From a regional perspective, Wuhan, the epicentre of the epidemic, is one of the key cities in China's auto industry. The impact of the epidemic on the power equipment and new energy industries is relatively small. With the gradual clarification of wind power and photovoltaic policies, the epidemic will have a certain impact on the short-term start of the industry, and will have a limited impact on the industry's demand in the long-term. The domestic new energy manufacturing sector has a high degree of automation and is less affected by the epidemic.

The impact on the demand side of consumer electronics is small. On the one hand, the first quarter is a low season for the whole year. On the other hand, consumer electronics demand is global demand. China’s demand only accounts for less than 20% of global demand. Therefore, it belongs to the sector with less impact from the epidemic. . A large number of car companies and power battery industry chain companies in provinces and cities including Jiangsu, Shanghai, Guangdong, etc. have also announced delays in resuming work according to the requirements of their regions.

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