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  Guokai International Investment announcement sells all the shares of Lulai and will no longer hold shares in Lulai.

  After Weilai announced its 97.6 billion loss report, China Development Bank's investment platform Guokai International Investment announcement clearance Wei to hold shares. Guokai International Investment Co., Ltd. issued a notice saying that through the open market, the company sold 4.6704 million shares of American depositary securities held by the company at a price of not less than US $715 million per share based on market conditions at that time, accounting for about 0.44% of the issued share capital of Lulai Motor. After the completion of the sale, CDI will no longer hold shares in Lulai Motor. Guokai International Investment also said that the sale of Lulai shares is expected to bring the company a profit of US $8.39 million (about 56.28 million yuan).

  Cars investment Yulai 2019-03-07
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  After Wei came to China to settle in Hefei, Li Bin denied the rumors that Geely had bought a stake.

  Recently, some media reported that Geely plans to invest US $300 million to buy shares, and pointed out that according to the calculation of the convertible bonds of US $3.07 just carried out in the primary market, Geely will account for less than 10% of the shares of Lulai Motors after this round of investment, and after the shares are diluted by existing shareholders, Geely is expected to become the third largest shareholder of Xilai Automobile. In response to Geely's stake in Weilai, Li Bin responded on the same day that "I don't know where the rumor came from and will not comment on it", but he said that on the other hand, it also means that more and more investors see the value of Lulai Motor. It is worth noting that Li Bin denied Geely.

  Geely Wei Lai 2020-02-26
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  Sales of Xilai car hit a new high in October, and "illness" finally got better.

  The cumulative delivery volume was 14867 vehicles from January to October this year, and 26215 vehicles have been delivered since June 2018. In October, a total of 2625 cars were delivered, up 25 per cent from a month earlier and 61 per cent from a year earlier. Among them, in October this year, the delivery volume of the ES6 was 2220, with a total of 6829 this year, while the delivery volume of the ES8 was 306, an increase of 4 per cent from the previous month. By October this year, it had delivered a total of 14867 vehicles, while since the beginning of delivery in June last year, it had delivered a total of 26215 vehicles. According to the statistics. Weilai Automobile.

  Weilai 2019-11-04
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  All of a sudden! Jianghuai Automobile acquires some assets of Anhui Lulai

  On the evening of December 22, Jianghuai Automobile issued an announcement showing that Anhui Jianghuai Automobile Group Co., Ltd. (hereinafter referred to as "Jianghuai Automobile") intends to acquire the project assets related to the equipment installation project held by Weilai Automobile (Anhui) Co., Ltd.

  Automobiles companies assets Anhui production events Cooperation Independence contract Manufacturing net profit net profit Directors influence announcement Strategy 2022-12-22
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  With the departure of senior executives, the sharp decline in sales and financial difficulties, where is the development future of Lulai Motor?

  It has been an unusually "cold" summer for senior executives to leave one after another, declining car sales, financial difficulties and so on. Yesterday, Li Bin officially said that Zheng Xiancong, co-founder of Xilai Motor, will officially leave his post and will continue to serve as Li Bin's personal adviser after retirement, support Lai Automobile in the supply chain and partners, and will continue to serve as chairman of Xilai Drive Technology. Continue to strategically guide the development of technology. According to public information, Zheng Xianchong worked at Ford for only 30 years before joining Xilai Motor, serving as the purchasing director of Ford's joint venture Jiangling Ford in China, vice president and vice president of Ford China.

  Sales volume turnover 2019-08-16
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  Troubled times! Besieged by three pieces of public opinion in one day, Xilai said that it was very passive.

  On November 4, the latest sales figures showed that a total of 2625 cars were delivered in October, an increase of 25 per cent from the previous month and 61 per cent from a year earlier. Among them, the delivery volume of the ES6 in October was 2220, with a total of 6829 from January to October, while that of the ES8 was 306, an increase of 4 per cent from the previous month. As of October this year, a total of 14867 cars have been delivered by Xilai. On the day of the announcement of sales, shares of Xilai rose 4.83% to $1.52 in pre-market trading. However, in the grim environment of the car market, it is easier to attract attention than the growth of sales.

  Weilai 2019-11-14
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  Will Weilai split the NIO Power power-up business and seek 1 billion yuan of financing to ease the financial pressure?

  Today, the media reported that four-year-old Xilai will spin off its energy supply service NIO Power and seek a billion dollars in financing for this. In response to the report, Xilai Motor responded with "no comment". According to reports, Xilai is about to spin off its energy supply service NIO Power, seeking to complete independent financing in Q4 this year, with a scale of about billions of yuan. The project, led by Li Bin, founder, chairman and CEO of Lulai, as well as Qin Lihong, president of Lulai, and Shen Fei, vice president of power management of Lulai, may be launched as an independent APP in the next 2 months. Meanwhile, NIO Power...

  2019-07-16
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  Hillhouse Capital announces "breakup" with Xilai Motor

  Recently, Hillhouse Capital recently filed with the American Stock Exchange that as of December 31, 2019, Hillhouse Capital will no longer hold shares in Lulai Motor, and the cooperation between the two sides has officially come to an end. According to data, Hillhouse Capital led the investment of US $100 million in the A-round financing of Xilai Automobile in 2015, and then continued to follow in the C-round financing and C + round financing. In September 2018, Xilai listed on the New York Stock Exchange, with Hillhouse holding 7.5% of its shares, making it the third-largest shareholder. On January 30th, 2019, Xilai issued convertible senior bonds with a total value of 650 million US dollars.

  Weilai 2020-02-17
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  Qin Lihong said that Weilai Automobile earns 1 billion yuan a month. Netizens: have you started talking nonsense?

  At the 2019 World Intelligent Network Association Automotive Conference, Qin Lihong, president of Lulai Automobile, responded to one of the losses of Lulai Automobile, saying that "it may not be sunny, it will never die." Qin Lihong said, "We are a company with normal operation." If we sell 20,000 cars in the future, our sales revenue will have reached 10 billion yuan. There is a normal flow, do high-end brands, and batch, as well as scale, every month in the case of income, I think everyone's worry about us is a little superfluous. " Qin Lihong calculated an account: at present, the sales of Lulai cars have exceeded 2000, each car's.

  NextEV 2019-10-25
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  It is exposed that GAC GROUP may take a stake in Xilai Automobile: the financing project is mainly based on announcement.

  It is reported that GAC GROUP plans to buy a stake in Lulai Motors. At present, GAC GROUP is raising funds for investing in Lulai Motors. The amount of money is about $1 billion, according to people familiar with the matter. In response to this news, Weilai said that the financing project shall be subject to the announcement of listed companies. Admittedly, as a new force in car-building, Lai Automobile is indeed plagued by funds. If GAC GROUP takes a stake in Lai Automobile, it will effectively alleviate the financial problems of Lai Automobile. From the current point of view, Xilai Automobile in terms of capital is mainly through cost-cutting and financing. In July 2019, in order to ease the financial pressure, Xilai sold.

  NextEV 2020-01-15
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  Weilai stock price plummeted, conference call was cancelled and resumed.

  After the announcement of the second-quarter results, the share price of Lulai Motor fell sharply to close at $2.17 today. Affected by a loss of 3.285 billion in the second quarter, the market slumped today and hit a record low of $1.97. for unknown reasons, Xilai announced the cancellation of the scheduled earnings call, saying that more news would be released in the form of announcements, which was very rare after the financial reports of listed companies were released, which was generally questioned by the market reaction. This morning, Xilai Motor again decided to announce that it would hold a conference call on second-quarter results at 20:00 Beijing time. At the time of this release, the conference call was being held, followed by some transcripts. The second quarter results show.

  Weilai reported losses Weilai's latest stock price Weilai teleconference 2019-09-25
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  Weilai Motor, which suffered a huge loss of 11.3 billion, was listed as the executor because of 1.1 million yuan. Response: business disputes.

  According to just released the fourth quarter of 2019 and full-year results show that still in the loss of the car, recently by the court as the subject of enforcement, which in many people's opinion whether the car encountered difficulties again. Shanghai Lulai Automobile Co., Ltd., the main body of operation of Lulai Motor, has been listed as the subject of execution by the Shanghai Jiading District people's Court, with a target of 1.1 million yuan, according to the China Executive Information publicity Network. To say that this 1.1 million yuan is obviously "negligible" compared with the loss made by Xilai Motor over the past year, is it possible that the recent loss made by Xilai Motors can not even be repaid? In response to this, Xilai Automobile responded today.

  Weilai 2020-03-23
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  Less than four months after its establishment, the subsidiary of Xilai was listed in the abnormal operating list.

  According to the national enterprise credit information publicity system, because "the registered domicile or place of business cannot be contacted", Lulai Automotive Technology Co., Ltd. has been listed in the list of business anomalies by the Beijing Economic and technological Development Zone Branch of the Beijing Municipal Market Supervision Administration.

  Weilai 2019-11-13
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  Does Hefei want to build the second "Lulai car"?

  According to several media reports, Zero Auto is conducting Pre-IPO round financing at a valuation of more than 22 billion yuan, and Hefei has clearly expressed its investment intention, with an investment amount of about 2 billion yuan. If the investment is finalized, zero-running cars will become the second new car-building force to receive investment in Hefei after Weilai Motors. In this regard, some media sought confirmation from zero-running cars, and the official response was "Hefei is sure to participate in zero-running car financing, but the specific information is still subject to the official announcement." On April 29, 2020, Weilai officially announced that the agreement on the project with its Chinese headquarters in Hefei was officially signed, with an investment of more than 10 billion.

  Zero running car 2021-01-22
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  Xilai Motor lost more than 3.2 billion in the second quarter and cut 1200 jobs at the end of September to reduce costs.

  On Sept. 24, Xilai announced its second-quarter results. According to the results, the operating income of the future going car in the second quarter was 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan, and the revenue in the same period last year was 46 million yuan. The net loss attributed to shareholders in the second quarter was 3.285 billion yuan, higher than the market expected loss of 2.944 billion yuan, and a loss of 6.11 billion yuan in the same period last year. Earlier, some analysts pointed out that Lulai will lose 2.6 billion yuan in the second quarter, meaning that the cumulative loss of Lulai is about 40 billion yuan, which is equivalent to Tesla's 15-year loss. From the current point of view, the loss of Xilai Motor has reached a point.

  Xilai Motor Announces second quarter results 2019-09-24
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  After the delivery volume was announced in the third quarter, there was a big change in the senior personnel of Xilai Automobile.

  On October 11th, a letter about the promotion and change of global senior management in Lulai was circulated on the Internet, referring to the promotion of Shen Feng, Zhou Xin and Ganesh V.iyer to executive vice presidents, reporting directly to Li Bin. Huang Chendong and Zhong Wanli were promoted to senior vice presidents and also reported to Li Bin. In addition, Danilo Teobaldi was promoted to vice president. This year, Xilai Motor is facing unprecedented pressure. Personnel changes, company layoffs, declining performance, car spontaneous combustion and other signs show that the situation of this car company is extremely serious. It is worth noting that this is the second announcement of Xilai Motor.

  Personnel change of Xilai Automobile 2019-10-12
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  Li Bin: there is no gambling behavior in Hefei investment.

  Recently, when participating in the CCTV "Dialogue" program, Li Bin, CEO of Xilai Automobile, refuted the rumors that recently circulated on the Internet about gambling between Weilai and Hefei, saying: it is true that the industrial guidance funds of Anhui and Hefei have invested in Lulai in 2020, which is very important to Yulai. But Weilai is also in 2.

  Hefei cars models investments losses products new cars funds Li Bin industry net profit net profit funds data aspects 2022-07-11
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  The price of the new Lulai EC6 will be announced soon!

  On September 15, the new Lulai EC6 will be announced for listing. It is understood that the new EC6 based on the NT2.0 platform, using slip-back body design, equipped with the same power system as the new ES6. In terms of appearance, the new EC6 is replaced with the latest family design style, eliminating the silver embedded in the front face.

  Brand new design aspect seat target model part second generation support electric regulation same ten thousand units second quarter instrument 2023-09-15
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  Li Bin: hope that Ulai will become one of the top five global automakers ​​​ in 2030.

  Recently, Li Bin, CEO of Xilai Automobile, said in an interview with German auto magazine Heise Autos: the next step of Lulai Automobile is to launch a sub-brand. The current demand for SUV is very high, but Xilai also sees demand for small cars, it said. As a result, a

  Cars brands sales global second quarter profit market model Li Bin market capitalization income operation business group loss 2022-10-13
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  Sales list of new car-building forces: the ideal is more than 9000, which is at the bottom again.

  On September 1, the domestic car building new power brand ideal, Lai, Xiaopeng announced the latest delivery volume one after another. Statistics show that the ideal car continues to grow strongly, with monthly delivery volume exceeding 9000 for the first time, once again leading Ulai and Xiaopeng to become the top seller of new car brands. Sales of Xiaopeng and Lulai fell this month, especially Lulai, which fell to 5880 from 7931 in July, again at the bottom. As the head of the new car-building power, Weilai's performance in recent months has indeed fallen short of expectations. Data show that a total of 5880 new cars were delivered in August, including ES8, ES6 and EC6.

  Ideal car 2021-09-01