MONDAY

Weilai plans to increase its shareholding in Weilai China

On August 31, Weilai officially announced its plan to issue additional shares: the company plans to issue 88.5 million American Depositary Shares at an issue price of $17, and the estimated total financing amount is between $1.5 billion and $1.726 billion, which is higher than the company's forecast of $1.4974 billion and $1.722 billion.

according to weilai's 22 financial report, as of June 3, 22, its cash reserves amounted to 11.1675 billion yuan. Subsequently, on July 1th, Weilai obtained 1.4 billion comprehensive credits from six major banks.

About $1.7 billion raised by Weilai's additional issuance minus $325 million for repurchasing Weilai's shares in China still leaves about $1.3 billion, or about RMB 9.7 billion.

After the pricing news was announced, the share price of Weilai Automobile once fell by more than 5% before the market. It is worth noting that the underwriters of Weilai Automobile's share issuance are Morgan Stanley, CICC and Bank of America Securities, which is also the company's re-issuance of shares after June this year.

At the same time, according to official sources, the amount raised will be mainly used for increasing the shares of Weilai China, exercising the share repurchase right of Weilai China, developing autonomous driving technology and expanding the global market.

everyday view: Weilai plans to increase its shareholding in Weilai China this time, which will strengthen its long-term rights and interests in Weilai China.

TUESDAY

The prospectus of Geely science and technology innovation board is open

On September 1st, Geely Automobile Holdings Co., Ltd. disclosed the prospectus of science and technology innovation board's initial public offering on the Shanghai Stock Exchange.

according to the prospectus, the company's products are divided into two brands, Geely and Geometry, covering the A-B mainstream passenger car market. In 217, 218, 219 and January-June 22, the total sales of Geely and Geometry brands were 1,241,1, 1,38,4, 1,233,5 and 475,7 respectively.

in 217, the company launched a brand-new mid-to-high-end joint venture brand, Lexus. In 217, 218, 219 and January-June 22, the sales volume of Lexus was 6, 124, 1281 and 548 respectively.

Geely speaks with data, indicating that it is at the head of its own brand in China. In recent years, for the transformation of the automobile market, Geely has achieved a comprehensive layout in the new four modernizations (electrification, intelligence, networking, and enjoyment). By 219, the allocation rate and market share of Geely's new production model L2 have reached the first place in the industry.

An Conghui, CEO of Geely Automobile Group, is also full of confidence in Geely's development in the new four modernizations, and said: "At present, Geely has formed a number of independent core technologies in electronic and electrical architecture, electronic control technology, autonomous driving, vehicle networking and vehicle-road coordination."

Although, in the "risk factors" part of the prospectus, Geely Automobile said that the COVID-19 epidemic had a certain impact on the company's production, operation and financial situation from January to June 22.

However, the impact is limited. As of the signing date of the prospectus, Geely Company has fully resumed its work, and there are no obstacles in daily procurement, sales orders and other major contracts. The impact of the epidemic on the international economic environment has not caused significant adverse effects on the company.

Everyday view: Landing in Chuangke Edition will definitely help Geely to fully transform into the strategic goal of "Science and Technology Geely". The simultaneous listing of A shares and Hong Kong stocks will also enable Geely to make better use of domestic and international market resources.

WEDNESDAY

China Automobile Association estimated that the sales volume of automobiles in August was 2.18 million.

On September 2, China Automobile Industry Association predicted that the sales volume of automobiles in August was 2.18 million, up 3.2% from the previous month and 11.3% from the same period last year. Among them, passenger cars increased by 4.4% and commercial vehicles increased by 37.5%.

In addition, the China Automobile Association also announced the second batch of enterprises and models participating in the activities of new energy vehicles going to the countryside. The list includes 14 companies including SAIC-GM-Wuling, BYD, Changan Automobile, Great Wall Motor and Chery Commercial Vehicle, involving 36 models.

car companies participating in new energy vehicles going to the countryside promise that they will give some special benefits to the countryside after deducting the national purchase subsidy from the vehicle price. At the same time, enterprises will cooperate with local governments to install charging facilities for car owners and establish and improve the after-sales service system of new energy vehicles covering rural areas.

Not long ago, Ning Ji Zhe, deputy director of the National Development and Reform Commission, said that in the second half of this year, it will promote the transformation and upgrading of automobile and household appliances consumption, encourage cities with restricted purchases to appropriately increase the purchase quota of automobiles, relax the purchase restriction of new energy vehicles, and give appropriate subsidies for the purchase of new energy vehicles.

For a long time, the sales volume of new energy has been greatly affected by state subsidies, so the announcement of this list of going to the countryside will definitely boost the sales volume of new energy market in the second half of the year.

Xu Haidong, deputy chief engineer of China Automobile Industry Association, said: "New energy vehicles will maintain a relatively stable growth in the next few months of this year. It is estimated that the domestic new energy vehicle market will sell 1.1 million vehicles this year."

everyday view: as an important direction of automobile industry transformation, new energy vehicles have become one of the projects to promote the expansion and upgrading of travel consumption. While stabilizing subsidies, the rural market where there is still room for incremental automobile products has become a new position to promote new energy vehicles.

THURSDAY

GM and Honda deepen cooperation

On September 3rd, GM and Honda signed a memorandum of understanding to form an automobile business alliance in North America. The two sides plan to develop models for their respective brands in the form of alliances, and cooperate in the fields of procurement, R&D and car networking services.

The contents of the agreement show that GM and Honda have cooperated for a long time, nearly 2 years, and this cooperation has brought the relationship between them to by going up one flight of stairs.

GM President Kyle Reith (Mark? Reuss) said in a joint statement: "Through the alliance, the two sides will optimize resource allocation and accelerate investment in future mobile travel. The cooperation between the two companies was very close before, so significant synergy will be achieved when developing the current car lineup. "

in fact, as early as April this year, the two sides initially revealed the cooperation contents, including that Honda will jointly develop two brand-new Honda pure electric vehicles based on GM Ultium battery and highly flexible global electric vehicle platform.

However, Honda spokesman Koji? Watanabe said: "Many details of the cooperation have not been finalized, such as which car to build first, when to go on the market, or the estimation of synergy."

Everyday View: Based on this cooperation, the North American Alliance will pool the advanced technologies of GM and Honda and improve cost efficiency. In addition, GM and Honda will plan to share R&D and engineering costs and jointly develop future models and drive systems, which will significantly reduce costs.

FRIDAY

KIA announced August sales? On September 4th, yueda Kia of Dongfeng announced that its sales volume in August was 21,848 units, up by 1% year-on-year, maintaining positive growth for five consecutive months, and the company's operating income increased by 23.7% year-on-year.

in terms of sub-models, the sales volume of Zhipao increased by 3.8% year-on-year, KX5 increased by 116.9% year-on-year, and the sales volume of main sales models with a price of over 1, yuan reached 79.2%. Kia is maintaining a steady and benign cycle with its continuously optimized product structure.

not only that, but as the flagship model of the brand to be listed soon, Kaiku (ALL? NEW? K5) As of August 31st, the cumulative order has reached 8,847 units, and 5, limited "large orders" have been sold out in advance. Kaiku didn't make a first fire, which greatly boosted Kia's market vitality.

it is understood that kaiku is a Dream created by KIA's transformation into "z generation". Car, since its debut, has attracted countless attention with its high value, technology and other characteristics.

not only that, but at the same time that Kaiku announced the pre-sale price, Kia also released a big move, and jointly launched the gift package, replacement gift, lifelong gift, love gift and ordering gift "Cool Enjoy Five Gifts", which differentiated from the same-class models from the moment of car purchase, thus winning sales.

everyday view: in recent months, the whole network of Kaiku has been on fire, and online and offline marketing has been continuous. From the order volume, it is really "out of the circle". It is understood that Kaiku will be listed on September 7, and how many successful conversions of 8,847 orders will be achieved in the end, let us wait and see. (writing an article? |? Song Yuting)

This article comes from the author of Chejia, car home, and does not represent car home's standpoint.