·Dongfeng Group denied the merger with FAW and said that the auto group integration acceleration

Institutions believe that the integration of auto groups accelerates Guangzhou Daily News (Reporter Duan Yiqun) Yesterday afternoon, in response to the current market rumors that Dongfeng Motor will merge with FAW Group, Dongfeng Group (00489.HK) listed in Hong Kong, China is in Hong Kong. The clarification announcement issued denied the rumors that the Dongfeng Motor Company will merge with FAW Group and announced that it would resume trading yesterday afternoon. The mainland China A shareholder Wind Motors (600006), Dongfeng Technology (600081) and FAW Car (000800) were all suspended yesterday.
Yesterday, Dongfeng Group (00489.HK) announced that it had noticed media reports on the merger of China FAW Group Corporation and Dongfeng Motor Corporation, the controlling shareholder of the company. It has been verified that up to now, Dongfeng Group’s controlling shareholder and Dongfeng Group The company did not receive written or verbal information from any government department regarding the above rumors, and did not express such intentions to any department. The board of directors of Dongfeng Group did not study the merger. Dongfeng Group Corporation does not currently have any information that should be disclosed but not disclosed. Just the day before, some media reported that during the “May 1st” holiday, the news appeared that the deputy secretary of the Jilin Provincial Party Committee and the former chairman of the FAW Group, Yan Yanfeng, will succeed Xu Ping as the chairman of Dongfeng Motor, and the chairman of Dongfeng Motor Corporation. Xu Ping will travel to Changchun to serve as chairman of FAW Group. Later, the news that Dongfeng Group will merge with FAW Group will be heard.
Due to rumors involving a number of A-share listed companies in mainland China, Dongfeng Motor (600006), Dongfeng Technology (600081) and FAW Car (000800) were suspended yesterday. GF Securities said that it is not difficult to find out the development history of the German, American, Japanese and Korean automobile industries. These developed countries have experienced many times of automobile manufacturers and automobile brands, but they are affected by the government and market regulation. Four countries have experienced mergers and acquisitions in the automotive industry. Among them, Germany gradually formed the Volkswagen, BMW, Mercedes-Benz three major automobile groups, the United States gradually formed the three major groups of GM, Ford, Chrysler, Japan formed Toyota, Nissan, Honda three major groups, South Korea has repeatedly used administrative means to promote car manufacturers The merger between the two. From the merger of China South Locomotive and China CNR, the industry said that the reform of central enterprises has increased significantly. Although the announcement denies the rumors of the merger of the two major auto groups in the country, the industry expects the future of the domestic auto group and several major auto groups. The integration will accelerate.
The latest developments of the four ministries and commissions of the New Energy Automotive Science and Technology Ministry on May 5 issued the "Notice on the implementation of new energy vehicles promotion and application of urban assessment work." The notice stated that in order to further implement the relevant spirit of the “Guiding Opinions of the General Office of the State Council on Accelerating the Promotion and Application of New Energy Vehicles”, the Ministry of Finance and the Ministry of Science and Technology, in accordance with the requirements of the “Notice on Continued Promotion and Application of New Energy Vehicles” and other documents. The Ministry of Industry and Information Technology and the National Development and Reform Commission will organize the implementation of urban (regional) assessment of new energy vehicles.
Bohai Securities said that with the policy continued to increase, this year, new energy vehicles will continue to accelerate the popularization, and the bus business logistics field will become the main force, which is expected to achieve at least double growth throughout the year. In terms of investment opportunities, we recommend BYD, Yutong Bus, Junsheng Electronics, Songzhi Shares, and Wanxiang Qianchao. I am optimistic about the relevant standards of charging piles, and suggest to continue to pay attention to the low-speed electric vehicle standard Longxin GM, Lifan shares.

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