As competition in the global automotive industry intensifies, market concerns about the financial status of automakers are increasing. The remarks about “Who is Evergrande in the automotive industry” have aroused widespread discussion, causing the market’s concerns about the high debt of Chinese automakers to rise again. In the capital market, the stock prices of listed companies in the automotive sector have plummeted for many days in a row.
- Breaking the “Evergrande Theory in the Automotive Circle”, data demonstrates the resilience of the industry
From the market data, in 2024, China’s automotive industry will reach a new level: automobile production and sales will exceed 31 million vehicles, of which new energy vehicle production and sales will exceed 12.8 million vehicles, ranking first in the world for 10 consecutive years. At the policy level, in order to achieve energy conservation and emission reduction and energy transformation goals, governments of various countries have vigorously supported the new energy vehicle industry, providing favorable policies such as car purchase subsidies, tax incentives, and construction of charging pile infrastructure. Technically, battery life continues to improve, intelligent driving technology continues to iterate, and consumers’ acceptance and recognition of new energy vehicles are also increasing.
In the first quarter of 2025, the financial performance of the leading automakers was strong. The net profits of BYD, Geely, SAIC, and Changan increased by 100%, 264%, 11.39%, and 16.81%, respectively, highlighting the resilience of the industry leaders. Through the in-depth analysis of the industry financial reports and key financial indicators in 2024, it can be seen that the Chinese auto industry as a whole maintains a steady development tone, and the leading companies have built a safety margin in core dimensions such as profitability and cash flow quality.
The so-called “Evergrande theory in the car circle” will eventually be self-defeating in the face of solid financial data and industry resilience. - Smart electric transformation ushered in opportunities, and the “Age of Discovery” opened a new chapter
From the financial report, we can see that China’s automobile industry is not only free of crisis, but also ushered in the best era. At present, China’s auto industry is accelerating its smart electric transformation and seizing historical opportunities to break through. In the wave of reconstructing the global auto industry, Chinese auto companies are setting off a magnificent “Age of Discovery”. From Southeast Asia to Latin America, from Europe to Africa, Chinese auto brands use localized factory construction as an anchor to extend the industrial chain, supply chain and innovation chain to the world, not only breaking through trade barriers, but also reshaping international competitiveness with an ecological layout.
As a benchmark for Chinese companies’ global services, Jilian is empowering auto companies with the entire industrial chain to break through the waves. In Latin America and Europe, Jilian Construction, a subsidiary of Jilian Group, is a smart factory construction service provider. It has currently reached cooperation with many auto companies and auto parts companies to help auto companies build localized production bases. The automotive industry chain companies that Jilian Construction cooperates with include BYD, Midea Welling Automobile, Yanfeng Automobile, Kaiwo Automobile, CATL, Haomai Group, Kuntai, AUX, etc. The projects undertaken include whole-plant planning, factory construction, secondary steel structure, HVAC engineering, and decoration engineering. With rich experience in localized construction and the quality engineering projects it has created, Jilian Construction has become a construction engineering partner recognized by many Fortune 500 companies, and has won praise and recognition from many automotive industry companies and new energy companies.
Project map undertaken by Jilian Construction
The “global layout + local deep cultivation” model has become a key boost for Chinese auto companies to expand into the international market. Jilian always adheres to quality and safety, and with its international construction engineering team and one-stop practical experience in construction engineering, it helps Chinese auto companies upgrade their industries and globalize their layout. In the “Age of Exploration” of rapid progress, it demonstrates the strong strength of Chinese manufacturing and rides the wind and waves to a broader international market.
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