experiencing three consecutive years of decline, the Chinese automobile market finally resumed positive growth in 2021, among which the sales of new energy vehicles increased significantly. The recovery of the automobile industry has also brought a large number of orders to related parts companies, and some companies have even been scheduled to the end of June this year.
The automotive industry ushered in its first positive growth three years later. Parts companies were busy producing
In an automobile parts factory in Chongqing, the reporter saw a busy scene here. Amid the roar of the machines, one by one, automobile transmission gears were produced.
factory manager told reporters that with the recovery of the domestic automobile industry, their company's orders have also seen rapid growth. In order to deliver orders in a timely manner, their factory currently implements 24-hour three shifts and .
Factory Director of Kyoke Technology Group Co., Ltd. Li Lingyun: The workshop of is mainly responsible for the company's gear manufacturing. There are 60 production lines in total, including 47 automated production lines, with an automation rate of 78%, and 386 equipment units. Currently, orders from home and abroad are very saturated. Now production is basically 24 hours a day, and nearly 30,000 gears can be produced every day.
Also busy with order delivery is Jiang Yingwu. He told reporters that their company mainly produces automotive interior parts. In order to expand production capacity and deliver orders, they added a new production line in September last year. Currently, all four production lines of are in full production state.
Deputy General Manager of a Industrial Development Group Co., Ltd. Jiang Yingwu: The production load and business ownership of have increased by about 30% compared with the previous two years. There were 3 production lines before, but now it has been increased to 4 production lines, which has increased the production capacity of the company by about 25%. The production load of the four production lines is basically saturated.
Last year, the domestic automobile market was able to resume positive growth, which is inseparable from the hot sales of new energy vehicles. China Automobile Industry Association data shows that in 2021, the production and sales of new energy vehicles reached 3.545 million and 3.521 million respectively, an increase of 1.6 times year-on-year, with a market share of 13.4%, which was 8 percentage points higher than the previous year. Since last year, orders from many auto parts companies from new energy vehicle manufacturers have grown rapidly.
General Manager of , a technology group Co., Ltd.: new energy products revenue has grown relatively high. From the revenue of about 100 million yuan in the previous year to the revenue of new energy products last year, it may double this year, possibly around 500 million to 600 million yuan.
The rising prices of raw materials bring cost pressure. Enterprises increase investment in new energy vehicle products.
Although the recovery of the automobile industry last year brought a large number of orders to auto parts companies, the high prices of various raw materials last year led to a lot of increase in production costs. Many companies even experienced increased revenue but not increased profits.
The company where Jiang Yingwu is located mainly produces automobile bumpers, instrument tables and engine covers, and requires a large amount of modified plastic particles. Since last year, the price of raw materials has increased by 20% to 25%, which has led to the high production costs of enterprises.
Deputy General Manager of a Industrial Development Group Co., Ltd. Jiang Yingwu: The traditional plastic pellet used to be around 12,000 yuan per ton, but now it is possible to be between 15,000 yuan and 16,000 yuan and 17,000 yuan to 18,000 yuan. The price is relatively high. Relatively speaking, the production cost is the processing cost, and the unit price has not changed much.
In fact, not only chemical raw materials, but also various raw materials such as steel, aluminum, copper, rubber, etc., have seen price increases of different amplitudes, which has brought considerable pressure to the entire automotive parts industry.
Chairman of a Metallurgical Industry Co., Ltd. Liu Zhong: Materials such as Automotive steel plate grew significantly last year, from 4,000 yuan per ton to more than 7,000 yuan per ton, so the company's efficiency has dropped significantly, down about 20%.
Industry insiders said that new energy vehicles are an irreversible trend in the development of the automotive industry. Faced with the opportunities brought by the development of new energy vehicles, many auto parts companies have also seized the opportunity to transform, and shifted the focus of the product from fuel vehicles to new energy vehicles .
Zhu Junhan, general manager of a certain technology group company: mainly focuses on motors, gears, and gearboxes, including some investment in high-end equipment. I believe that next year or the year after, new energy products may account for more than 70% of revenue, and the gross profit margin of new energy products is a little higher than traditional fuel vehicles.
This article is from CCTV Finance
