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  Dongfeng Automobile New Energy Industry Fund has been put on record with a total size of 1.2 billion yuan.

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  Dongfeng Motor New Energy 2019-11-11
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  BAIC New Energy received 400 million yuan in support funds in half a year, and new energy subsidies reached 1.155 billion.

  In July and September, BAIC New Energy announced that the company had received a total of 30 million yuan from the Huanghua municipal government to support the new energy vehicle industry, which BAIC included in its total profits in 2019. In fact, the Hebei Huanghua municipal government also allocated 20 million yuan in industrial support funds to BAIC New Energy in January this year, so the total support funds reached 50 million yuan. In addition, in January, the Finance Bureau of the Beijing Economic and technological Development Zone also allocated 350 million yuan in industrial support funds to BAIC New Energy. The funding for industrial support has reached 400 million yuan this year. With regard to subsidies for new energy vehicles, BAIC New Energy has won the central new energy this year.

  2019-07-10
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  Awesome! FF China headquarters will land in Huanggang City.

  Faraday Future and Huanggang City have signed a strategic cooperation agreement, the framework agreement was signed in the third quarter of 2022, and the two sides will contribute their respective advantages in investment, scientific and technological innovation, industrial transformation, location and policy, the FF official said in a Weibo post today. According to the box signed by both parties

  Industry Fund Huanggang Yangtze River Strategy Hubei Cooperation Project China Huanggang City Development headquarters shareholders Faraday Farah 2023-01-18
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  Lai Automobile reduces the proportion of provident fund contribution to 5% because of difficulties to reduce costs.

  According to domestic media reports, Lai Motors announced that it would reduce the proportion of provident fund contributions from the current 12% to 5% from September. Lai Motors said that the company was currently experiencing difficulties and returned to the actual situation of start-up companies in order to concentrate resources to support front-end business development. starting from next month, under the condition that the basic benefits of employees will not be affected, the provident fund will be paid at a statutory rate of 5%. This adjustment involves all employees of various departments in China. Due to the different statutory standards and operating procedures of provident fund in different places, the implementation time will be slightly different. In May 2018, the Ministry of Housing and Construction, the Ministry of Finance and the Central Bank issued a statement on improving housing.

  Car Weilai proportion 2019-08-29
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  It is said that BYD will stop paying the housing provident fund from April to June, saying that it will make up the payment later.

  In the face of the sudden impact of COVID-19, it must have a great impact on all kinds of industries. As a new energy vehicle company, BYD Automobile is particularly difficult in the declining new energy vehicle market, so that there is some "negative" news.

  BYD 2020-04-21
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  It is exposed that the terms of IPO competition: eight major investment banks are prohibited from raising funds for competitors.

  On September 13, 2018, Weilai Motor listed on the New York Stock Exchange, becoming the first Chinese electric vehicle listed in the United States and the second major electric vehicle manufacturer to conduct an IPO after Tesla, mainly to raise funds. With the sharp decline in subsidies for new energy vehicles in China, many new car-building forces are also seeking to go public to raise further funds. Xilai has blocked eight of the world's top investment banks for its IPO from serving competitors through a rare year-long non-compete clause, according to Reuters, citing sources. At that time, Xilai hired Bank of America Merrill Lynch, Citigroup, Credit Suisse and Germany.

  2019-03-30
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  Lifan's account is frozen and unable to repay its debts, and its financial situation is worrying.

  Sales decline, performance losses, factory shutdown, deep debt, Lifan suffered the biggest crisis in history. On December 17, Lifan shares announced that the company used 449 million yuan of idle funds raised by the previous non-public offering shares to temporarily replenish 10 million yuan of the working capital on December 17, 2019. Because the special account of raising funds opened by the company related to the previous non-public offering shares has all been frozen, in order to ensure the safety of the company's funds, it is temporarily unable to return to the raising fund account. In addition, Lifan due to financial constraints, part of the funds raised before has not yet been bad, delinquent so far. In the announcement, Lifan said.

  Lifan 2019-12-18
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  Geely Group sets up 200 million yuan special fund for prevention and control of new pneumonia

  The epidemic situation of COVID-19 is changing every day, affecting the hearts of every Chinese. Today, Geely officially announced that it will work with the Li Shufu Public Welfare Foundation to set up a 200 million yuan special fund for the prevention and control of the new type of pneumonia, which will be used to support the prevention and control of the epidemic in Hubei, Guangdong, Zhejiang, Henan and other areas with serious new types of pneumonia. At the same time, Geely said it would further expand the size of the special fund in due course according to the needs of epidemic prevention and control.

  Geely Group 2020-01-28
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  The national new energy subsidy, BYD's family gets nearly 4 billion.

  On September 6th, the Ministry of Industry and Information Technology issued the announcement on the preliminary examination of the liquidation and examination of subsidy funds for the promotion and application of new energy vehicles in 2016-2020. According to the public announcement, the sale of 1.0974 million new energy vehicles was completed from 2016 to 2020, with a total subsidy of 32.946 billion yuan after the whole vehicle enterprises were restructured. From the perspective of car companies, BYD, BAIC, Dongfeng Motor, Tesla, Chery, Geely Automobile, Great Wall Motor, SAIC and Guangzhou Automobile will receive more than 1 billion yuan in subsidy funds in this liquidation. BYD can get a subsidy of 3.98 billion yuan. In 2020, the enterprise.

  BYD 2021-09-07
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  Aichi Motor received a financing of 1 billion yuan to solve the problem of the new car's announcement and acquisition of Jiangling.

  Following the financing of 10 billion yuan from Xilai Automobile, another new car-building force, Aichi Automobile Co., Ltd., also received an investment of 1 billion yuan from the Mingchi Fund this month. On May 9, Jiangxi Province Development and upgrading guidance Fund completed its contribution to Shangrao Mingchi New Energy Innovation Investment Center (Mingchi Fund). The amount of funds guided this time is about 1 billion yuan, including 300 million yuan from the provincial guidance fund. it is specially invested in the construction of the Shangrao workshop and production line of Aichi's production capacity of 300000 new energy electric vehicles, as well as the research and development of new models and the layout and construction of nationwide electric vehicle sales experience stores. It is understood that the Mingchi fund is receiving.

  Cars launches financing new cars acquisitions Jiangling 2019-05-29
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  FF is exposed to architecture governance! Jia Yueting set up a personal debt repayment trust to solve the debt problem.

  Jia Yueting, founder and CEO of FaradayFuture, is transforming FF's existing top governance structure by introducing a partnership system and handing over top governance to a "partner committee", according to people close to Faraday's future. At the same time, Jia Yueting will also set up a personal debt repayment trust fund as a domestic debt repayment fund. In June 2018, Evergrande formally reached a cooperation with Evergrande, and Evergrande became the largest shareholder of FF. The two sides then parted ways at the end of 2018 because of equity issues. Since January 1 this year, FF and Evergrande score, FF admitted in the funding side.

  Jia Yueting 2019-08-26
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  Details of the fourth batch of subsidies for new energy vehicles to be allocated by Beijing in 2019

  The Beijing Municipal Bureau of economy and Information Technology issued a public announcement on the financial subsidy funds for the fourth batch of new energy vehicles. A total of 748 new energy vehicles involving seven enterprises will be allocated 34.4142 million yuan. Among them, passenger car companies include Chery, BAIC, SAIC and Jianghuai. BAIC accounted for most of the subsidy funds, reaching 25.633 million yuan. It is understood that this publicity is in accordance with the Beijing Municipal notice on the Adjustment of relevant policies on the demonstration and Application of New Energy minibuses in Beijing (Jing Kefa No. 1 (2017) No. 25), and the detailed rules for the Management of Financial subsidy funds for Beijing demonstration and Application of New Energy minibuses (revised).

  Automobile Beijing New Energy New Energy vehicle 2019 2019-06-15
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  Subsidy for renewal of life? BAIC Langu received another 300 million yuan in industrial incentive funds

  Since the second half of 2019, due to the tightening of policy subsidies, the performance of the domestic new energy vehicle market has declined for several months in a row, such as BAIC Blue Valley and many other new energy vehicle companies that were originally profitable. A few days ago, BAIC Blue Valley announced that it had received another 300 million yuan in incentive funds for high-tech industries, and planned to be included in the total profits in 2019. On January 1 this year, BAIC Blue Valley announced that BAIC Blue Valley New Energy Technology Co., Ltd. recently received a notice from the Financial Audit Bureau of Beijing Economic and technological Development Zone on the allocation of highly sophisticated industry incentive funds to BAIC Blue Valley New Energy Technology Co., Ltd.

  BAIC Blue Valley 2020-01-03
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  With an additional 5 million yuan, the user trust raised special funds to fight the new type of pneumonia.

  Under this ruthless COVID-19 epidemic, a number of Chinese and foreign automobile companies have donated and purchased medical materials to support our country in fighting the epidemic. As of the evening of the 28th, more than 30 automobile companies had made donations. However, Tesla only opened free overcharge, as well as Weilai donated 300000 yuan of medical supplies caused extensive discussion among netizens. Netizens have different opinions. Many netizens think that such a large enterprise only donates so little, it seems that there is a serious shortage of money. There are also some netizens said that as long as it is to do public welfare and charity is very good. In view of the pneumonia epidemic, Weilai added 5 million yuan of special fund, Yulai user letter.

  Xilai Automobile Wuhan China 2020-01-29
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  Profits have declined for two years in a row, and Changan Mazda has listed shares to raise funds.

  It is learned from the Beijing property right Exchange that the capital increase project of Changan Mazda Automobile Co., Ltd. has been officially disclosed. According to the project announcement, after the completion of the capital increase project of Changan Mazda Automobile Co., Ltd., the shares held by the new investors shall not exceed 5% (inclusive), and the total shareholding proportion of the original shareholders shall not be less than 95% (inclusive); the proposed new registered capital is 5.8404 million US dollars, and all the funds raised in excess of the new registered capital shall be included in the capital reserve and shall be shared by both new and old shareholders according to the proportion of their shareholdings. The purpose of raising funds is to "improve business quality, improve and optimize industrial layout, and enhance the competitiveness of enterprises." In view of this capital increase.

  Mazda 2021-06-22
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  After Lifan, another car company will be "revived", and the brand-new model will be exposed.

  After Lifan was revived by Geely, BAIC Yinxiang, which is mired in the debt crisis, is also expected to "revive". Recently, the second creditors' meeting of BAIC Yinxiang Automobile Co., Ltd. and Chongqing BAIC Magic Speed Automobile sales Co., Ltd. was held in the national enterprise bankruptcy reorganization case information network, and finally all the voting groups passed the draft reorganization plan by a large vote. This means that BAIC Yinxiang, which is mired in the debt crisis, is expected to usher in new development opportunities. It is revealed that after the restructuring of BAIC Yinxiang, the four shareholders contribute in the following ways: special fund with RMB 1.2 billion yuan; Yinxiang Group with RMB 487 million yuan; and Hechuan Transportation Company.

  BAIC Yinxiang 2021-02-05
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  "Life-saving money" fell through? Evergrande Automobile sudden announcement

  On the evening of October 8, Evergrande announced that it had applied to the Stock Exchange to resume trading in the company's shares from 9: 00 a.m. on October 9, 2023. In addition to announcing the resumption of trading, Evergrande also brings an important piece of inside news. Evergrande said in the announcement that on September 29, 2023, it will receive

  Evergrande Automotive Group Capital Newton shares Investment Company Plan restructuring Strategy transaction announcement condition people 2023-10-09
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  The loss in the first quarter exceeded that of last year, and Aston Martin will issue new shares to raise funds.

  According to media reports, Aston Martin announced that it would issue new shares to raise funds, worth up to 20% of Aston Martin's existing share capital. Aston Martin's announcement of a new share issue to raise funds has a lot to do with the current global auto market environment and Aston Martin's internal operations. Aston Martin's cumulative global sales in 2019 were 5819, down 7 per cent from a year earlier, according to the data. Aston Martin said that due to the market downturn, there has been a decline in demand for luxury cars in Europe, especially in the UK, resulting in poor sales, which continued throughout 2019. Enter 202.

  Aston Martin 2020-06-27
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  FF received more than 250 million investment from BNP Paribas

  On Aug. 30, BNP Paribas Energy Transformation Fund invested $40 million (about 250 million yuan) in FF on behalf of BNP Paribas Asset Management, according to Faraday Future filings with the Securities and Exchange Commission (SEC). It is understood that BNP Paribas Energy Transformation Fund is one of the investors in FF listed PIPE. At present, BNP Paribas Asset Management has 445 billion euros of assets under management, which is the investment management business of BNP Paribas, a large international financial institution, and ranks among the top 30 fund companies in the world. Last month, Jia Yueting built it all by himself.

  FF 2021-08-30
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  Live on subsidies? BAIC New Energy receives another 500 million financial subsidy

  A few days ago, BAIC Blue Valley New Energy announced that the company received 500 million new energy financial subsidies. According to accounting, BAIC New Energy has received more than 670 million yuan in industrial support funds this year. On August 31, BAIC Langu New Energy received the notice of the Finance Bureau of Beijing Economic and technological Development Zone on the allocation of industrial support funds to BAIC Langu New Energy Technology Co., Ltd., and the new energy vehicle industry support fund of RMB 500 million. The announcement said that the impact of the above government subsidies on the company's total profits in 2019 is expected to be 500 million yuan. In July September 2019, BAIC New Energy announced that it was a subsidiary.

  2019-09-02