摩根大通：中国汽车零部件-70% 关税，现在如何-将 2025 年预期每股收益下调 10 - 30%

Asia Pacific Equity Research 13 April 2025 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. China Auto Parts >70% tariffs: what now? Cut 2025E EPS by 10-30% We have revised our earnings estimates for China auto parts, considering the potential direct and indi ...