China's auto and spare parts exports are mixed and the whole vehicle is far less popular than parts and accessories. Some auto parts and accessories not only have been exported through traditional channels under the line, but also used new channels such as the Internet and mobile platforms to accelerate access to overseas markets.

Shenzhen City Yuan Zheng Technology Co., Ltd. (02488.HK, hereinafter referred to as "Yuan Zheng") Liu Cheng, head of the company has a deep understanding of this. In recent years , the rapid growth of overseas auto aftermarket has driven the rapid growth of related parts and components and accessories, even exceeding his expectations.

“In March this year, I just started to cooperate with an international e-commerce company to expand the overseas business of the mobile terminal. In just a few months, we have received millions of overseas orders. The overseas auto market is much maturer than the Chinese auto market, and the European and American autos The user's DIY capability is strong, and the demand for small-sized equipment such as automobile detection, beauty, and maintenance is strong.” Liu Cheng told reporters that the overseas auto market has developed rapidly. With the continuous development of the business, the company began exploring the online mode two years ago. At present, through the mobile terminal exports are mainly small parts and accessories, large-scale equipment temporarily can not be exported through the mobile terminal to overseas, involving logistics, warehousing, installation, service and other aspects, and other aspects of rationalization and the development of car networking speed, the future The outlook for overseas auto parts market is even more impressive.

Yuanzheng is a company that engages in the research, development, production and sales of automotive diagnostics, testing, and maintenance products. Its operating revenue last year was 678 million yuan. Liu Cheng told reporters that Yuan Zheng started in 1993 from the domestic market and entered the international market in 2001. Now the company's domestic and foreign markets each account for half.

In recent years, domestically-manufactured automobile spare parts have even squeezed into the procurement list of high-end automobile manufacturers. At the beginning of this year, Aston Martin, a British supercar manufacturer, recalled nearly 18,000 sports cars due to the hidden quality of accelerator pedals, and pointed out that the problem is that the accelerator pedal is manufactured and supplied by Shenzhen Kexiang Mould Co., Ltd. despite Shenzhen Kexiang Mould. Zhang Zhiang, who is responsible for the company's limited company, has repeatedly denied this, and the final investigation results have not yet been introduced. However, from the side of this recall incident, Chinese parts and components have occupied an increasingly important market position in the global automotive industry.

With the influx of multinational car companies into the Chinese market and the gradual growth of local car companies, Chinese auto parts and accessories companies have also rapidly grown. A person in charge of a car repair company told the reporter of the “First Financial Daily” that apart from the engine and other core parts, other automobile parts and components can be basically found from Chinese manufacturers, and the level of Chinese parts manufacturing is improving very quickly, not only supplying domestic Enterprises, the overall competitiveness in the international market is also rapidly rising.

According to data released by the US during the trade war between China and the United States, in the aspect of auto parts trade, China’s auto parts exports to the United States have increased by 700% in the past 10 years, accounting for US parts and components imports. Its share increased from 2% to more than 10%. According to the latest data from the Indian Automobile Parts Manufacturers Association (ACMA), due to the long-term downturn in the domestic automobile market in India, the import volume of auto parts in the country fell by 5% year-on-year to 12.7 billion U.S. dollars in 2013, but China remained the same last year. The largest source of imported parts for India’s parts and components has exported a total of US$2.62 billion worth of auto parts to India, a year-on-year increase of 10%. India’s parts imported from China are mainly aftermarket components.

This year, China's auto parts and components have maintained a steady growth momentum. According to data released by the General Administration of Customs, China’s total exports of automobile parts and components amounted to US$ 19.374 billion in the first five months of this year, a year-on-year increase of 10.7%. In the same period, China’s total exports of automobile and automobile chassis were 360,000 units, amounting to US$ 4.839 billion. Compared with the same period of last year, they respectively decreased by 6.6% and increased by 2.4%.

At present, with the continuous expansion of the market and changes in consumption habits, auto parts and accessories are no longer limited to the original sales channels, and trade at the fingertips has begun to rise. Global business and payment company eBay recently released mobile commerce report shows that as of the first quarter of 2014, 40% of eBay's total commercial transaction volume is related to mobile devices, that is, users access or embark on mobile devices, and are distributed globally through eBay mobile platforms. The number of goods exceeds 620 million. Among them, in 2013, eBay achieved $22 billion in transactions through mobile devices, and auto parts category was among the top five categories of sellers' mobile trading volume in the Greater China region of eBay platform.

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