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  Weilai reported the contents of the conference call, Li Bin: the actual loss is 22 billion, continue to lay off staff

  During the announcement of second-quarter results, Weilai suddenly cancelled its earnings conference call. On that day, Weilai's shares fell sharply, hitting a record low of $1.97. U.S. stocks closed at 5 a.m. on Sept. 26, and Weilai shares closed at $2.05. On September 25, Xilai announced that it would hold a second-quarter earnings conference at 20:00 Beijing time. Weilai management responded to external news and problems, including losses, layoffs, future development plans, and so on. Weilai second quarter financial report shows that the revenue is 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan; the second quarter belongs to shareholders.

  The share price of Weilai fell and Weilai made a loss. 2019-09-26
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  Weilai made a huge loss in 2018, and Li Bin responded: the short-term Prophase is the investment period.

  Recently, Xilai Automobile released its fourth-quarter results, showing that the total revenue in 2018 was 3.4356 billion yuan, and the loss further expanded, with a net loss of 9.639 billion yuan. Weilai delivered ES8 113.48 million in 2018, meaning a loss of nearly 850000 yuan for every car delivered in the past year. In addition to huge losses, Weilai also halted plans to build a factory in Shanghai, and the share price also fell. Li Bin, chairman of Weilai, recently responded to the problem of loss: we cannot account for Weilai on the basis of how much money a car has lost. It is the investment period in the short term and in the early stage, and now there is only one car on sale.

  Loss response Weilai Li Bin 2019-03-10
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  With heavy losses and new low stock prices, Weilai invested money to open nine new stores.

  After a huge loss, the company continued to expand, and officials announced the opening of nine more stores during the National Day holiday, including one NIO House and eight NIO Space. NIO Space has a smaller scale and less investment than NIO House, and its main function is to sell cars. NIO House has a huge investment and is laid out in the core business district of first-tier cities, while NIO Space is mainly concentrated in small and medium-sized cities, expanding the sales channels of Weilai. It is understood that the area of NIO Space is smaller, most of the individual store area is 100-200m2, and the cost is lower.

  The share price of Weilai fell and Weilai lost money. 2019-09-29
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  Weilai Motor reported a loss of 11.3 billion yuan in 2019.

  Since the establishment of Ulai, sales have gradually increased, reaching a record high in 2019. However, according to the data that Xilai submitted its annual report to the US SEC a few days ago, the company's revenue loss expanded again, which means that the pace of loss has not been stopped.

  Weilai 2020-05-16
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  Weilai urgent clarification!

  A rumor triggered a sharp change in the share price of Weilai. On the evening of Sept. 25, it was rumored that Xilai was considering raising about $3 billion (21.9 billion yuan) because of widening losses and had contacted investors from the Middle East. Financing is likely to take place in the first half of next year and negotiations are still under way. Receive

  Mobile phone investment company loss issuance bond announcement convertible stock price trading financing ordinary continuous product price 2023-09-26
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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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  The stock price of Xilai Motor plunged to close at $2.17, and the second quarter loss was announced by Weilai to cancel the conference call.

  After the announcement of its second-quarter results, Ulay's shares fell sharply, closing at US $2.17 today. Affected by a 3.285 billion loss in the second quarter, the market slumped to an all-time low today, and then announced that it would cancel the scheduled earnings call. According to the second-quarter results, Lulai Motor achieved revenue of 1.508 billion yuan in the second quarter, higher than the market expectation of 1.309 billion yuan. In the second quarter, the net loss attributed to shareholders was 3.285 billion yuan, higher than the market expectation of 2.944 billion yuan, compared with a loss of 6.11 billion yuan in the same period last year. In the first half of 2019, Weilai made a cumulative loss of 5.9086 billion yuan.

  Weilai's share price plummeted and Weilai lost money. 2019-09-25
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  Weilai reported a loss of 2.4 billion yuan in the third quarter, and the stock price rose 53.72% in a single day.

  After all kinds of negative news this year, Lulai finally achieved its "final madness" at the end of the year, with sales growth, new car launches and narrowing performance losses all contributing to a surge in its share price.

  Weilai 2019-12-31
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  The net loss of Weilai in the first quarter was nearly 5 billion Li Bin: no one can fight in the high-end market.

  On April 30, Xilai released its first-quarter results for 2021, showing operating income of 7.98 billion yuan during the reporting period, an increase of 481.8% over the same period last year. The net loss of common shareholders belonging to the parent company was 4.875 billion yuan, down 182.96% from the same period last year. In response to the net homing loss of 4.875 billion yuan in the first quarter, Weilai explained that Weilai bought back 3.305% of the 3.305% stake held by some strategic investors in China in the first quarter of 2021, and therefore confirmed an increase of 4.4 billion yuan (US $671.6 million) in the redeemable value of uncontrolled rights and interests. The financial report shows that.

  Weilai 2021-04-30
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  With an annual loss of 14.4 billion, Weilai plummeted.

  Last night, Xilai released its 2022 results to the public. Due to the lower-than-expected results, Ulai US stocks fell 5.96% overnight, while Hong Kong stocks fell 11.95%. According to the financial report, a total of 122486 new cars were delivered in 2022, an increase of 34.0% over the same period last year.

  Growth cars sales new cars models prices brand new loss full year enterprise time gross margin target carbonic acid Li Bin 2023-03-02
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  cheerless! Xilai Motor lost 3.28 billion yuan in the second quarter and laid off 1200 jobs by the end of September.

  After the news of a loss of 40 billion yuan over the past four years, the company officially announced its results for the second quarter of 2019. According to the report, the revenue of Lulai Motor in the second quarter was 1.508 billion yuan, higher than the market expectation of 1.309 billion yuan. The net loss attributed to shareholders in the second quarter was 3.285 billion yuan, higher than the market expectation of 2.944 billion yuan, compared with a loss of 6.11 billion yuan in the same period last year. In the first half of 2019, Weilai made a cumulative loss of 5.9086 billion yuan, of which the net loss in the first quarter reached 2.6236 billion yuan. Weilai began to deliver its first production car, ES8, in mid-2018, when.

  Weilai lost money and Weilai reported its results. 2019-09-24
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  "do what needs to be done", Weilai's share price fell 5.48%.

  Recently, the official response to the news that Weilai is making layoffs is that online remarks about massive layoffs at Weilai are pure fabrication, and its company is indeed doing local optimization, but the aim is to improve operational efficiency. There are no significant layoffs, which is what Weilai should do at this stage. Affected by media reports of layoffs, NIO's US stock fell as much as 7.78 per cent on Aug. 1 and fell 5.48 per cent to $3.28at the close. Behind the layoffs, the financial situation of Xilai Motor is not optimistic, its company has been for three consecutive quarters.

  Weilai stock price 2019-08-03
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  Ideal Xiaopeng announced quarterly results for the first time, Weilai posted a net loss of 1.2 billion yuan in the third quarter.

  The three major domestic car brands Xiaopeng Automobile, ideal Automobile and Ulay Motor announced their third-quarter financial data, which is also the first financial report since Xiaopeng Automobile and ideal Automobile went public. On November 17, Xilai released its third-quarter financial report, showing that the total operating income during the reporting period was 4.526 billion yuan, an increase of 146.4% over the same period last year. The net loss of shareholders belonging to listed companies was 1.188 billion yuan, down 53.5% from the same period last year. The gross profit margin in the third quarter was 12.9%, compared with-12.1% in the same period last year. At present, three models of ES8, ES6 and EC6 have been launched, and the overall sales volume continues to rise. Third.

  Xilai car ideal car 2020-11-18
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  The share price of Xilai car plummeted, Internet car-making ushered in crisis and nightmare

  Shares of NIO continued to fall to an all-time low of $1.56 at the close of trading on Oct. 1, with a total market capitalization of just $1.639 billion. The share price of Weilai has fallen nearly 50% from its closing price of 3.04 on Sept. 20, and the total market value has lost more than $1.5 billion in ten days. On September 13, 2018, Xilai Motor listed on the New York Stock Exchange, becoming the first Chinese electric vehicle to be listed in the United States under the symbol NIO, with an offering price of US $6.26 per share and a total market capitalization of US $6.313 billion. The share price of Weilai soared after the IPO, reaching as high as $13.8 a share. However, the year of listing.

  The share price of Weilai fell and Weilai made a loss. 2019-10-01
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  Lailai sold 1139 ES8 units in April, resulting in heavy losses and continued decline in sales.

  The ES8 delivered 1139 units in April, a decrease of 234 units from the 1373 delivered in March, and sales continued to decline. From January to April, the delivery volume of Weilai reached 5362 units, with a total delivery volume of 16710 units. Weilai will start delivering its second model, the ES6, in June, with a price of 35.80-458000 yuan and a comprehensive range of 420-510km. CEO Li Bin said that ES6 is a strategic product that will enter a larger market segment, and it is necessary to ensure that subsequent production and delivery can meet market demand in a timely manner. In 2018, Xilai delivered 11348 E units throughout the year.

  Sales car models Lulai 2019-05-14
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  Weilai held a conference call on its results. Weilai continued to lose money and its share price fell.

  According to media reports, Xilai Motor has announced that it will hold a conference call on second-quarter results at 20:00 Beijing time on Wednesday. Yesterday, after announcing the second-quarter results, Weilai cancelled the financial report meeting. Xilai Motor responded to the media, "the conference call is generally a supplement to the quarterly report, which we think fully covers the information that needs to be disclosed at present." If other important matters occur in the company, it will be disclosed again in the form of public announcement. " In the second quarter of 2019, revenue was 1.5086 billion yuan, down 7.5% from the previous month, while the net loss attributable to shareholders was 3.2858 billion yuan, compared with a loss of 6.11 billion in the same period last year.

  Weilai stock price Weilai performance conference call 2019-09-25
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  Weilai lost 5 billion US dollars in 4 years, which is equivalent to Tesla's 15-year cumulative loss.

  According to foreign media statistics, NIO, which is known as "Tesla of China", has been established for four years since 2015. However, over the past four years, the loss of Lulai has reached Tesla's cumulative loss of 15 years, about 5 billion US dollars. After 4 years of development, there is not only no "hematopoietic function", but the loss is still continuing. Some analysts believe that Xilai will lose another 2.6 billion yuan ($369 million) in the second quarter, or about $4 million a day, bringing the company's cumulative loss since its inception in 2014 to about $5.7 billion. According to Weilai Automobile.

  Xilai Automobile loss 5 billion US dollars Tesla 2019-09-23
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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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  Selling cars doesn't make money! Weilai lost 800 million yuan in the third quarter.

  On November 10, the company released its third-quarter results, showing that its total revenue in the third quarter was 9.8053 billion yuan, up 116.6% from the same period last year. The net loss was 835.3 million yuan, a decrease of 20.2% compared with the same period last year and an increase of 42.3% compared with the previous quarter. The net loss belonging to the company's common shareholders was 2.8589 billion yuan, an increase of 140.7% compared with the same period last year. In terms of delivery volume, Xilai delivered a total of 24439 new cars in the third quarter, an increase of 100.2% over the same period last year and 11.6% month-on-month growth, including ES8 delivery.

  Weilai 2021-11-10
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  Bad report card! Weilai made a huge loss.

  Without accident, Weilai lost a huge amount of money again! Before the US stock market opened on August 29th, Xilai officially released its results for the second quarter of 2023, and a bad financial report card was released to the public. According to the financial report, the revenue of Weilai in the second quarter was 8.772 billion yuan, down 14.8% from the same period last year and 17.8% from the previous month.

  Sales volume growth sales products market second quarter gross margin brand selling price Li Bin mobile phone gross profit margin expense model cost 2023-08-30