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Expectations for a recovery in the automotive industry are gradually emerging, and we’re deploying across four key areas to position ourselves in the automotive module sector.

Expectations for a recovery in the automotive industry are gradually emerging, and we’re deploying across four key areas to position ourselves in the automotive module sector.

On March 22, auto stocks performed actively, with individual stocks such as Changan Automobile (000625) and Dongfeng Motor (600006) hitting their daily upper limits. In addition, stocks like First Auto Works Passenger Car (000800), JMC (000550), and Zhongtong Bus (000957) also saw relatively significant gains. Industry insiders noted that the automotive industry is currently at the bottom of its overall profit cycle. As inventory levels gradually decline and China’s macroeconomy stabilizes, expectations for an industry recovery are taking shape. High-quality stocks within the sector are now entering a mid-term accumulation phase. Source: China Securities Journal ▲▲▲▲▲ Currently in the inventory-depletion phase—judging from the industry’s fundamental dynamics...

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2019

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03

Interpreting Volkswagen's 2018 Financial Report

Interpreting Volkswagen's 2018 Financial Report

On March 12, 2019, the Volkswagen Group officially released its 2018 financial report. Globally, Volkswagen delivered a total of 10.83 million new vehicles, representing a year-on-year increase of 0.9%. The Volkswagen Group’s operating profit reached €13.92 billion (approximately $15.8 billion), up 0.7% from the previous year. In 2018, Audi’s global sales totaled 1.813 million vehicles, a decrease of 3.5% compared to the 1.878 million vehicles sold in 2017. China was Audi’s largest single market, with sales reaching 663,000 vehicles—a year-on-year increase of 10.9%, accounting for 35% of total sales. For Porsche, 20...

18

2019

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03

In 2019, automakers' goals

In 2019, automakers' goals

The rapid growth of China’s automotive market has given rise to Chinese domestic brands such as Geely and BYD. However, 2018 marked a cold winter for the automotive industry, as the sector experienced its first decline in 28 years. Competition among automakers will only intensify—especially with policy factors such as the opening up of joint-venture equity ratios and reductions in tariffs—making competition in China’s automotive market even fiercer in the future. For the entire automotive market, 2019 will be a year of life-or-death significance. How to grab a larger share of the increasingly competitive market will be a question that all automakers must ponder. As a result, many automakers have already set their sights on 2019 early on.

31

2019

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01

As the New Year approaches, be sure to prioritize safety when heading home.

As the New Year approaches, be sure to prioritize safety when heading home.

As the New Year approaches, remember to stay safe when heading home.

21

2019

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01

Ukraine’s traffic light design is worth our learning from.

Ukraine’s traffic light design is worth our learning from.

Reduced the occurrence of this unintentional red-light running.

12

2019

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01

Drive safely in windy and rainy weather.

Drive safely in windy and rainy weather.

Every cold winter, as car owners, we’re most concerned about rainy and snowy weather. Not only does it impair visibility while driving, but it also increases the risk of vehicle safety hazards. This winter, even we in the south have already experienced two heavy snowfalls, and rain seems to have been nonstop. Today, let’s talk about what precautions you need to take to ensure safe driving in rainy and snowy conditions. Before setting out on a rainy or snowy day, be sure to do a thorough preparation. You should check how well the engine hood is sealed and verify the technical condition of the wipers and brakes; if you spot any faults, fix them promptly. In addition to ensuring that your vehicle’s mechanical systems are functioning properly, you should also keep an eye on the wipers, brake system, and both high and low beams at all times.

12

2019

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01

We’ve been continuously working to improve the cafeteria.

We’ve been continuously working to improve the cafeteria.

Food is paramount for the people—especially during the cold winter months. A delicious and appetizing lunch not only provides the necessary energy for the afternoon’s work but also delights the taste buds, bringing a sense of pure happiness.

24

2018

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The benchmark of manufacturing—the automotive industry.

The benchmark of manufacturing—the automotive industry.

Automobiles are among the most complex mass-produced consumer products. An automobile comprises tens of thousands of parts, and its designed lifespan often exceeds ten years—during which time it endures exposure to wind, frost, rain, and snow, as well as scorching summer heat and bitter winter cold. It demands maintenance that is as simple as possible and reliability that is as high as possible. At the same time, the nature of consumer products requires costs to be kept as low as possible. Precisely because the automotive industry possesses these unique characteristics, it has no choice but to adopt a higher-level management approach, ultimately resulting in its management standards being among the highest in the manufacturing sector.

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2018

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Ningbo Yongjia Auto Parts Co., Ltd.

Address: No. 5, Malang Highway, Mazhu Town, Yuyao City, Zhejiang Province
Phone:86-574-62462628,62451058,62461913,62481518
Fax: 86-574-62481398
Email:tinayu@cn-yj.com,ding@cn-yj.com
Website:http://www.cn-yj.com

Ningbo Yongjia Auto Parts Co., Ltd.

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