In August, the sales volume of commercial vehicles doubled for the first time in the year, and Deutsche Bank's market outlook is expected.

According to the latest news from the press conference of China Automobile Association, the production and sales of commercial vehicles in August achieved positive year-on-year growth for the first time this year. This is also the first year-on-year double growth since April 20021. The analysis pointed out that with a number of mature infrastructure construction gradually forming physical quantity, the production and marketing situation of commercial vehicles will gradually improve. As the service leader of commercial vehicles, Deutsche Bank Tianxia (024 18. HK) is also expected to rebound in performance.

Stimulated by infrastructure, the commercial vehicle market is expected to gradually improve.

Recently, infrastructure investment has increased and policies have continued to exert strength. Since June this year, the the State Council Standing Committee has successively issued two policies: increasing the credit line of policy banks by 800 billion yuan and issuing development financial bonds by 300 billion yuan to supplement the capital of major projects including new infrastructure. It is estimated that the annual growth rate of infrastructure investment will remain at around 8%, which will greatly stimulate the commercial vehicle market.

The state has accelerated investment in transportation infrastructure, started a new round of rural road construction and reconstruction, vigorously transformed dangerous rural bridges, increased support for the logistics hub of the integrated three-dimensional transportation network project along the Yangtze River, coastal areas and ports and shipping, increased financial support for key projects and key cities, established a more perfect national logistics system, and promoted social and economic growth.

The analysis pointed out that the state has done a lot of work in promoting infrastructure construction. We believe that the physical quantity of infrastructure facilities will be formed in the fourth quarter at the earliest, which will further promote the growth of commercial vehicle production and sales, so it can be judged that the production and sales of commercial vehicles will gradually improve.

As a leading stock in commercial vehicle services, Deutsche Bank World is also expected to see a rebound in performance in the second half of the year. Deutsche Bank's business covers three major areas of the commercial vehicle market: logistics and supply chain services, supply chain financial services and car networking services, providing services for the entire industrial chain of commercial vehicles, covering the entire life cycle of commercial vehicles.

According to the announcement, in the first half of 2022, Deutsche Bank achieved revenue of RMB 65.438+0.4298 billion, a decrease of 23.6% compared with 202. 1 in the same period. The net profit was about RMB 1. 1.77 million yuan, compared with RMB 224.8 million yuan in the same period of last year. The epidemic situation in the first half of the year affected the normal operation of the company to some extent.

In order to quickly adapt to the changing market environment, Deutsche Bank has taken many special measures to assist qualified customers and support business operations, and continues to focus on upgrading the company's business products to maintain our competitive advantage and diversify the company's customer base.

Focusing on service, the layout of the whole industrial chain can be expected in the future.

China is the largest commercial vehicle market in the world with great development potential. Deutsche Bank Tianxia is a major participant in the commercial vehicle service industry and market in China, and it is also a scarce value-added service provider that can provide integrated and comprehensive solutions around the entire industrial chain of commercial vehicles.

Relying on the leading position of the parent company Shaanxi Automobile Group in the domestic heavy truck industry chain, Deutsche Bank's current business is divided into three parts, covering logistics and supply chain services, including commercial vehicle supply chain business, vehicle sales business and aftermarket product business; Supply chain financial services sector, including financial leasing business, factoring business and insurance brokerage business; As well as car networking and data services.

Deutsche Bank's business covers the whole industrial chain of commercial vehicles in terms of logistics, capital flow and information flow, which greatly meets the needs of upstream and downstream customers in the industrial chain of commercial vehicles, such as spare parts suppliers, commercial vehicle manufacturers, commercial vehicle dealers, individual car owners, logistics fleets and enterprises, supply enterprises and government regulatory agencies.

With the continuous recovery of commercial vehicle production and sales in the second half of the year, the performance of Deutsche Bank World is also expected to pick up, and the development of the market outlook is expected.

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