Long-term trends in the new energy sector are becoming clearer as the carbon-neutral and carbon-growth policy continues. Although in the first quarter of 2023, as a result of the decline in subsidies, the demand for new energy vehicles was partially overtaken by the end of 2022, with a sharp drop in the price of lithium carbonate, a drop in the prices of cars, a decline in consumer currency and a slowdown in overall sales of new energy vehicles, the market still believed that the new energy sector was expected to continue to grow at a high rate.

Presently, the 2022 annual and 2023 quarterly reports of the new energy automobile industry market company have ended, benefiting from high-quality vehicle delivery, consumer stimulus policies, the continuation of the new energy industry in 2022, and the demand for downstream throws has also contributed to the steady growth of power battery engines and a high growth in the performance of the upstream lithium resource enterprises.

New energy competitions continue to be a cause for concern today. Orientale securities believe that “in the medium to long term, fuel trucks, refuelling stations will only become the past with the expansion and optimization of the wheel, the continued reduction in the cost of acquisition and use of vehicles. The current global new energy vehicle penetration rate is only 10 per cent, with vast space worldwide by 2030, long-term shortages of mineral resources, battery materials, and the industrial chain remains the magnet of the stars.”

High performance in the upstream chain of sale of whole vehicles

Rapid growth in new energy vehicles has become a global trend. Data show that in 2022, the global distribution of new energy vehicles was estimated at 10.59 million, an increase of about 72 per cent, a slight decrease from 2021, but still a high growth rate under the high base figure.

Our new energy vehicle growth has also been relatively rapid, with more innovative sales. According to CEA data, in 2022, there were 68.7 million new domestic energy vehicles, representing an increase of 95.9 per cent, in the first quarter of 2023, and 26.2 per cent, respectively.

As one of the ends of new energy sources, downstream demand has flourished and industrial chain performance has grown rapidly. In the new energy vehicle industry chain, coverage ranges from upstream resources, lithium power equipment to medium-trip tripolar, iron lithium polar, negative materials, insulated mening, electrolysis, copper arsenic, aluminium arsenic, additives, structural, structural materials, the Tetra supply chain, heat management, batteries, electric power control, and re-entry, bus, filling, storage capacity.

According to the Chinese Securities Survey, 101 listed companies in the new energy automobile industry chain were able to account for a combined operating income of 25,257 billion yuan in 2022, an increase of 59.8 per cent in the same ratio, with a net return of £8 billion, an increase of 139.3 per cent in the same ratio. By the first quarter of 2023, the performance of companies in the new energy automobile chain market had been reversed, with 101 industrial chain-listing firms achieving a combined income of $67.7 billion, a growth of 29.7 per cent, with a net return of $32.5 million, a decrease of 0.4 per cent.

In the area of the new energy vehicle industry chain breakdown, in 2022, batteries, yuan renminbi and iron lithium were most visible, with a growth rate of 12.3 per cent, 98.8 per cent, 36.2 per cent, battery in the first quarter of 2023, iron lithium potassium and storage, respectively, of 70.3 per cent, 58.9 per cent and 47.8 per cent.

In terms of the net profit from the incapacitation of the mother, automobiles, batteries, yuan renminbi, lithium lithium, aluminium plunges and upstream resources have increased. As a result of the boom in downstream demand and rising resource prices, in 2022, the lithium, bauxite and the incapacitation of upstream resources were 8.6 billion yuan renminbi, 1.6 billion yuan renminbi, 63.3 billion yuan renminbi, a 17.4 per cent increase, 398.9 per cent, 33.6 per cent, and in the first quarter of 2023, batteries, storage capacity grew rapidly, with a net profit increase of 49.2 per cent and 32.9 per cent respectively.

In 2022 and in the first quarter of 2023, all vehicles, batteries, upstream resources, withholdings of non-net profit sizes were in the first three. In the case of the withholding of non-net profits, in 2022 net profits in the three above areas accounted for 66.81 per cent of total net profits in the industrial chain. Among these, upstream resource enterprises have the highest profitability, with an increase of 33.6 per cent in the lithium industry, the lithium industry, the cobalt-rich industry, the typhoid cobalt industry, the valorization group, the seven upstream resource enterprises with a new lithium power in 2022, with a net profit of $63.3 billion in 2022, followed by a growth of 33.6 per cent in the automobile and battery sectors, with $321 billion and $32 billion respectively.

In 2022, the average industry rate for 101 listed companies was 24 per cent, with an average rate of 15 per cent for full vehicles, 18.5 per cent for batteries, and 40.7 per cent for upstream resources. In the first quarter of 2023, the average Māori ratio for vehicles, batteries and upstream resources was 14.1 per cent, 19 per cent and 30.6 per cent, respectively. Among these, the average Māori rate of upstream resources has declined significantly, mainly as a result of changes in the price of carbon lithium leading to a decline in business profits.

Improved profitability of new power vehicles

The total income of the entire car block, Biyadi, the Hiroshima Group, the Long-run vehicle, the long-run car and the seven companies of the “small” sector grew by 48 per cent in 2022, with a net profit of 145 per cent. Total income grew by 33 per cent in the first quarter of 2023, with a 10 per cent decline in net profits. In response, the Chinese securities believed that, mainly due to the lower prices of cars and the high expectations of consumers, the volume of sales was lower, affecting net profit levels, and that sales were expected to increase significantly in the second quarter as the price stabilized.

In terms of profitability, the average rate of Māori per block in 2022 was 15 per cent. The size of the non-net profits withheld in the 2022 years of Biyadi, the Hiroshima Group, the Long City automobile, the Longer-Antile and the Light, respectively, is reduced by 17 per cent, 7 per cent, 19.4 per cent, 20.5 per cent, 10.4 per cent, 19.4 per cent and 11.5 per cent.

Biyadi, as a global new energy vehicle, received $42.461 billion in 2022, an increase of 96.2 per cent, as compared to a net gain of 16.622 million, an increase of 45.86 per cent, and a few profitable vehicles in the new energy industry. On the other hand, as a representative of the new forces of the vehicle, three business enterprises were “small”

Although home appliances are already mature products, from a technical point of view, the difference between brands is not great. In fact, it is not. Dealers should be vigilant in the process of business or consumers in the process of purchase. Otherwise, it is really possible to buy unqualified products. This is by no means alarmist.

The weekly quality report of CCTV news channel on February 20, 2022 broadcast the “quality survey of range hood”, some of which were shocking and deeply disturbed the industry. Now is not a mature market, and home appliances are developing towards high-end and quality. Are there so many unqualified products in the market?

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CCTV news channel “weekly quality report” mentioned in the “quality investigation of range hood”. On Friday (February 18), the State Administration of Market Supervision announced the results of national supervision and random inspection of range hood, focusing on 19 items, of which 11 items were unqualified, and the unqualified rate showed an upward trend.

So what are the unqualified products and enterprises? This spot check inspected 65 batches of range hoods produced by 64 enterprises in five provinces and cities, focusing on 19 items. The spot check found that 12 batches of products were unqualified, and the unqualified discovery rate was 18.5%, an increase of 0.3% compared with 2020. The detection rate of unqualified samples increased, and the detection items with problems also increased significantly.

The unqualified items in this random inspection are scattered, involving performance, safety, energy efficiency and other aspects. A total of 11 inspection items are unqualified. A total of 19 items were tested in the national pumping of range hood this time, of which 11 items with unqualified problems accounted for 58%, which is not only related to the use performance of products, but also related to the safety and energy efficiency of products. More items are mainly structure, mechanical strength and protection against touching live parts.

Today, when the government and enterprises attach great importance to high-quality development, there is still a 58% unqualified rate in sampling products, which is difficult to understand and imagine. After all, now that the industry and product technology are so mature and such a high proportion of unqualified products appear, it is by no means a problem of technical ability. The main problem is the subjective will of the manufacturer.

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The State Administration of market supervision and random inspection of the state announced that the range hood, a household appliance closely related to residents’ lives, is a range hood. From the results, it is really not satisfactory. There are problems in the two most important indexes of range hood: air volume and air pressure. In addition, there are unqualified products in noise.

According to the national standard, the tolerance between the measured value and the indicated value of the range hood air volume shall not exceed - 10% of the indicated value, which requires that the measured value of the product air volume shall not be less than 90% of the indicated value. However, during the testing process, the indicated value of the range hood air volume produced by Guangdong Kangxing Electric Appliance Co., Ltd. is 19m3 / min, but the measured value is only 15min, which is 82.26% of the indicated value, It is far from meeting the requirements of national standards.

Among the 65 batches of samples sampled by the state, three batches of samples failed to pass the noise items. Zhongshan Jinzheng Electric Appliance Co., Ltd. and Zhongshan Jinzheng Electric Appliance Co., Ltd. More serious violations of consumers’ rights and interests include unqualified parts that directly affect personal safety. Enterprises involved include Zhongshan Xuedi Electric Appliance Co., Ltd., Zhongshan yingbang Electric Appliance Co., Ltd., Zhongshan Jiatian life Electric Appliance Co., Ltd., Guangdong kanghuo Electric Appliance Co., Ltd. and Guangdong Chuntian Intelligent Technology Co., Ltd.

It can be seen that the quality problem of range hood products has been very serious. Moreover, this is only a spot check. If it is a comprehensive census, the results will be even more embarrassing. According to the survey, the discovery rate of unqualified products in the national supervision and random inspection of product quality generally shows an increasing trend, accounting for 8.3% in 2017, 17.5% in 2018, 22.5% in 2019, 18.2% in 2020 and 18.5% in 2021 respectively. It is worrying that the quality problems remain high.

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From the situation announced by the State Administration of market supervision and sampling inspection, although it is not shocking, it is also very serious, and even threatens the safety of users. For the segment industry of range hood, the random inspection results are both a reminder and warning. The pursuit of a better life cannot be destroyed by such a phenomenon, which is very worthy of the attention and thinking of manufacturers, dealers and consumers.

For the range hood industry, all manufacturers should establish a correct quality awareness and attach great importance to ensuring product quality. Do not fool the market and users with inferior quality and inferior quality in order to obtain the competitive advantage of the market because of the fierce market competition. For example, the manufacturers with problems in the spot check can be said to have been marked as unqualified products in the market, and any further market efforts are in vain. After all, this market is an industry with overcapacity. Once there is a word-of-mouth problem, it will soon be abandoned by the market.

For home appliance dealers, the announcement of the supervision and sampling results is a wake-up call for operators. The market is not as good as expected, and manufacturers are still mixed. Dealers should keep an eye on the choice of brands, not to say that they will operate whichever is cheaper. Instead, we should investigate the whole manufacturer, including brand, scale, quality and other aspects, try to choose the products that operate the top brands in the industry, and avoid the passive operation of non-entry brand products due to quality.

For consumers, they should keep their eyes open and do not be fooled when buying products. They should choose well-known brands, such as Fangtai, boss, vantage, SHUAIKANG and other brands specializing in the production of range hoods. Comprehensive household appliance brands can choose Haier, Midea, Skyworth, Siemens and other brands. Try not to touch those miscellaneous brands. Although they seem very affordable in price, they are not only expensive to use, but also have a high failure rate. In fact, comprehensive accounting is not cost-effective, and even personal safety problems will be caused by poor quality.

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The range hood is not a high-tech product, and its structure is relatively simple, resulting in unqualified products

At the opening ceremony held on the afternoon of December 10, Professor Zou Xiong, Dean and doctoral supervisor of the Law School of sunshine college, delivered a speech on behalf of the organizers. He said that the meeting not only responds to the call of the state to resume production and work, but also meets the needs of the transformation of applied teaching, and will promote the cultivation of senior applied legal talents.

Director Lin Ying, founder of Fujian green home environmental friendly center, spoke on behalf of the organizer. She believes that the seminar not only provides academic exchange opportunities for influential scholars and practical experts in the field of environment across the country, but also is of great significance to promote the legal education of ecological civilization into the campus. This is a new attempt of industry university cooperation and will become a business card of green Fujian.

In the two-day seminar, experts and scholars attended the seminar and exchanged views on topics such as “basic theory of environmental rule of law”, “environmental information disclosure”, “environmental civil public interest litigation and environmental tort litigation”, “public participation in environmental decision-making”, “environmental law clinics in Colleges and universities and the construction of ecological civilization”.

On the afternoon of December 11, Professor Liu Xiang, director of the Litigation Department of the environmental pollution victims help center of China University of political science and law and professor of Hebei Institute of environmental engineering, gave a keynote lecture on how to become an excellent environmental lawyer. Based on the case, he shared his experience of participating in environmental legal practice for 20 years since he participated in the environmental and resource law service center (CLAPV) of China University of political science and law in 1999, and discussed with the participants how to become an excellent environmental lawyer through practical work such as environmental public welfare legal services, enterprise environmental compliance business and government environmental legal counsel, Students are encouraged to participate in the construction of ecological civilization with professional legal services.