some auto parts manufacturers in China. Car sales in the second quarter will be picked up by this shadow, which may be a powerful trigger for the stage of the automotive sector.

We will focus on the spare parts companies that benefit from export growth and emissions upgrades. The companies that are worth focusing on are mainly two types: one is a component company with a high export ratio and the export business is expected to grow rapidly; the other is a corresponding product or technology, which is expected to benefit from the implementation of the National IV emission standard for heavy-duty diesel vehicles in 2012. related business. From the point of view that the valuation may be repaired and the performance may exceed expectations, Jianghuai Automobile and Jiangling Motors may be selected; from the perspective of rapid growth in benefiting export business, such as Wanfeng Aowei and Zhongdings; from the viewpoint of beneficiary emission upgrades, such as Weifu Hi-Tech, and Silver Wheel shares.