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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
According to the official website of Hefei Municipal people's Government, Weilai and Hefei signed a cooperation framework agreement on the 25th. According to the agreement, the China headquarters project of Xilai Automobile includes the establishment of China headquarters in Hefei, the establishment of research and development, sales and production bases, and the establishment of a Chinese headquarters operation system centered on Hefei. The project plans to raise 14.5 billion yuan for the company's research and development, market system establishment and operation; at the same time, the headquarters and R & D base (1 billion yuan) and the second production base (1.5 billion yuan) are planned and built. Before that, Xilai had planned to be headquartered in Shanghai and build a factory in Shanghai, but due to Tesla's construction in Shanghai.
According to media reports, there have been a number of industrial and commercial changes in Weilai (Anhui) Holdings Co., Ltd. the legal representative of the company has been changed to Li Bin, founder of Weilai Automobile, and became chairman, and the company's registered capital has risen to 5.07477 billion yuan. Earlier, Weilai China headquarters officially settled in Hefei, Anhui Province. On April 29, Weilai signed the final agreement of "Weilai China" with strategic investors such as Hefei Construction Investment Holdings (Group) Co., Ltd., China Investment Investment Management Co., Ltd., and Anhui High-tech Industry Investment Co., Ltd. According to the investment agreement, strategic investors will invest 7 billion yuan in Weilai China.
On April 29th, Weilai officially announced that the agreement on the project with its headquarters in Hefei was officially signed, with an investment of more than 10 billion yuan. This also means that the previous cooperation between Beijing Yizhuang and Weilai has failed.
According to media reports, the basic condition for Weilai car owners to enter the high-end community EP Club is 10 million yuan-you need 10 million yuan to buy Weilai EP9 or help Weilai sell cars up to 10 million yuan to get tickets to the high-end community EP Club. In the official definition of Weilai, EP Club is the official user club of Weilai and the most high-end user club within the NIO brand. According to the 2021 EP Club membership rules announced by Weilai, in addition to buying EP9 and automatically becoming a member, 2021 EPclub members still include years.
On November 6, the Ministry of Justice of Weilai announced on Weibo that the court had recently ruled that Gu Yubo, the holder of the Douyin account "Mavericks saying car", had infringed on the reputation right of Weilai by deliberately distorting and fabricating facts, requiring him to post it on the Douyin account "Mavericks saying car" for 90 consecutive days.
On May 10, the official account of the Ministry of Justice issued the first content to sue "Automobile discipline" for distorting the facts and demanding a claim of 2 million yuan. This is the first post released by Weilai since the official account of the Ministry of Justice was officially opened on May 8. Weilai said that recently, a number of organized and large-scale targets have emerged on the Internet.
Recently, it has been learned from official sources that GAC Weilai's new brand HYCAN has announced that its first SUV concept car will be booked blindly on October 22nd. The so-called blind booking means that without knowing the pricing, the sales method of paying a certain amount of money to buy a car is adopted after the formal announcement of the price. Tesla, Weilai and other new car-building forces have all used the method of "blind booking." It is understood that the first concept of Co-Chuang brand SUV has been officially unveiled in May this year, this car will be mass production in Guangzhou Auto Zhaopin New Energy vehicle Industry Park, and officially released at the end of this year, is expected to be in the first half of 2020.
Recently, at the 2021 China Automobile Forum in Chongqing, the media asked "will Weilai and other giants be slapped to death on the beach by giants such as Apple and Baidu?" Li Bin said that building a car or starting a business is a marathon, and the automobile industry is a marathon on a muddy road, competing with itself all the time. Li Bin said that running a marathon is different from running 100 meters. Running a marathon should think about how to master the rhythm, how to think about the whole process for a long time, and how to think about it thoroughly. Weilai has experienced a lot of things in more than 6 years since its establishment. Weilai must have learned a lot now, and the possibility of sudden death is similar to that of sudden death.
Xilai announced that it has completed the transaction of issuing 72 million American depositary shares (ADS) (each ADS represents 1 Class A common share) at US $5.95 per share. The company also allows underwriters to buy up to 10.8 million additional shares of the company's ADS within 30 days. At the same time, Weilai plans to obtain funds from this ADS financing, which is mainly used to provide cash investment to Weilai China and other necessary working capital. The company expects Weilai China to use cash to invest in R & D products, services and technologies, develop production facilities, and expand its supply chain, operations and sales and service networks.
On July 22, the Ministry of Justice of Weilai released the latest bulletin. The legal department of Weilai said that a netizen Xu filed a lawsuit with the Shanghai court after verifying the identity of the actual controller of the relevant network account and investigating the relevant tort evidence after publishing tens of thousands of pieces of deliberately smearing and insulting content. investigate Xu's relevant laws
Since the new force of Chinese car-building has been in mass production for more than a year, it has been constantly questioned by the outside world, and it has been faced with a crisis after falling into problems such as large losses, declining delivery volume, product safety risks, public opinion crisis and so on. Weilai, which issued a clarification statement for two consecutive days, once again attracted attention, and even Li Xiang, one of the shareholders, felt that there was a "bad phenomenon". Media sources pointed out that Weilai, which is listed on the New York Stock Exchange in the United States, is planning to return to Kirchuang. IDG, Hillhouse Capital and others are involved in the operation. At the same time, Ulai will close its Silicon Valley office, which has more than 500 employees. In addition, Weilai also carried out a new round of layoffs.
At the scene of the 2023 Guangzhou Auto Show, Qin Lihong, co-founder and president of Weilai, said: "the current market is full of huge opportunities and has put forward higher requirements for every company. in the face of the current market opportunity, we should not only strive to seize it, but also maintain strategic concentration. Weilai will not close down, and it is impossible to close down. Please.
The contradiction between Weilai and "Mavericks talking about cars" has further intensified. On Aug. 4, car blogger Mavericks said in a video posted on the social platform that he had taken Wei to court because he had paid for the new ES6, but by the time it was delivered, he had refused to deliver the car for various reasons. According to the blogger,
Recently, there are media reports 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 that has just been carried out in the primary market, Geely will account for less than 10% of the shares of Lulai 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. In response to the relevant media reports, Yang Xueliang, vice president of Geely Automobile Group, said that he "did not know about this and did not comment on the market rumors". Lulai also said that "no comment will be made, and all financing related issues will be mainly announced." The shortage of funds for cars in Xilai is nothing new.
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.
On Nov. 14, the legal Department of Weilai said in a post on its official Weibo that the final verdict of the case of "vehicle discipline" infringing on the reputation right of Weilai came out and the case was won. Officials said: upon receipt of the court's final judgment, the court found that the video content involved in the infringer's Shanghai ladder case was untrue, misleading people who were not clear about the price information of electric vehicles.
On November 29th, Xilai officially announced that the 2019 NIO Day will be held in Shenzhen on December 28, and said it will release a new model. Officials have not disclosed any information about the new car. Although there is no official information about the new car, some industry insiders say the new car is an all-electric car unveiled at the Shanghai auto show, the Lulai ET. Judging from the previously released pictures, the new car is positioned as a four-door sedan with a hatchback design and is expected to carry the newly developed carbon fiber shell battery pack technology. However, some people in the industry believe that since it is a brand new model, the official should not.
In mid-March this year, Zhihu netizen "Zhi Child", who claimed to be a former employee of Weilai, posted several articles on the platform about Weilai's massive layoffs, fake car sales and chaos in the company. Soon all these articles were deleted, but the related topics were still fermenting online. Nearly two months after the incident, the official Weibo of Xilai officially issued a relevant information notice on May 5: Xilai said that after investigation, it knew that the user "Zhi child" was not a former employee, and that the relevant news released by the account was false. The corresponding mobile phone number is a company, which smears and slanders Yilai in the name of "former employees" on the Internet.
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.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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