Up to March 20, totally 51 auto part enterprises listed in the Stock Markets of Shanghai and Shenzhen released the pre-announcement of annual report regarding the year of 2015. Among them, 19 auto part enterprises predicted to have losses of their net profit. According to maximum amount of variation in the pre-announcement, 23 auto part enterprises encountered a loss of net profit, taking near a half of the 51 auto part enterprises.

To be specific, 6 enterprises predicted to have their net profit increase; 16 enterprise announced to increase slightly; 10 enterprises announced to continue their profit increase after getting rid of the deficit; 5 enterprises predicted to lose; 6 enterprise slightly lost; 7 enterprises encountered deficit, when 1 to be the most unlucky one, to have their deficit increased.

It was observed that the growth of automobile market tended to slow-down due to the impact of macro-economy, which as well brings obstacles to the performance of auto part enterprises. In recent years, China auto part manufacturing enterprises would accidentally reduce the number of their employees, suggesting the weakening position of China’s auto parts with weaker profitability. However, hope is still there since the China Government pays much attention to the development of automobile industry, which is expected to grow in the future.