ChinaAMC CSI Auto Components Thematic ETF

Zheshang Securities Maintains Buy Rating on Sanhua Intelligent Controls, Optimistic About Robot Business Breakthrough

JPMorgan Chase Increases Stake in Fuyao Glass by 458,638 Shares on May 12, Holding Reaches 14.03%

US Department of Homeland Security Raided Fuyao Glass Factory Last Year

Zhisheng Intelligent Control Focuses on Environmental Thermal Management Solutions

China's Narrow Passenger Vehicle Retail Sales Fell in April

Zhisheng Intelligent Control Q1 2026 Revenue and Net Profit Growth Slowed Significantly

Sanhua Smart Control Announces Q1 2026 Earnings: 15% Net Profit Growth Target Remains Unchanged

CICC Reports: Zhonghua ZhiKong Q1 Earnings Meet Expectations

BofAS Cuts Profit Forecast and Maintains 'Underperform' Rating for Sanhua Smart Control

China's Auto Industry Price War: From Marketing Strategy to Survival Instinct

Sanhua Smart Control Advances Liquid Cooling for Data Centers and Energy Storage

Sanhua released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 7.774 B (forecast CNY 7.872 B), actual EPS CNY 0.22 (forecast CNY 0.2358)

Tuopu Group released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 6.628 B (forecast CNY 7.099 B), actual EPS CNY 0.32 (forecast CNY 0.3409)

HASCO released FY2026 Q1 earnings on April 28 Pre-Market (BJT), actual revenue CNY 40.18 B (forecast CNY 41.23 B), actual EPS CNY 0.395 (forecast CNY 0.4187)

Inovance released FY2025 Q4 earnings on April 27 (BJT), actual revenue CNY 13.44 B (forecast CNY 14.31 B), actual EPS CNY 0.2852 (forecast CNY 0.4552)

Inovance released FY2025 annual earnings on April 27 (BJT), actual revenue CNY 45.1 B (forecast CNY 45.7 B), actual EPS CNY 1.85 (forecast CNY 2.0126)

Sailun Group released FY2025 Q4 earnings on April 27 After-Market (BJT), actual revenue CNY 9.205 B, actual EPS CNY 0.1998

Inovance released FY2026 Q1 earnings on April 27 Pre-Market (BJT), actual revenue CNY 10.14 B (forecast CNY 10.37 B), actual EPS CNY 0.37 (forecast CNY 0.515)

YINLUN released FY2026 Q1 earnings on April 27 During-Market (BJT), actual revenue CNY 4.245 B, actual EPS CNY 0.25

Desay SV released FY2026 Q1 earnings on April 27 After-Market BJT, actual revenue CNY 6.495 B (forecast CNY 8.584 B), actual EPS CNY 0.77 (forecast CNY 1.0195)

Pinned News

置顶新闻

Hesai returns to profit in Q1 FY26; revenue rises 29.6% to RMB 680.6 million

HSAI

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Hesai Group reported Q1 FY26 net revenue of RMB 680.6 million, a 29.6% increase year-over-year, with net income of RMB 18.3 million. Lidar shipments exceeded 471,723 units, while ADAS shipments surpassed 353,441 units. Gross margin decreased to 39.1%. The company was named a strategic lidar partner for Mercedes-Benz, projecting Q2 revenue between RMB 850 million and RMB 900 million.

PUBT

Hesai

HESAI-W

Ping An CSI Auto Components Thematic ETF

ARK Autonomous Tech & Robotics ETF

Guotai CSI 800 Automobile and Parts ETF

E Fund CSI Auto Components Thematic ETF

Mercedes-Benz Group AG

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CLSA reported that LEAPMOTORrecorded a net loss of RMB390 million in 1Q26, aligning with expectations. Despite weak profitability, sales are expected to rebound in Q2, with a raised forecast for 2026 domestic and export sales to 721,000 and 178,000 units, respectively. However, earnings forecast was lowered due to potential cost pressures. The Outperform rating and target price of HKD60 remain unchanged.

AASTOCKS News

LEAPMOTOR

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Hua Xia CSI New Energy Vehicles ETF

HFT CSI Auto Components Thematic ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

CLSA: LEAPMOTOR  1Q26 Results In Line; Slightly Raises Full-Year Sales Forecast

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IMOTIONTECH announced that its revenue for the four months ending April 2026 increased by 162.6% year-on-year to 400 million yuan, gross profit increased by 571.9% to 37.29 million yuan, and gross margin rose to 9.32%. Operating loss narrowed by 54.7% to 57.78 million yuan, and loss attributable to shareholders narrowed by 51.9% to 60.73 million yuan. The revenue growth was mainly due to the mass production and delivery of multiple automotive projects, with product sales volume increasing by 243.3%. The stock price opened higher on Monday, reported at HKD 3.95, up 8.52%

BambooWorks

IMOTIONTECH

GEELY AUTO

DONGFENG GROUP

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Geely Auto

News: Product delivery volume surged, IMOTIONTECH's revenue in the first four months increased by 1.6 times

CARZ

Citi has lowered LEAPMOTOR's target price from HKD100 to HKD98, maintaining a Buy rating. The company's profitability in Q1 met expectations, but gross margin fell short due to a higher sales proportion of lower-priced B-series models. Citi anticipates a rebound in gross margin to 12-13% in Q2, supported by increased vehicle deliveries and the introduction of the D19 model. LEAPMOTOR is expected to break even in Q2 after accounting for R&D and selling expenses.

First Trust S-Network Future Vehicles & Tech ETF

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Citi Cuts LEAPMOTOR  TP to HKD98, Expects Breakeven in 2Q

Leapmotor's stockopened with a 3.23% decline. According to Jin10, the company reported a net loss of 3.9 billion RMB for the first quarter of 2026. The increased loss compared to the previous year is attributed to a decrease in gross profit and higher expenses.

CoinLive

Leapmotor's Q1 2026 Net Loss Widens by 3.9 Billion RMB

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Stellantis and Dongfeng have signed a $1.2 billion deal to produce Peugeot and Jeep vehicles in China, supported by local industrial policies. This agreement is part of Stellantis' long-term strategy to enhance its presence in the Chinese market and includes plans for new energy vehicles. The partnership aims to leverage both companies' strengths and R&D capabilities, marking a return to Jeep production in China after a previous joint venture ended in 2022.

Asiaone

Stellantis NV

DFAC

Ping An CSI New Energy Vehicles Industry ETF

GAC GROUP

GAC Group

Stellantis and Dongfeng in $1.5b deal to make Jeeps, Peugeots in China

Leapmotor has confirmed plans to launch a second brand, expected to debut by the end of this year, targeting the high-end EV market with models priced above 300,000 yuan. The company reported a revenue increase of 8% year-on-year in Q1, but faced a widening net loss. Leapmotor aims to establish an independent sales network for the new brand, separate from its current offerings.

CnEVPost

Leapmotor confirms second brand plans

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BYD chairman Wang Chuanfu announced that the company expects monthly sales to rise as battery capacity improves, despite current tightness. In April, BYD sold 321,123 units, a 6.96% increase from March but a 15.51% year-on-year decline. The company is launching new models with advanced technologies to combat a price war and has seen record overseas shipments. However, net profit fell 55.38% in Q1 due to market pressures.

- BYD chairman Wang Chuanfu announced that the company’s battery capacity is currently tight as several key models ramp up production, impacting overall deliveries.  
- Despite an 8-month decline in year-on-year sales, BYD expects monthly sales to rise as battery supply improves, with sales reaching 321,123 units in April.  
- The automaker is launching new models featuring advanced technologies to enhance competitiveness, while facing challenges from a price war and declining profits.

BYD Company

BYD COMPANY

BYD Company Limited

CATL

BYD HK SDR 10to1

BYD COMPANY-R

CATL HK SDR 30to1

BYD sees monthly sales climbing on battery capacity ramp-up

Zhejiang Leapmotor Technology Co., Ltd. reported Q1 2026 revenue of RMB10.82 billion, an 8% increase year-on-year, but faced margin compression with gross margin dropping to 9.4%. The company incurred a net loss of RMB390 million despite a 25.8% rise in vehicle sales to 110,155 units. Leapmotor's international expansion is highlighted by record overseas deliveries. Analysts rate the stock as a Buy with a target price of HK$76.60.

Tip Ranks

Leapmotor Grows Q1 Revenue and Sales but Margins Compress Amid Cost and Mix Pressures

China's Shenzhen Auto Show is set to take place from May 29 to June 7, following the record-breaking Beijing Auto Show. The event will feature an exhibition area of 300,000 square meters, slightly smaller than Beijing's 380,000 square meters. Yangwang, BYD's luxury brand, will showcase its latest models. The show aims to promote interactive car culture, including a large gathering for car enthusiasts on May 30. The Beijing Auto Show attracted 1.28 million visitors and highlighted advancements in intelligence and electrification technologies.

- The Shenzhen Auto Show will take place from May 29 to June 7, following the record-breaking Beijing Auto Show.  
- With an exhibition area of 300,000 square meters, the event aims to promote an interactive car culture, featuring a large gathering for car enthusiasts on May 30.  
- BYD's luxury brand Yangwang will showcase its latest models and engage consumers through various official channels during the show.

China's next major auto show approaches following record-breaking Beijing event

ChinaAMC CSI Auto Components Thematic ETF(562700.SH)