汽车行业周报：广州车展开幕，关注上海国企改革相关汽车公司

Investment Rating - The report maintains a neutral rating for the automotive and parts industry [6] Core Insights - The Guangzhou Auto Show has commenced, showcasing a record number of vehicles, including 78 global debuts and 512 new energy vehicles, indicating a strong focus on high-end markets by domestic brands [3][16] - The Shanghai municipal leadership is actively supporting SAIC Motor Corporation's reform and transformation efforts, aiming to enhance its core competitiveness and innovation capabilities [3][17] - Geely Group is optimizing its equity structure by integrating Zeekr and Lynk & Co, which is expected to enhance brand positioning and operational efficiency [3][18] Market Performance - The automotive sector's performance this week shows a decline of 2.4%, outperforming the CSI 300 index which fell by 3.3% [25] - The passenger vehicle segment recorded a positive return of 0.55%, while commercial vehicles and parts sectors experienced declines [25] Sales Tracking - From November 1 to 10, the wholesale sales of passenger vehicles reached 667,000 units, a year-on-year increase of 41% [37] - Cumulative wholesale sales for the year have reached 21.84 million units, reflecting a 5% year-on-year growth [37] Investment Recommendations - Recommended companies for investment include BYD, SAIC Motor, and China National Heavy Duty Truck Group, among others, focusing on those with strong growth potential and favorable market conditions [19][20][22]