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 May, domestic new energy vehicles sold 717000 units, + 12.74% month-on-month and + 60.2% compared with the same period last year. The market of new energy vehicles has gradually returned to steady development, consumers' wait-and-see mood has improved, and demand continues to recover. Overseas, electric car sales in Europe picked up somewhat in May, up nearly 40% from a year earlier and + 29.76% month-on-month, with the overall electromotive rate rebounding slightly seasonally. 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.