券商新一轮并购预期再起；多家车企响应政策

Group 1: Securities Industry Mergers and Acquisitions - A new wave of mergers and acquisitions in the securities industry is anticipated, with the financial technology sector being particularly promising [3][5] - Central Huijin Investment has become the actual controller of several securities firms, which is expected to drive market consolidation [4][6] - Regulatory encouragement for industry integration suggests that mergers and acquisitions will enhance overall competitiveness and resource allocation in the securities sector [5][6] Group 2: Automotive Industry Developments - Multiple automotive companies, including BYD and China FAW, have committed to a payment term not exceeding 60 days, marking a shift towards high-quality development in the industry [10] - The implementation of the revised "Regulations on Payment of Small and Medium-sized Enterprises" is expected to standardize payment practices and improve cash flow for upstream suppliers [11] - This change in payment terms is likely to reduce financial costs for parts suppliers and may lead to a recovery in profitability for the automotive sector starting in the third quarter [11]