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According to media reports, Xie Dongzhong, chief financial officer (CFO) of Xilai Automobile, will leave office in the near future. According to the data, Xie Dongzhong holds a Bachelor of Science degree in Engineering from Stanford University, an MBA degree from Harvard Business School, and a Bachelor of Science degree from the University of California, Berkeley, and has a long overseas working background. Xie Dongzhong has worked for JPMorgan Chase, UBS assets, UBS Investment Bank and other companies for many years, and then served as president and chief financial officer of New Oriental Education and Technology Group. In May 2017, Xie Dongzhong joined Weilai Motor as CFO, responsible for financing and listing projects, and reported directly to Chairman and CEO Li Bin. Xie Dongzhong.
According to several sources at the top of the company, Xie Dongzhong, chief financial officer (CFO) of Lulai Automobile, will leave office in the near future. According to people familiar with the matter, Chief Financial Officer (CFO) Xie Dongzhong is likely to work until the 30th of this month. However, to this news, the public relations staff of Xilai automobile responded that they had not received the relevant news yet. It is understood that Xie Dongqin joined Xilai Automobile in May 2017 and took up the position of CFO, responsible for the financing and listing projects of Lulai Automobile, reporting directly to Li Bin, Chairman and CEO of Xilai Automobile. There are two financial directors of Lulai Automobile. One is Wang Dongning, vice president of financial affairs of Lulai Automobile, and Ning is in charge of Lulai.
Xilai announced the appointment of China International Capital Corporation auto analyst Beng Wei as the new CFO to replace Xie Dongzhong, who resigned last month for personal reasons, effective November 18. Fengwei holds a bachelor's degree in automotive engineering from Tsinghua University and a double master's degree in automotive engineering from Aachen University of Technology and Tsinghua University. He has nearly 15 years of financial and operational experience in the automotive industry. Feng Wei worked at Zaifu Group for more than five years and worked as an industry analyst at Everbright Securities Co., Ltd from 2010 to 2013. He then served as managing director of the research department of China International Capital Co., Ltd. (China International Capital Corporation) and the head of the auto and parts industry.
Weilai Motor released its latest financial results, which showed that its total revenue in 2018 was 4.9512 billion yuan and its net loss was 9.639 billion yuan. In terms of sales volume, Xilai delivered a total of 11348 ES8 vehicles throughout the year. At the same time, Xie Dongzhong, chief financial officer of Lulai, forecast revenue and sales in the first quarter of 2019. Delivery of the ES8 in the first quarter of 2019 may be 3500 to 3800 vehicles, a decrease of about 56.1% to 52.4% compared with the fourth quarter of 2018. In terms of revenue, the total is expected in the first quarter of 2019.
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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.
Today, an article entitled "Weilai Li Bin, the worst person in 2019" has been widely retweeted on the Internet, describing Li Bin's process from dream-seeking to dream-making. It can be said that Li Bin had a car dream from the very beginning and created a car-changing network that "taught people how to buy a car", but this did not completely satisfy him, so he began to build his own car. After many years, not only with the help of many friends, but also under the subsidy policy of the state, Li Bin can be said to have gathered together the time, place and people to create a new energy vehicle brand-Weilai. However, in less than three years, Internet car-building has become a feather, and it is hard to escape as a new power.
Xilai has officially released a preview of its third production car, which will be unveiled at NIO Day in Shenzhen on December 28th. According to the news, the new car will be the ES6 Coupe version of Xilai. ES8 announced the listing of NIO Day in December 2017 and delivery began in June 2018. The second production car, the ES6, was launched at NIO Day in December 2018 and delivered to users in June 2019. According to the next schedule, delivery of the ES6 Coupe version is expected to begin in mid-2020. Data show that in November 2019, Wei to achieve delivery volume of 2528.
The company reported a net loss of 9.639 billion yuan on a total revenue of 4.9512 billion yuan in 2018, which widened on March 6. In terms of sales volume, Xilai delivered a total of 11348 ES8 vehicles throughout the year. At the same time, Xilai announced that it had cancelled the plan to build its own factory in Jiading, Shanghai, signed in 2017, and that the products would continue to be manufactured by Jianghuai Automobile. After Weilai released its 2018 results, its share price plummeted, falling by more than 20% at one point. However, the house missed a lot of rain, and Ulai was also met by law firms in the United States.
According to official sources, delivery of 2528 units in November reached a new high in 2019, with ES6 delivering 2067 units in November and ES8 accounting for 461 units, according to official sources. However, by contrast, the delivery volume of Ulai has weakened. When only the ES8 electric car was sold in the same period last year, deliveries in November 2018 reached 3089, so delivery fell 18.16% in November 2019 compared with the same period a year earlier. According to the data from January to November 2019, Xilai delivered 17395 units and ES6 delivered a total of 8896 units.
Nowadays, as an intelligent car, it needs to constantly push through the old and bring forth the new, and develop a technology core that is ahead of the industry in order to maintain its position, just like Tesla, a leader in the electric vehicle industry. A few days ago, Lvlai and Mobileye, a self-driving technology company owned by Intel, jointly announced a strategic partnership to build L4 self-driving models based on the second-generation vehicle platform. On the day of the news, Xilai shares closed up 36.84% at $2.34. In fact, Weilai already has a close cooperative relationship with Mobileye, and ES8 is the first Mobileye EyeQ... in the world.
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.
On the evening of December 28th, Weilai held its annual NIO Day conference, and the new ES8 and EC6 sedan SUV were released, which began delivery in April and September 2020, respectively. At the same time, the price of the 100kwh battery pack was announced, which increased the NEDC mileage of ES8 to 580km to exceed 600km. In response to the current problems and development of Weilai, Chairman Li Bin made a response. When talking about why he chose the high-end automobile field, Li Bin said, "in a market of more than 100,000 yuan, many Chinese brands have done very well, and there is no shortage of us, high in the mainstream."
At the end of October, an article entitled "Weilai Li Bin, the worst person in 2019" was widely retweeted on the Internet, attracting a lot of attention from netizens. On November 20, Li Bin, founder of Xilai Automobile, delivered a speech entitled "Future Travel and changes in the Global Industry" at the 2029 China Automobile Industry Forum. Li Bin also responded to the content of the article. "Xilai Automobile has been labeled as a new force in car building," he said. "in fact, Xilai Automobile is the company with the largest number of cars and the first to deliver cars, and is currently the company with the largest traffic." Since the subsidy of new energy vehicles fell back, due to the increase in the cost of cars, resulting in new.
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.
Since the second half of this year, there have been frequent changes at the top of the interior of Xilai Automobile. On June 30, Zhuang Li, vice president of automobile software development, resigned. Qin Lihong, president of Lulai Automobile, responded that Zhuang Li had left her job for personal reasons and that the job had been transferred, which had no impact on the company's business. On August 15, Zheng Xiancong, co-founder of Xilai Motor, officially left. After retirement, he will continue to serve as Li Bin's personal adviser, support Xilai Automobile in the supply chain and partners, and will continue to serve as chairman of Xilai Drive Technology. Continue to strategically guide Wei to drive the development of technology. At the end of September, Xilai launched a layoff plan to reduce expenses.
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.
In many cases, the car owner group and the brand image are forcibly linked together, and the quality performance and behavior habits of the car owner group are often spread by the majority of netizens, thus affecting the overall image and reputation of the brand. As a new car brand, Weilai does not have too many scruples in this respect, and even uses the quotations of car owners as a way of corporate publicity for public display at the auto show, causing collective complaints from netizens. Weilai publicizes the original quotation of the copywriter's owner: "if you don't open it, you can't quit." I'm used to driving, but I really don't want to touch the fuel car. " "as the oil car replaced the horse-drawn car in the first place, the tram will replace the fuel car." "what?
Mr. Xie of Huzhou reported to the media that he had bought a new Audi A5 with a price of 380000 on arrival. The owner said: the car was picked up on August 10, and as soon as it left the 4S store, the engine fault light lit up. 4S said: to be tested, it took about an hour to test, saying that it was a sensor problem. It is said that it is a small thing to eliminate the faulty light. Then, Mr. Xie drove home, unexpectedly on the highway, the engine fault light of the vehicle lit up again. Mr. Xie contacted the 4S store again, and the 4S store maintenance staff said it was still a problem with the sensor, and then replaced the sensor for the vehicle. And to Mr. Xie's car.
At the end of January 2011, Mr. Xie spent 128000 yuan on a new Skoda Mingrui car at Jinhua Yutong 4S store. Last month, Mr. Xie sold the car to a customer in Hangzhou. All the procedures were normal, but there was a problem when the DMV transferred ownership. According to Mr. Xie's vehicle registration certificate, the Skoda Mingrui purchased by Mr. Xie is a new car, but according to the files of Hangzhou DMV, the invoice of Mr. Xie's car is a used car invoice, and there are two messages for one car. Hangzhou DMV is unable to complete the transfer of ownership. Mr. Xie could not complete the transfer of ownership in Hangzhou DMV, and the file was returned to Jinhua.
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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