AutoBeta(AutoBeta.net)07/25 Report--

Recently, Europe Strategic Investment Group, the largest shareholder of Aston Martin, proposed that it plans to buy another 3% of Aston Martin, a move considered to provide financial guarantee for the normal operation of its company and its continuous investment in electrification.

As of July 25, Europe Strategic Investment Group, Aston Martin's largest shareholder, had a 31% stake in Aston Martin. The company said it would buy another 3% of Aston Martin, but because it already holds a large number of shares, it is required to submit acquisition submissions and quotations to all Aston Martin shareholders in order to further increase its holdings. At present, the group's acquisition opinion has been verbally promised by Kuwait Dar Investment Company, one of the two controlling shareholders of Aston Martin, with an offer of 10 pounds per share.

Industry analysts pointed out that the European Strategic Investment Group's move is to provide financial guarantee for its normal operation and continuous investment in electrification. As early as July 2015, the British government announced a total ban on the sale of fuel cars from 2040. Aston Martin had no choice but to accept it and speed up its electrified layout after protesting against the failure. But for Aston Martin, which started relatively late in electrification, it needs to invest a lot of money to make continuous efforts in the field of electrification. In order to solve the dilemma that its electrification process lags behind and its funds are blocked, Aston Martin listed in London as early as October last year, but its performance in the stock market after listing is not satisfactory. Aston Martin's share price has been falling for more than nine months after it went public, falling nearly 47% as of July 1 this year. In response, the European Strategic Investment Group is considering increasing its stake in its company by 3% to solve the problem of funding constraints in the electrification process.

This time, the European Strategic Investment Group's additional 3% stake may to some extent meet Aston Martin's urgent needs, but for Aston Martin, which missed the golden age of electrification, to make continuous efforts in the electrification process, surpassing other manufacturers, it is far from enough to rely solely on major shareholders to increase their 3% stake. In the future, it is still a difficult process for Aston Martin to develop electrification in an all-round way and accelerate the electrified layout of the group.

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