Large orders are continuously increasing, and the prosperity of the automobile industry is improving.

Thanks to the good development momentum of the new energy vehicle industry, companies in the industry chain are expected to further share the dividends of industry development. Journalists found that since April, more than 20 A-share automotive parts companies including Kingco, FAWER, and Jindirong have received notifications from downstream customers. In addition to favorable reports on business operations, mergers and acquisitions in the automotive parts industry have also been frequent this year, including companies such as Guangyang, Tianqi Mo, Lingyi Zhizao, and Aicody announcing merger plans in order to promote the upgrading of their core businesses. "Industry chain companies have received a series of fixed-point orders, and the pace of industry mergers and acquisitions has accelerated, showing a thriving trend in the automotive parts industry," said a person familiar with the automotive parts industry. Currently, the domestic sub-sectors of parts have cultivated a number of high-quality global competitive leaders, and the rich functions of intelligent cabins, intelligent driving, and other aspects in the wave of automotive intelligence will bring more opportunities to domestic parts suppliers.