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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.
Today, Xilai officially announced that the latest quarterly results will be released before the US stock market opens on December 30, 2019 (the evening of December 30, Beijing time), the third quarter of 2019 will be released, and a conference call will be held immediately.
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.
According to foreign media, Tesla founder Elon Musk (Elon Musk) held an "extensive investor conference call" at Citigroup and Goldman Sachs to talk about Tesla's autopilot strategy, detailing what he and other executives said at the recent "Autonomy Day" event for investors.
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.
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.
Although the delivery volume of Xilai is far ahead of other new domestic car-building forces, its profitability is worrying. At the earnings conference call for the first quarter of 2020, Weilai CEO Li Bin said that from the perspective of Weilai China, there is the possibility of listing in China's capital market, and Weilai makes a comprehensive decision based on all aspects of the subsequent situation in China's capital market. As for the impact of Volkswagen's acquisition of a 50% stake in Jianghuai on Weilai, Li Bin said on a conference call that the cooperation between Weilai and Jianghuai is a win-win situation, and the emergence of more new energy car manufacturers in Hefei, Anhui Province is a positive thing, even if Volkswagen reaches a war with Jianghuai.
On February 9, Great Wall Motor released an ASEAN strategy called "44th" on its official account. It is understood that the first anniversary online conference of GWM brand Thailand was held in Bangkok, Thailand on the 9th. At the press conference, the GWM brand ASEAN region super symbol was officially released. At the same time, Great Wall Motor reaffirmed the new energy strategy in Thailand market and proposed to accelerate the ASEAN market layout planning. At the same time, Great Wall Motor reaffirmed the new energy strategy in Thailand market and proposed to accelerate the ASEAN market layout planning. Great Wall Automobile released the "44th" strategic layout of the ASEAN market. At the press conference, Great Wall also released the core strategy of the Thai market: focus on user voice; continue to create a new user experience: "new energy, new intelligence, new."
Several climate and environmental groups, including Greenpeace and Germany's Umwelthilfe, have called on automakers to stop producing and selling SUV cars as part of a campaign to curb environmental pollution in the auto industry, Reuters reported. On the eve of the Frankfurt Motor Show, the climate and environmental group said at a news conference that automakers should stop developing large, heavy and internal combustion engines. "as long as SUVs, rather than small electric vehicles, dominate car transport, cars will remain a concern for climate activists in the United States." The federation said. Volkswagen CEO Dis agreed to meet on Monday night.
On May 29th, Lulai held a media conference call. Li Bin, chairman and CEO, and Qin Lihong, president of Lulai, were interviewed by various media. In an interview, Li Bin said: "We don't think 100000 cars a year is enough. We definitely need a second base." It means that Weilai will plan to build a second manufacturing base, and one manufacturing plant will certainly not be enough. The Hefei manufacturing plant has a capacity of only 100000 vehicles, which can not meet the later demand. Li Bin also said that at the initial stage, they planned to set up a manufacturing base in Shanghai. After the Ministry of Industry and Information Technology issued an article last year, they also gave the cooperation model and direction, and got the support of the policy.
On the afternoon of September 24th, Xilai officially released its financial statements for the second quarter. It is understood that the operating income of Lai Automobile was 1.5086 billion yuan, down 7.5% from the previous month. It was attributed to shareholders with a net loss of 3.2858 billion yuan, compared with a loss of 6.11 billion yuan in the same period last year. According to statistics, the cumulative loss in the first half of this year is as high as 5.908 billion yuan, plus the loss in the three years from 2016 to 2018 is 3.518 billion yuan / 7.565 billion yuan / 23.328 billion yuan, representing a cumulative loss of 40.345 billion yuan. In a conference call held by Lulai at 8: 00 p.m. on September 15, the CE... of Lulai Motor
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.
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 the occasion of Singles Day, Sailin announced the prices of two new models, including a subsidized sports version of 158800 yuan and a cherry meatball customized version of 168800 yuan. Officials call the car a "small urban electric sports car" with a top speed 130km/h and a comprehensive 305km. Sailin Automobile is an American super car brand. Jiangsu Sailin Automotive Technology Co., Ltd., jointly established by a number of investors, was introduced into China. The first domestic model was a pure electric minicar named "Maimai" with an asking price of more than 100,000 yuan, causing many netizens to complain. Some netizens said bluntly: IQ testing car! Sailin Mai Mai.
Ferrari's CEO Louis Camilleri announced in this year's Ferrari conference call that it will launch a hybrid sports car with a mid-engine, which has earlier revealed a set of road test photos. The new car, based on the Ferrari 488, is likely to be equipped with a V8 twin-turbocharged engine and an electric motor, with the first delivery expected in early 2020. The position of the car in the Ferrari system is slightly higher than that of the 488 models, and the front grille has been changed in appearance compared with the 488. The new car is expected to be named 486.
The official and declaration drawings of SAIC GM Wuling's first all-electric SUV model have been released on Feb. 13. The new car is called Yep in English and Baojun Yueya in Chinese, and is expected to go on sale this year. In fact, as early as last year, at the launch conference of the 2023 Baojun KiWi EV, SAIC GM Wuling
Recently, Tesla announced his third-quarter results to the public. In a conference call after the announcement, Tesla Musk revealed that the current focus of the car development team is on developing the next generation of cars. Musk said that the cost of the next generation of cars is only half that of the Model 3, and the output may be higher than that of Tesla.
On March 22, Evergrande New Energy vehicles held a meeting on Hengchi 5 production. At the meeting, Evergrande Chairman Xu Jiayin said: "the Automobile Group must work hard day and night, work hard for three months, and must achieve Hengchi 5 production on June 22." lay a solid foundation for the healthy and sustainable development of Evergrande. " Evergrande Group also held a global creditor conference call on the same day for the debt issue that has been of concern to the outside world. Evergrande Executive Director Sean disclosed at the meeting that Evergrande's foreign debt is equivalent to $22.7 billion. The company is actively cooperating with relevant departments to dispose of assets and strive for as much surplus value as possible to flow back to the company. Evergrande is not adamant.
At the 2019 World Intelligent Network Automotive Conference held on September 16th, Jiading District of Shanghai will join SAIC, China Mobile and Huawei to launch the world's first intelligent transportation demonstration project of 5GAA. After the launch of the 5G intelligent demonstration transportation project, Shanghai Jiading will explore the intelligent travel ecological chain with members of SAIC, China Mobile, Huawei and Shanghai International Automobile City 5GAA through the project, promote the Internet demonstration application and promotion of 5G vehicles, and create a future intelligent transportation model project. The Quartet will work together to take the lead in the pilot project based on human-vehicle-road in the 5G Intelligent Transportation demonstration Zone of Shanghai International Automobile City.
Cool techs, the research and development of Great Wall Motors, was unveiled at the eighth Great Wall Automobile Science and Technology Festival on June 28. Among them, a technology called "collagen outlet module" claims that universal tuyere can be integrated in the ceiling light to achieve the effect of beauty and hair care. According to the staff, it can be integrated in the ceiling light universal tuyere to achieve beauty and hair care effect, its core is a "collagen module", a module price of about 100-200 yuan, valid for 3-5 years, collagen is sprayed in the form of gasification, users can choose fragrance flavor. It is understood that this module is jointly opened by Great Wall Motor and Hokkaido University.
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
Deadlock! Volkswagen may face mass strike
Many BMW 4S stores are running away! Fujian Consumer Council named
Chicken feathers all over the ground! A total of 570 million yuan has been executed by the giant 4S store giant group
It really looks like this! New BMW iX3 patent map exposed
Another family! Ford officials announce layoffs of 4000 people
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