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China Galaxy Securities: Significant effect of the land compensation policy promoting the recovery of the domestic car market.
According to the data from the Ministry of Commerce, as of October 24, the national automobile scrappage subsidy application reached 1.57 million, while the local automobile replacement and renewal subsidy applications reached 1.26 million. The growth rate of local subsidy applications is significantly faster than the national scrappage renewal application, which significantly boosts domestic demand.
BYD applies for trademarks of sea stars, sea whales, sea elephants, and sea cows, potentially adding new members to the marine family.
Sina Technology News, on the afternoon of November 12th, Tianyancha's intellectual property information shows that recently, BYD Co., Ltd. has applied to register trademarks such as "BYD SeaStar," "BYD SeaWhale," "BYD SeaElephant," "SeaWhale," "SeaCow," "SeaStar," with international classification as transportation tools. The current status of the trademarks is pending substantive examination. (Luo Ning)
Express News | BYD has applied for trademarks including sea star, sea whale, sea elephant, sea cow.
Stocks of autos performed strongly in the morning, with dongfeng group soaring 13%, leading the way. The retail prosperity of autos in November is expected to continue to improve.
In October this year, the production of new energy passenger vehicles reached 1.379 million vehicles, a year-on-year increase of 49.9% and a month-on-month increase of 12.6%; wholesale sales reached 1.369 million vehicles, a year-on-year increase of 55.2% and a month-on-month increase of 11.2%.
According to reports, guangzhou automobile group (02238.HK) has withdrawn from the ranks of shareholders of guangzhou guangqi byd new energy passenger cars.
According to internal media reports, Tianyancha data shows that Guangzhou Guangqi BYD New Energy Passenger Cars recently underwent industrial and commercial changes, with Guangzhou Automobile Group (02238.HK) withdrawing from the shareholder ranks. At the same time, some key personnel have also undergone changes. Guangzhou Guangqi BYD New Energy Passenger Cars was established in August 2014, with Chen Daohong as the legal representative and a registered capital of 0.3 billion yuan. Its operation scope includes manufacturing of auto parts and accessories, design services for auto parts, car sales, wholesale of auto parts, electrical utilities installation engineering services, engineering and technical research and development, energy technology research, etc. Shareholder information indicates that the company currently
Express News | Sealand Securities: the continuous manifestation of policy effects + the intensive launch of new cars, actively looking forward to the opportunities in the subsequent autos sector.