Research Analyst at CICC
Yawen Gao is an equity analyst at CICC, focusing on automotive sector coverage with specific analysis of globally recognized companies such as Ferrari. As part of the analyst team at CICC, she provides in-depth research and investment recommendations to institutional clients on luxury auto manufacturers and related firms. While detailed performance metrics and rankings are not publicly available, her role includes collaborating with senior analysts and participating in CICC’s highly regarded equity research platform. Yawen Gao's prior career background, credentials, and regulatory registrations have not been disclosed in public sources.
Asked for details on the top customer profile by region (mix, AOV) and for an update on the recovery trend in Greater China.
The top customer mix (~4% of customers, ~40% of revenue) is consistent across all regions. However, average order value tends to be higher in Greater China, Asia, and the Arabic peninsula. The Greater China region, while still impacted by macro headwinds, is showing slow but continuous improvement and recovery quarter-over-quarter.
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