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Guotai Junan Securities: Multiple Automakers Tighten Supplier Payment Terms, Heralding an Improved Landscape for Auto Parts Industry
2 week ago /
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Author：小编
Guotai Junan Securities observes that the trend of automakers shortening payment terms for their suppliers will lead to a more pronounced differentiation in part prices. This development, in the long run, is poised to enhance the competitive dynamics within the industry. Consequently, the securities firm reaffirms its 'Overweight' rating for the auto parts sector and recommends high-quality parts companies anticipated to reap the benefits of this shift.
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