2009 exports of auto parts has been a ray of hope

Before experiencing a sharp decline in sales after the recent sales of the automotive market in Europe and America seem to have picked up signs of bottoming out.
Europe and the United States stock market showed a larger increase, investors for the worst is over, the expected economic recovery is very strong. If indeed the gradual revival of the economy, we expect Europe and the United States auto market will pick up, drop the same period last year, at least there will be significantly improved.
Europe and the United States under the financial crisis in emerging parts suppliers closure, as well as in the context of weak demand, high-quality cheap car parts factory to seek a strong will, will be expected to make China's enterprises in the overseas parts of the market share rapidly upgrade.
At present, vehicle manufacturers suppliers attach great importance to the financial situation, especially the cash flow situation. Relatively good financial situation of the Chinese enterprises in overseas markets, the supplier system is receiving increasing attention to Chiang Kai-shek. Parts enterprises in China is expected to parts in the global cards industry stand out, market share growth may be significant, once the overseas car market, and these companies will benefit from clear, there may even be individual parts of the world-class suppliers.
Based on the logic above, we believe that a larger proportion of parts and components exports is expected to grow faster in the future recommend Fuyao, Zhongding shares, another may be concerned about the奥威Wanfeng. Despite our parts and components industry to China in the global cards industry can have a strong confidence come to the fore, but the recovery of overseas markets to determine the exact extent and parts enterprises in China can be obtained in the accounting period of the harvest is still a lack of sufficient basis, therefore profit forecasts are still very cautious, we consider the contribution to earnings in overseas markets, so the current valuation of the higher level of security provided marginal.
Overseas markets is once larger proportion of these enterprises with suspicion and concern by the market, but we feel that the financial crisis brought about by auto parts companies may be more of an opportunity. To break the financial crisis in China over the past hindered the export of auto parts to enter the restricted protectionism and, when standing at the same starting line, with high-quality and low prices, the competitive advantage of Chinese enterprises will be able to be fully demonstrated.