[5.14Lithium Express] three departments adjust the technical requirements for new energy vehicle products exempt from vehicle purchase tax * China Automobile Association: April car sales of 2.252 million SUV far surpassed that of cars.

[three departments adjust the technical requirements for new energy vehicle products exempted from vehicle purchase tax] the Ministry of Industry and Information Technology, the Ministry of Finance and the State Administration of Taxation adjust the technical requirements for new energy vehicle products exempted from vehicle purchase tax. The pure electric driving mileage of plug-in (including incremental) hybrid passenger vehicles should meet the conditional equivalent all-electric mileage of not less than 43 kilometers. Other technical requirements for new energy vehicle products exempted from vehicle purchase tax will continue to apply.

[the Ministry of Industry and Information Technology intends to issue the catalogue of Energy Saving New Energy vehicles enjoying vehicle and vessel tax deductions (27th batch)] on the "Road Motor vehicle production Enterprises and products announcement" (344 batch) and "enjoy the preferential treatment of vehicle and vessel tax concessions". Publicity of the contents of the catalogue of new energy-saving vehicles for the use of new energy vehicles (the 27th batch). In accordance with the relevant requirements of the notice of Road Motor vehicle production Enterprises and products and the notice of the Ministry of Transport of the Ministry of Finance, General Administration of Taxation, Ministry of Industry and Information Technology on preferential policies for energy-saving new energy vehicles and vessels to enjoy vehicle and vessel tax (Finance and Taxation (2018) 74), The contents to be released in the announcement of Road Motor vehicle production Enterprises and products (batch 344) and the catalogue of energy-saving vehicles using new energy vehicles enjoying the preferential treatment of vehicle and vessel tax reduction (batch 27) are announced to the public, and the supervision of all sectors of the community is invited. If there is any objection, please solicit system feedback in the form of fax, e-mail or online during the publicity period.

[China Automobile Association: sales of 2.252 million SUV cars in April] on May 12, the China Association of Automobile Manufacturers released the latest production and sales figures. According to the data, in April 2021, China's automobile production and sales reached 2.234 million and 2.252 million respectively, down 9.3% and 10.8% from the previous month, an increase of 6.3% and 8.6% over the same period last year, and the year-on-year growth rate was 65.4% and 66.3% lower than that of the previous month.

[BOC Securities: looking forward to 2021, excavators and truck cranes will continue to maintain a high demeanor throughout the year] BOC Securities pointed out that infrastructure and real estate investment is expected to continue to rise steadily during the 14th five-year Plan period, and the urbanization rate target will be raised to 65% in 2025, which will lead to a continuous expansion of construction machinery and equipment. With the aging of the population, the construction machinery represented by small digging has given birth to a large number of machine replacement demand, and the instrumental attribute is becoming more and more obvious, providing strong support for the medium-and long-term growth of excavators and smoothing the periodic fluctuations of the excavator industry. Looking forward to 2021, we believe that excavators and truck cranes will continue to maintain a high demeanor throughout the year. Although the peak season moves forward in the first quarter, sales are expected to increase to a certain extent in the second and fourth quarters. After the cycle, the demand for construction machinery varieties will continue to release, the sales growth rate of pump trucks and mixers is expected to be higher, the growth rate of tower cranes is expected to be slightly lower, and the market share of leading enterprises will further increase. High-quality performance flexibility will be further released. Continue to focus on recommending Zoomlion heavy Science, Sany heavy Industry, Xugong Machinery, Hengli hydraulic, and suggest paying attention to construction machinery, Liugong and so on.

[he Xiaopeng: planned delivery of the P5 in the fourth quarter of this year is expected to achieve revenue of 3.4 billion-3.5 billion yuan in the second quarter] he Xiaopeng, chairman of Xiaopeng Automobile, said in a conference call on the first quarterly report of Xiaopeng Automobile today that he plans to deliver the P5 in the fourth quarter of this year. This is an A+ class sedan, the first mass-produced intelligent electric vehicle equipped with lidar in the world. At the same time, more than 300 G3s were exported to Norway in the first quarter of this year, and the P7 will be delivered in Norway in the second half of this year. He Xiaopeng estimates that the total delivery volume of Xiaopeng cars in the second quarter of this year will reach about 15500-16000 vehicles, with an estimated revenue of 3.4 billion-3.5 billion yuan.

[Xiaopeng Motor he Xiaopeng: chip shortage may last into the first quarter of next year at the latest) at Xiaopeng Motor's first quarter results meeting, Xiaopeng Chairman he Xiaopeng said that the second quarter is the most challenging quarter for chips, which may be alleviated in the third quarter, and may be as late as the first quarter of next year. Xiaopeng Motor is contacting new suppliers to alleviate the chip problem by means of AB points. Gu Hongdi, vice chairman and president of Xiaopeng Automobile, further said that the production capacity of lithium iron phosphate battery cells also climbed in the third quarter. For the second quarter of 2021, Xiaopeng expects to deliver 15500 to 16000 vehicles, an increase of about 380.2% to 395.7% over the same period last year.