Resolutely not to cooperate with China? Modi: Don't import auto parts from China, but the reality is more slap in the face.
Release time:
2024-04-22 13:43
Source:
Securities Star Data Center News, the new coordinates rose and closed, closing price of 21.85 yuan. The stock rose at 9: 56 and did not open the trading limit. As of the closing, the closing capital was 17.1686 million yuan, accounting for 0.59 of its circulating market value.
The stock was a hot stock of auto parts, two-wheelers, and sewage treatment concepts. The auto parts concept rose 0.36 percent on the day and the two-wheeler concept rose 0.07 percent.
The investment logic of the stock is as follows:
1. The domestic leader in the subdivision of cold precision forging and the domestic leader in the engine valve train account for about 25% of the automobile market. The company's products include precision cold forgings for valve group, precision cold forgings for valve transmission group and other precision cold forgings. In 19 years, the revenue of auto parts was 0.316 billion yuan, accounting for over 90% of the revenue.
2. In March 21, the company has obtained the fixed point of BMW motorcycle, and the products are currently in the sample delivery stage. The company is now also a qualified potential supplier to Daimler.
3. In July 19, the interactive platform said that water treatment was the company's research and development team.
India is doing its duty as a follower of the United States, especially in the fight against China, they are completely happy to do so. After the United States imposed import and export restrictions on related fields and enterprises in China, India also began their imitation show. According to a report by the Russian Satellite News Agency today, the Indian authorities have publicly shouted to Indian automakers, calling on them not to import electric car parts and other auto parts from China.
The news was conveyed by Kant, chief executive of India's National Institute of transformation, a think tank responsible for India's national policy and directly responsible to the prime minister. In his speech, Conte stressed that India needs to break the supply chain of India's automobile manufacturing industry, strengthen product localization, and reduce its dependence on imports, especially China.
Conte pointed out that the transition to electric vehicles is inevitable, but Indian automakers should ensure their "strategic position" in the global value chain ". It is not difficult to see that India's ambition and tone are not small, but it is hard to say whether their strength can support their ambition. Especially when electric vehicles are not yet fully popular, their plan and strategy may have to wait a long time to be implemented.
What's more, their decision to keep China out of the door and work behind closed doors has doomed their development path to be infinitely bumpy, and there is no room for others to talk about development and growth. Moreover, China's research in this field has indeed made small achievements, and with the support of national policies, this research will be further deepened.
Therefore, Modi wants to boycott the import of electric vehicle parts from China, which is completely blindly resisting China regardless of the actual situation, and this also affects the interests of Indian automakers to a certain extent. As we all know, China and India have cooperation in many fields, and China has always adhered to the principle of mutual benefit, and the export price can be regarded as high quality and low price among its peers.
However, the Modi administration and the Biden administration have always vented their anger through one nose. Even if they know that Washington will abandon its allies for its own interests, India will also "never leave". Of course, you will never wake up and pretend to sleep. Since Modi chose to walk to the dark, he should pay for his choice. Previously, the United States insisted on imposing sanctions on Chinese companies and found a reason for "endangering national security" to attack Chinese companies, but now they have regretted it.
In an effort to save the situation, Washington has recently given some U.S. suppliers the green light to issue licenses to Huawei to sell automotive chips. The purpose is nothing more than to re-build bridges, do business with China to make Chinese money, and stimulate the economic market in the United States that has been depressed by the epidemic. However, in addition to the epidemic, the U.S. economic market is shrinking, and the difficulty of doing business in the United States is facing bankruptcy and the White House's China policy has a lot to do with it.
From former US President Trump to current President Biden, they all pursue a policy of suppression of China. This is mainly reflected in the ban on Chinese enterprises and the ban on importing products from China. But in fact, these tricks of the United States are shooting themselves in the foot. Because even if China is affected to a certain extent, the problem is not too big, but most American companies are different. Most of them mainly rely on the Chinese market and Chinese partners, and they have made a lot of money from Sino-US cooperation in the past.
So now the U.S. would rather fan its face than still relax restrictions on Huawei and let U.S. companies work with it. By comparison, India's approach is obviously unable to keep up with the pace of the United States. Clearly, the eldest brother of the United States has begun to find ways to make up for its mistakes. India is still imposing a "ban order" on China here, which is simply foolish.
The new technology independently developed by the team, which provides a water treatment composite sterilization method, using bromine/iodine resin and electrochemical method to double sterilization of water, high efficiency, low cost, long life, high reliability, this technology has been submitted for invention patent application and entered the substantive examination stage.
From the perspective of financial situation, the new coordinate 2021 report shows that the company's main operating income is 0.214 billion billion yuan, up 43.12 percent from the same period last year; net profit attributable to the parent is 76.8647 million billion yuan, up 18.95 percent from the same period last year; non-net profit is 72.3563 million billion yuan, up 56.22 percent from the same period last year; debt ratio is 9.38 percent, investment income is 962800 yuan, financial expenses are 766300 yuan, and gross profit margin is 63.74.
The Securities Star valuation analysis tool shows that the stock has a good company rating of 3 stars, a good price rating of 3.5 stars, and a comprehensive valuation rating of 3.5 stars.
Disclaimer: The relevant content is based on public big data analysis and does not constitute investment advice. The stock market is risky and investment needs to be cautious.
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