For the global automotive industry, 2009 under the financial crisis is destined to be a year of big waves. With the GM's bankruptcy, the global automobile landscape has undergone tremendous changes and China has become the largest single market for many car companies. With the strong sales of new car sales and new energy and new policies, the heroic sentiments of Chinese car companies in the chaotic markets have become increasingly evident. In the capital market, news of corporate restructuring and overseas acquisitions has been heard. In recent days, news of injecting auto parts assets into listed companies as an important part of the automobile industry chain has been frequently reported. On March 3, Shanghai Automotive Co., Ltd., which has been developing a parts and components industry, announced that Huayu Automotive, a listed company of its own parts and components, has acquired a transmission system subsidiary. Huayu Automobile will jointly invest 10 million yuan with GKN Transmission System International Co., Ltd. Invested in the establishment of Shanghai Natiefu Transmission System Sales Co., Ltd. in Shanghai. Two days later, Aeolus announced an investment of 1.006 billion yuan to build an announcement of an annual output of 5 million passenger car radial tires. In addition to the companies that announced last week, Shenhua Holdings, a listed company that intends to make a difference in auto parts companies, is also stepping up its strategic steps in deploying its auto parts. In the last week of May, Weichai Power, Shantui Stock, and Weichai Heavy Machinery also issued important announcements on the formation of Shandong Heavy Industry Group and the establishment of a 100 billion auto parts and components group. From the perspective of the reorganization and investment of many automotive parts and components, the local government plays an important role in addition to the company's own wishes. For example, local governments have appeared behind the 100 billion auto parts and components group and the Aeolus radial tire project in Shandong. The occurrence of mergers and acquisitions of listed companies and capital injection incidents are due to two reasons: First, they are optimistic about the prospects for the main business, such as Aeolus’s share of capital in 2008's net assets of 71.89%, generous investment in radial passenger car projects, and secondly, corporate development. The strategy is needed to serve the overall automotive industry chain and to solidify the automotive industry chain, such as Shanghai Automotive’s acquisition of bus shares. According to industry analysis, the parts and components industry is easy to form its own core competitiveness in a certain subdivided area; the output unit requires less investment, profit is more stable than the car, and the return on assets is relatively higher. With the deepening of the integration of parts and components assets, qualified auto companies may increasingly inject parts and components assets into listed companies, and parts and components companies themselves will also develop their main businesses through capital injection and other means.