Analysis of the status quo and market competition pattern of China's automotive industry chain in 2022

1. Overview of the automotive industry chain: automotive logistics runs through the entire industrial chain

From the manufacturing and transportation of automotive hardware and software, automobile vehicle manufacturing and transportation, to the purchase of cars and after-market service links, automotive logistics runs through the entire industry chain of the automobile industry.

From the upstream of the automotive industry, it is mainly the development and manufacturing of automotive hardware and software, which can be divided into automotive hardware and automotive electronics. The middle reaches are mainly automotive vehicle manufacturing, which involves the design of automobiles, such as the use of automotive materials design, interior design and so on. The downstream of the automobile industry can be mainly divided into car purchase and after-market services, which mainly serve the users who buy and use cars.

At present, the representative enterprises of automotive electronics in the upstream of the automotive industry chain in China are Junsheng Electronics, Lisun Precision, Silver wheel shares, etc. The automotive hardware part involves many industry categories, among which several representative enterprises with good development are Fuyao Glass, Jiangsu Kuanda, Michelin, Daimei Shares; In the upstream, representative enterprises such as network service providers and data service providers for automobile services include Huawei, Tencent, Alibaba Cloud and other super-large Internet enterprises.

In the middle reaches of the vehicle manufacturing link, the representative enterprise involved in three categories of vehicles is BYD; At present, Xiaopeng, NiO and Ideal are only involved in the field of passenger cars; The representatives in the field of commercial vehicles are Zhongtong Bus and Yutong Bus. The representative of special vehicles is Longma sanitation, Jianghuai Automobile and so on.

In terms of downstream car purchase service, in addition to the vehicle manufacturing enterprises themselves involved in pre-purchase experience services, there are also some car dealers, whose representative enterprises are Guanghui Automobile, Zhongsheng Group, Li Xingxing, etc.; From the point of view of the post-market service link, the subdivisions involved are more complicated.

From the perspective of the automotive logistics industry that runs through the entire automotive industry chain, its representative enterprises in addition to the logistics companies whose own industrial chain extends for the logistics transportation of automobiles and parts, there are also enterprises represented by Jingdong Logistics and other enterprises that can apply logistics services to the automotive industry.

2. Regional heat map of China's automotive industry chain: coastal areas are more concentrated, and Guangdong is the most concentrated

-- Chinese automobile enterprises are concentrated in the coastal areas, and Guangdong, Zhejiang, Shanghai and Beijing regions have more representative enterprises

From the perspective of the regional distribution of automobile industry chain enterprises in China, the automobile industry chain enterprises are mainly distributed in the coastal areas, and the number of automobile industry chain enterprises in Guangdong is the largest, followed by Shandong, Zhejiang and Jiangsu, which may be related to the above regions themselves being the leading manufacturing areas in the country and the distribution of industrial clusters. In addition, some areas may be related to the development history of the automobile manufacturing industry, for example, since the Great Leap Forward in 1958, "Nanjing Automobile Factory", "Shanghai Automobile Factory", "Jinan Automobile Factory" and "Beijing Automobile Factory" have been established successively in Nanjing, Shanghai, Jinan Automobile Factory "and" Beijing Automobile Factory ", which has driven the development of the industrial chain in the local and surrounding areas.

From the distribution of representative enterprises, there are more representative enterprises in the coastal areas of Guangdong, Zhejiang, Shanghai, and inland Beijing. Taking Guangdong as an example, representative companies in the field of automotive electronics include Xinwang Da, Skyworth Intelligence, Desay Siwei, and BYD, which designs both upstream and midstream; Other representative enterprises that provide network services and data services for the automobile manufacturing industry include Huawei and Tencent. The representative enterprises in the field of automobile manufacturing include GAC, Xiaopeng, BYD and Yinlong New Energy, etc. In the field of car purchase and aftermarket services, Guangdong has representative enterprises such as Guangwu Automobile Trade, Guangqi Commerce, Ping An Insurance and used car home.

From the distribution of representative enterprises, there are more representative enterprises in the coastal areas of Guangdong, Zhejiang, Shanghai, and inland Beijing. Taking Guangdong as an example, representative companies in the field of automotive electronics include Xinwang Da, Skyworth Intelligence, Desay Siwei, and BYD, which designs both upstream and midstream; Other representative enterprises that provide network services and data services for the automobile manufacturing industry include Huawei and Tencent. The representative enterprises in the field of automobile manufacturing include GAC, Xiaopeng, BYD and Yinlong New Energy, etc. In the field of car purchase and aftermarket services, Guangdong has representative enterprises such as Guangwu Automobile Trade, Guangqi Commerce, Ping An Insurance and used car home.

3. Production and sales of representative enterprises in China's automobile industry: Some representative enterprises have cross-disciplinary business

-- China's automobile industry chain represents the output of enterprises: some enterprises have cross-field business

At present, among the listed enterprises that have laid out automotive hardware and software, vehicle manufacturing, car purchase and aftermarket services, some enterprises have cross-field business scope, such as AOlian Electronics, whose business is not only in the field of automotive electronics, but also involved in automotive hardware.

2) SAIC Auto sales won the first place

From the perspective of the vehicle manufacturing industry in the middle

4. The latest investment trends of representative enterprises in China's automobile manufacturing industry

Since 2020, the investment trends of representative enterprises in the automotive manufacturing industry mainly include the acquisition of companies to expand business, carry out new business, invest in the establishment of research institutes/centers, strengthen pilot project investment, cooperate with other enterprises to open new production lines, and increase corporate shares.