【招银国际】–Turnaround is on track despite bumpy sales.pdf

2022 preview： Solid business development through the bumpy 2022

Inventory risk could lead to a bumpy recovery

The bumpy road to zero-emission trucks

FY22E preview; Bumpy recovery in 2023

Macro Report: Deflation lingers with bumpy recovery in consumption

4Q22 Preview： earnings recovery remains bumpy; Maintain HOLD

China Auto Sector – Inventory risk could lead to a bumpy recovery

NDR takeaways：a bumpy 1H23 ahead; Auto／VR／ AR business to drive long-term growth