BOB·半岛

A strong car component is a strong car. With the gradual opening up of the after-sales system for automotive parts by the country, capital seems to have sensed the enormous potential hidden in this field. Since 2014, industrial investment funds have set their sights on the automotive parts industry.

In early December 2014, Chongqing High tech Venture Capital's Liangjiang brand automobile industry investment fund was officially established in Liangjiang New Area, Chongqing. It is reported that Chongqing is planning a 2780 square kilometer automobile city. Chongqing will gradually improve its supporting facilities and is expected to form a reasonably matched automobile industry structure by 2017. In the near future, Liangjiang New Area will take new energy vehicles and intelligent vehicles as important directions and levers.

In recent years, new changes in the automotive industry such as intelligence, connected vehicles, and new energy vehicles have brought better opportunities for capital to enter. In the view of Chen Shou, Vice President of Hunan University, when developing these new technologies, the power of individual enterprises is often very limited, and technological change requires the joint promotion of multiple resources. Chen Shou believes that financial capital at this time often becomes an important link for integrating various resources.

In July 2014, BYD announced the establishment of the Zhongke BYD New Energy Vehicle Industry Investment Fund in Qianhai, Shenzhen, in collaboration with Zhongke Investment Group. The total amount of funds was 1 billion yuan, mainly used for the construction of charging pile facilities throughout the country. In the next three to five years, Zhongke Investment Promotion will lay out charging facilities in the 88 new energy vehicle pilot cities approved by the State Council, and will expand to more cities in the future.

It can be said that China's automotive parts industry is giving wings to capital. According to Wang Dazhong, Chairman of Chunhui Investment Management Co., Ltd., as venture capitalists, they have been actively seeking overseas M&A projects for domestic auto parts companies that urgently need transformation and upgrading. In 2013, Chunhui Investment helped domestic auto parts companies acquire four international auto parts companies and participated in joint investments. The combination of the automotive parts industry and financial capital is a necessary path for domestic automotive parts companies to undergo a second transformation, which contains unlimited business opportunities.

Chen Shou, Vice President of Hunan University, believes that finance is a catalyst and multiplier. Only by approaching the industry from the perspectives of capital and trading platforms can the development of the automotive parts industry better demonstrate exponential amplification effects, even geometric amplification effects.

Zhang Xin, Executive Director of the Mergers and Acquisitions Financing Department of Guotai Junan Investment Bank, encourages automotive parts companies to choose the New Third Board platform with lower entry barriers and more convenient investment and financing for financing.

According to statistics from the China Association of Automobile Manufacturers, the scale of automotive repair parts in China reached 1.6 trillion yuan in 2014, maintaining a high-speed growth rate of nearly 30% annually in the past decade. At present, there are 81 listed companies in the A-share market for automotive parts, with a total operating revenue of 274.333 billion yuan in the first three quarters of 2014. Since 2014, nine automotive parts companies including Beite Technology and Pengling Co., Ltd. have gone public through IPOs.