AutoBeta(AutoBeta.net)06/03 Report--

The first thing that comes to mind about the rise in stock prices is good news. According to the latest May sales data released by SAIC GM Wuling a few days ago, the sales performance of Wuling both at home and abroad has increased to a certain extent. It is normal to stimulate Wuling's share price to rise.

However, according to the latest share price of Wuling Motors in Hong Kong today, its share price soared to 120% in the afternoon, with a turnover of more than HK $34 million. If it is simply because of the increase in sales, Wuling Motor will not have such a big increase. In this regard, after understanding that Wuling Motor shares skyrocketed today is a concept called "stall economy".

Perhaps we do not understand the concept of "stall economy". Due to the continuation of the COVID-19 epidemic, the national economy has been seriously affected, especially the consumer economy, which is active at the bottom, making some people seem to have experienced an ordeal.

In order to achieve economic recovery, a few days ago, the central government set a tone: "setting up land stalls" is legalized, making it clear that road management, road markets, and mobile traders are no longer included in the evaluation and assessment of civilized cities, and measures such as opening up special venues for vendors to provide convenient conditions for the operation of mobile vendors.

Because the liberalization of the stall economic policy can support employment, and it can also become a new driving force of economic recovery, driving up employment on the one hand and consumption on the other.

In this regard, with the continued popularity of the concept of "stall economy", on June 2, "Wuling Special purpose vehicle" issued an article through the official WeChat, "Wuling Wing opens the sale of trucks-- the formal main force of the stall economy!" According to the article, Wuling will introduce the sale of trucks, which will help the economy and quickly attract the attention of the market.

According to reports, this is a truck with a height of 2.26m and a space of 5300L. The trunk can support the left and right side doors and back doors to turn upwards at an 85-degree angle, expanding the sunshade and rain shielding area, and cooperating with the design of the backflow trough. Rain Water can be quickly drained outward without backfilling. The lower side plate is equipped with hooks that can be tiled and used, which has strong bearing capacity and expands the area of the cargo platform.

I have to say, this can basically be seen as a mobile "stall", which perfectly meets the market demand of the "stall economy". To this end, with the emergence of Wuling trucks, it has also been praised by many netizens and said, "Wuling produces whatever the people need."

Of course, it is also very timely for Wuling to chase hot spots, just like the previous Wuling masks made Wuling Motors achieve a lot of profit growth, and with the implementation of the current "stall economy", Wuling "ground stalls" selling trucks may enable it or a certain market demand to boost sales.

However, under the current epidemic, the demand for the stall economy is only temporary. As the economy gradually recovers, perhaps urban management will also return to the right track. Moreover, liberalizing the "stall economy" does not mean letting go, and urban management is also indispensable. As for the demand for Wuling "ground stalls" to sell trucks, how much performance will also wait for time to test.

According to the latest SAIC GM Wuling sales data, domestic production in May was 110000 vehicles, up 59% from a year earlier, while domestic sales exceeded 120000 vehicles in May, up 11% from a year earlier. In overseas markets, SAIC GM Wuling exported a total of 13588 vehicles from January to May, an increase of 47.7% over the same period last year.

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