中国新能车周度新订单监测（2026年第29周）

detailing neworderflowtrends forkeyChinesenew energyvehicle (NEV)automakers. Research Associate+852-2203-7057 Source: Thinkercar ChinaNEVWeeklyNewOrdersMonitor Appendix 1 research, please see the most recently published company report or visit our global disclosure look-up page on ourwebsite at https://research.db.com/Research/Disclosures/EquityResearchDisclosures.Aside from within this report,important riskand conflict disclosures can also befoundat https://research.db.com/Research/Disclosures/Disclaimer.Investorsare stronglyencouraged to reviewthis informationbefore investing. The views expressed in this report accurately reflect the personal views of the undersigned lead analyst(s). In recommendation or view in this report. Wei Huang, Bin Wang. ChinaNEVWeeklyNewOrdersMonitor DBSI Companies under CoverageBuyploh Company Rating and Dispersion Key The above table provides a snapshot of Deutsche Bank's company research rating distribution across our coveredcompanies. We also present the percentage of companies where Deutsche Bank has provided Investment BankingServices in the past 12 months and/or MIFID Investment and Ancillary services, in the past 12 months. Please see thekey and definition of our rating below. Note-percentages are rounded so maynot total 100%. Covered: The overall rating distribution across all companies under coverage with a rating. w/Banking relation:Percentage of companies under coverage with a rating within each of the"buy","hold"and"sell"categories for which Deutsche Bank has provided Investment Banking Services within the previous 12 months. w/MiFID services: Percentage of companies under coverage with a rating within each of the "buy","hold" and "sell"categories for which Deutsche Bank has provided MIFID Investment and Ancillary services within the previous 12months. beenassignedthecorrespondingrating,basedonour12-monthviewofTotalShareholderReturn(TSR). Rating definitions: Buy: Based on a current 12-month view of TSR, we recommend that investors buy the stock. Sell: Based on a current 12-month view of TSR, we recommend that investors sell the stock. Hold: We take a neutral view on the stock 12-months out and, based on this time horizon, do not recommend either aBuy or Sell. TSR: Total Shareholder Return. Percentage change in share price from current price to projected target price plusprojected dividend yield. Newlyissuedresearchrecommendationsandtargetpricessupersedepreviouslypublishedresearch. ChinaNEVWeeklyNewOrdersMonitor The information andopinions inthisreportwereprepared byDeutsche Bank AG or oneof its affiliates (collectively DeutscheBank').Thoughtheinformationhereinisbelievedtobereliableandhasbeenobtainedfrompublicsourcesbelievedtobe reliable,DeutscheBankmakes norepresentationasto its accuracyor completeness.Hyperlinks tothird-party websites in this report areprovided for reader convenience only.Deutsche Bank neither endorses thecontent noris responsiblefortheaccuracyorsecuritycontrols ofthosewebsites. report, or is included or discussed in another communication (oral or written) from a Deutsche Bank analyst, DeutscheBankmayactasprincipal for its own accountoras agent foranotherperson. own account or with customers, in a manner inconsistent with the viewstaken in this research report. Others withinDeutscheBank,includingstrategists,sales staffandotheranalysts,maytakeviewsthatare inconsistentwiththoseequity-linkedanalysis,quantitativeanalysis andtradeideas.Recommendations contained inonetypeofcommunication may differ from recommendations contained in others, whether as a result of differing time horizons,methodologies, perspectives or otherwise. Deutsche Bank and/or its affiliates may also be holding debt or equitysecurities of the issuers it writes on. Analysts are paid in part based on the profitability of Deutsche Bank AG and itsaffiliates, which includes investment banking,trading and principal trading revenues. Opinions, estimates and projections constitute thecurrent judgment of the authoras ofthe date of this report.Theydonot necessarilyreflect the opinions ofDeutscheBankand are subjecttochange without notice.DeutscheBankprovides liquidityforbuyers and sellers of securities issued bythe companies it covers.DeutscheBank researchtermratings.Sometrade ideas forequities arelistedas Catalyst CallsontheResearchWebsite(https://research.db.com/Research/),andcanbefoundonthegeneral coverage listandalsoonthecoveredcompany's page.ACatalyst Call represents ahigh-conviction belief byan analystthat a stock will outperform orunderperformthemarketand/ora specified sectorover a timeframe of no lessthantwo weeks and no morethanthree months.In additionto Catalyst Calls, analysts maycasionallydiscusswithourclients,andwithDeutscheBank salespersons and traders,trading strategies or ideas that reference catalysts or events that may have a near-termormedium-termimpactonthemarketpriceofthesecuritiesdiscussedinthisreport,whichimpactmaybedirectionallycountertothe anal