“The recent gains of BYD (002594.SZ/01211.HK) have not been significantly related to its three quarterly results. It is likely that the recent rumored “Energy Conservation and New Energy Vehicle Industry Planning (2011-2020)” (hereinafter referred to as Planning) will be introduced soon and BYD pure electric car E6 listed on the drive.” November 1, National Securities chief auto industry analyst Cao He said in an interview with this reporter.

Just announced the three quarterly report of BYD ushered in rising market for two consecutive days, following yesterday's A shares rose 5.10%, today's A shares afternoon limit, to close at 25.14 yuan. At the same time, BYD H shares also rose sharply for two consecutive days, today closed at 20.05 Hong Kong dollars, an increase of 4.97%.

According to recent news, the "plan" has been submitted to the relevant state agencies for review and will be introduced by the end of the year. Since the discussion started in 2009, "Planning" has not yet been introduced for two years. The long-term "in production" state affects all parties.

Cao He predicts, “Even if the opinions of all parties are not uniform, it will be difficult to introduce this year, and the “planning” will be delayed for a long time. However, before the “two sessions” next year, it must also be concluded. Otherwise, the development direction of the new energy auto industry will become increasingly different. ."

The recently published "Realistic" magazine, which published an important article by Premier Wen Jiabao, stated that the current direction and ultimate goal of new energy vehicles are not very clear, including technical route issues and key core technical issues. This also puts a lot of pressure on the relevant departments set up in the "Planning".

In addition, news from the Electric Vehicles Subcommittee of the China Automobile Engineering Society also stated that the industry-acclaimed “Outline Outline for Electric Vehicles” has been officially written and is only to be formally released. Li Shengmao, a senior research fellow at China Investment Consulting Co., Ltd., said that “the release of the electric vehicle industry standard will solve many problems in the process of large-scale promotion and application of domestic electric vehicles and will certainly accelerate the development of the industry. This is of great significance.”

BYD apparently spotted this important time node. By the end of October, BYD E6 was officially listed as China’s first pure-electric vehicle for private sales, with a continuous driving range of more than 300 kilometers. It is currently the longest-running pure electric vehicle in the world. It also became one of BYD's iconic products that tried to mass-produce electric cars.

Li Shengmao said, "When BYD plans to introduce pure electric vehicles for individual consumers when the "Plan" is about to come out, it can achieve the effect of preheating the market ahead of schedule, which will help it maintain its first-mover advantage in domestic new energy vehicles. The negative news continues. At this time, the S6 will be launched. It will also use its achievements in the field of new energy vehicles to enhance its brand image."

However, BYD’s plans to use new energy to re-emerge have not been backed by brokers for the time being, and so far there have been few organizations that have increased their judgment on BYD. The aforementioned Cao He stated to the reporter that “The electric vehicle business is still in the promotion stage. At present, it still needs a large amount of investment, it is impossible to reach the stage of scale, and it is even less likely to make a greater contribution to BYD's profitability.”

In addition to BYD, today's new energy automotive and Lithium electronics stocks are among the biggest gainers, including the just-announced limit of 1 billion yuan for the development of auto lithium electronics business (Chengfei Integrated (002190.SZ)), camel shares (601311.SH), and Germany. Race battery (000049.SZ), Jiangte Motor (002176.SZ), etc. have seen a significant increase.