📊Executive Summary

The article discusses the increasing profitability of Chinese auto parts suppliers in overseas markets, particularly in sectors like power batteries and auto glass. Companies like CATL and Fuyao Glass are highlighted for their significant revenue growth and higher margins from international operations compared to domestic sales. CATL's international revenue accounted for 30.6% of its total, with a gross margin of 31.44%, while Fuyao's overseas revenue surged to 20.86 billion yuan, driven by strong demand in North America. The trend indicates a shift in the Chinese supply chain from follower to leader in key automotive components, suggesting procurement teams should monitor these suppliers closely for potential sourcing opportunities....