Citic Securities: continue to suggest seizing the opportunity of high-quality targets in the global electrified supply chain

[Citic Securities: continue to suggest seizing the opportunity of high-quality targets in the global electrified supply chain]-Citic Securities Research report pointed out that in April, domestic new energy vehicle sales were 636000, month-on-month-2.6%, and + 112.8% compared with the same period last year. New energy vehicle market demand has recovered significantly. Overseas, European electric car sales came under pressure in April, growing by about 20% year-on-year, down from a month earlier, but the overall electrification rate rose slightly. In the long run, the global new energy vehicles maintain the growth momentum, and the current time continues to suggest that we should seize the opportunity of high-quality targets in the global electrified supply chain, especially BYD, Ningde era and LG chemical supply chain.