AutoBeta(AutoBeta.net)02/10 Report--

Affected by novel coronavirus's epidemic situation, China's automobile industry has once again suffered a new round of blows, and enterprises in the automobile circle have also taken action one after another to assist Wuhan and Chinese mainland cities in Hubei Province to quell the epidemic and resume production at an early date by donating money and materials. Up to now, the assistance of the automobile circle is still in continuous relay.

On February 10th, Haima Group donated 10 seahorse 8s cars worth 1 million yuan to Zhengzhou first people's Hospital Infectious Diseases Hospital through Henan Charity Federation to "escort" epidemic prevention. Prior to this, Haima Group donated 1 million yuan to the China Red Cross Foundation for the construction of Leishenshan Hospital in Wuhan to support epidemic prevention and control work. Up to now, Haima Group has donated 2 million yuan in materials.

On February 9, Jianghuai Motor donated another 5 million yuan in cash to the Anhui Provincial epidemic Prevention and Control Emergency headquarters to help win the epidemic prevention and control war. On January 29th, Jianghuai Motor announced that it would donate 10 million yuan in cash through the Wuhan Red Cross Society to continue to support epidemic prevention and control work. So far, JAC Motor has donated a total of 15 million yuan in cash.

Dongfeng Motor, which is in the hardest-hit area of Hubei, carried out donation activities three times: on January 23, Dongfeng Motor decided to donate 10 million yuan to Wuhan Charity Federation, becoming the first automobile company to announce the donation. On January 26th, Dongfeng Motor donated another 26 million yuan to Hubei, of which Dongfeng Motor donated 10 million yuan to Shiyan Charity Federation and Xiangyang Red Cross Society. Dongfeng Honda and Dongfeng Limited donated 3 million yuan to Wuhan Economic and technological Development Zone (Hannan District) for medical assistance for epidemic prevention and control in the area. On Feb. 7, Dongfeng Company once again launched the donation, donating 20 million yuan of materials to Hubei to fight the epidemic through the Dongfeng Public Welfare Foundation.

In 2019, many car companies were in a state of loss. Dongfeng Motor, which was in the hardest-hit area of the epidemic, made Dongfeng Motor, whose performance was not optimistic, even worse, with net profit of 332 million yuan in the first three quarters, down 19.76% from the same period last year. However, Dongfeng Motor has helped Hubei many times, which is enough to see the sense of responsibility of this car company.

In addition to car manufacturers, a number of spare parts manufacturers have also donated materials to help prefecture-level cities on the mainland quell the epidemic as soon as possible.

Chevron announced a donation of 2 million yuan to the China Women's Development Foundation through the Chevron Global Community Fund to support China's response to COVID-19 's epidemic prevention and control efforts. The donation will assist the China Women's Development Foundation in providing medical equipment and materials to Hubei Province.

A number of subsidiaries of Guoxuan Hi-Tech donated 8 million yuan to the Hefei Charity Federation for the current COVID-19 epidemic prevention and control work. Li Kun, chairman of Guoxuan Hi-Tech, said that he donated money to the Hefei Charity Federation, hoping to make a modest contribution to win the battle against the epidemic.

On Feb. 8, Schaeffler officials decided to donate 6 million yuan to help fight the COVID-19 epidemic. In addition, Schaeffler Group will actively assist colleagues in China to provide scarce mask supplies.

In addition, some car companies have also announced that they will produce masks by rebuilding their production lines to support the medical supplies that are in short supply on the front line of the epidemic. On February 6th, SAIC General Motors Wuling announced that it would transfer the production of masks to joint suppliers by rebuilding the production line. The rebuilt dust-free workshop will be completed and put into use within this month, with a total of 14 mask production lines. The daily production capacity is expected to reach more than 1.7 million. On February 8, BYD announced that it would build a mask production line. It is understood that BYD's mask production will be arranged at the Baolong plant in Shenzhen. It is expected to produce before and after February 17, with a mask production capacity of 5 million per day by the end of this month. GAC GROUP also said that he is studying plans for processing equipment and production lines for the production of masks to contribute to the prevention and control of the epidemic.

As of the evening of February 10, there were 40249 confirmed cases, a total of 909 deaths, 23589 suspected cases and 3425 cured cases. At a time when the epidemic continues to break out, a number of car companies have donated materials to help quell the epidemic and reduce the spread of the epidemic by extending their return to work and working from home. As a result of the epidemic, automakers and parts manufacturers will be more or less affected, but for now, how to quell the epidemic as soon as possible is the most important. As Cao Wangde of Fuyao Group said, "in the face of the current situation, we should focus on eliminating the epidemic first, rather than putting solving the problems encountered by enterprises in the first place, and then explore ways to solve the problem together when the epidemic is over."

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