· FAW Car's net profit decline is the most serious

In the first half of the year, Geely Automobile became the largest government-subsidized passenger car company in China with a government subsidy of 634 million yuan.

According to the data of the straight flush iFinD, in the first half of the year, the net profit of nearly 7 domestic passenger car listed companies declined. Among them, the net profit of FAW Car decreased by 107.64% year-on-year, the most serious decline. BYD's year-on-year decline of 94.09% followed closely.

On the contrary, FAW Xiali's net profit increased the most in the first half of the year, an increase of 96.05%. SAIC's net profit increased by 25.74%, and Great Wall Motor's net profit increased by 29.9%. However, behind the growth of profits, it is the government's strong subsidies, which makes the decline in performance not so serious.

Government subsidies for blood transfusion

Among the 11 domestic listed companies that manufacture passenger cars, they enjoy a total government subsidy of 1.313 billion yuan.

Although Geely Automobile's net profit in the first half of the year was as high as 1.02 billion yuan, the government subsidy income was as high as 634 million yuan. In addition, car companies that enjoy government subsidies of over 100 million yuan include BYD (subsidies of 220 million yuan), SAIC Group (subsidies of 143 million yuan) and Changan Automobile (subsidies of 100 million yuan). Other car companies have also enjoyed the government's tens of millions of yuan. Subsidy.

The government's fiscal subsidies for domestic passenger car companies are inseparable from the decline in sales of domestic passenger car companies in the first half of the year. According to the data from the China Association of Automobile Manufacturers, the production and sales of passenger cars in the first half of the year were 7,759,300 units and 7,613,500 units, an increase of 7.9% and 7.1% year-on-year. Sales growth is slow.

The sales volume of independent brand car enterprises has declined collectively

Behind the low-speed growth of domestic automobile production and sales in the first half of the year, it was the collective decline in sales of most independent brands. The newspaper learned from Gasgoing Automotive Research Institute that domestic self-owned brand sales in the first half of the year fell 2.1% year-on-year to 1.9900 million units.

Among them, BYD sales fell 11% year-on-year to 209,900 units; Jianghuai Automobile sales fell 27.5% to 90,700 units; FAW Group's sales fell nearly 30% to 165,800 units. Only a few self-owned brand car sales increased slightly in the first half of the year, of which Geely sales increased slightly by 3.6% to 223,200; SAIC's sales increased by 12.2% to 90,000; Great Wall Motor's sales increased by 17.3% to 209,400 Dongfeng Motor's sales increased by 46% year-on-year to 113,800 units.

Behind the decline in sales of autonomous car companies is the result of changes in the domestic consumption environment. First, the purchase restriction of first-tier cities dominated by Beijing, Shanghai and Guangzhou has reduced the sales of cars in first-tier cities, especially for the sales of self-owned car companies in first-tier cities. Restricted purchases allow most car buyers to upgrade to purchase higher-level models, resulting in the sales of domestic and international brands of high-end cars and imported high-end cars not falling, while the mid-to-high-end models are the blank of independent brands. The increase in car-raising costs has led many consumers to abandon their car purchase plans.

Cui Dongshu, deputy secretary-general of the National Passenger Car Association, said in an interview with the Securities Daily that auto purchases will spread in more cities in China, except for second-tier cities such as Guiyang, which have restricted purchases, Hangzhou, Shenzhen, Tianjin, and Chengdu. And the increasingly congested cities such as Xi'an will eventually be restricted, which is only a matter of time.

"Restricted purchase will bring a double bottom to the domestic auto market in the second half of the year. This year, the gold, silver and silver ten of the domestic auto market will cease to exist. For the remaining four months, even if manufacturers and dealers rely on price wars, it is difficult to complete the full set at the beginning of the year. Annual sales target. "Su Hui, president of the China Automobile Distribution Association Automobile Branch, believes.

Concrete Planetary Mixer

DMP Series Planetary Concrete Mixer is suitable for all high quality concrete with high speed (hard, semi-hard and plastic concrete). It`s can be used not only for concrete mixing, and also mix glass, ceramic, refractory materials and other products.