On September 15, Evergrande Automobile (00708.HK) announced that it would raise HK$ 4 billion by placing new shares, and arranged to introduce many internationally renowned investors such as Tencent, Sequoia Capital, Yunfeng Fund (a private equity fund initiated by Jack Ma, founder of Alibaba Group) and Didi Chuxing in new ways. This will help Evergrande to further enrich its liquidity, improve its capital structure and make final preparations for the upcoming mass production.
According to the news, the first batch of six cars of Hengchi have been unveiled at the same time, forming a full coverage from A to D and cars, SUVs and MPV models. The two major production bases in Shanghai and Guangzhou have also entered installation and commissioning, and mass production is planned for the second half of next year. This placement was oversubscribed in a short time, which shows that investors have high confidence in Evergrande's development prospects and future share price.
The development of the new forces of building cars is inseparable from BAT.
Different from traditional car companies, the new forces of making cars all start with a PPT. Most of them have no factories, lack production qualifications and deep technical accumulation. In order to realize mass production of vehicles, it is necessary to continuously finance and burn money to narrow the gap with traditional car companies. Wei Bin once said that it is best not to build a car without 20 billion yuan.
Looking back on the rapid development of new car-making forces in recent years, in fact, most of them are inseparable from the full support of Internet companies such as BAT. Moreover, the field of travel seems to have become an important main direction of Internet giants, and their shadows are indispensable for Angel Wheel, A Wheel and B Wheel.
Since 20 15, Tencent Investment * * * has participated in 4 rounds of financing in Weilai Automobile 12; In Weimar's C round of financing, Tencent led the investment of 200 million yuan; Baidu also participated in the related financing of Weimar and Weilai; In the past few years, Alibaba has participated in the financing of travel companies, such as Xpeng Motors, Didi Chuxing and Gaode Software.
Unlike many new car-making forces that are short of money, Evergrande started from scratch, but found another way. By exchanging capital for technology and buying NEVS in a "buy-while-buy" way, NEVS has successively acquired the world's top technologies such as vehicle manufacturing, battery, powertrain and 3.0 chassis architecture, greatly shortening the R&D and production cycle of new energy vehicles.
Not only that, Evergrande also invested in Koenigsegg, and signed contracts with 60 global core component suppliers such as Bosch, ZF and Delphi to form a world-class luxury "friend circle" to ensure the first-class quality of Hengchi.
Is Evergrande really for this 4 billion? Didi travel map?
But building a car is like a bottomless pit that burns money, with large investment and long payback period. Although Evergrande has a strong family background, it still has to bear great financial pressure to realize mass production and self-hematopoiesis. Volkswagen, Toyota and other traditional car giants are accelerating the pace of electrification in China. Coupled with the oppressive feeling brought by Tesla's localization, Evergrande should not only prepare the "grain and grass" for making cars, but also recruit and strengthen its own strength.
As Li Shufu once said, there is no future to fight alone. The 4 billion yuan obtained from this successful placement will definitely play a positive role in promoting Evergrande's layout in the field of new energy, especially in the field of Internet of Things and autonomous driving. Careful observation of investors will also find an interesting phenomenon. Looking at the previous investments, except Didi, generally speaking, Ali and Tencent will hardly invest in one company at the same time.
In other words, Didi Chuxing not only invested in Evergrande, but also brought in its two major investors, Ali and Tencent. The investment behavior of such a big move was strongly countered by the US Mission because of Didi Chuxing. Meituan has an unparalleled advantage in local life service, constantly laying out the field of travel and launching a powerful offensive against Didi.
On the other hand, Evergrande Health has been listed through new media, and Evergrande Football and Evergrande Culture have also announced their applications for listing in July. It involves a series of businesses such as health management, community home care service, tourism project development, hotel management, etc., and basically covers life scenes such as eating, traveling, playing and living. It is a high-quality platform connecting B-end and C-end.
Previously, Evergrande Real Estate announced the introduction of a strategic investment of HK$ 23.5 billion, with the participation of Ali Department and Tencent Department. Whether Ali or Tencent shares in Evergrande Automobile, it is beneficial for the original plate to produce greater synergy and chemical reaction in its ecology. On the other hand, it can also be understood as a continuation of the competition between the two sides for offline traffic portals.
Giants have invested in shares, and Evergrande's future can be expected.
As early as 20 17, Tencent acquired a 5% stake in Tesla at a high-profile price of1800 million US dollars. If calculated by the highest share price of Tesla this year, Tencent has made a profit of more than ten times in just over three years, which is enough to see the potential of new energy auto stocks. In the first half of 2020, Evergrande achieved an operating income of 45 1 billion yuan, a year-on-year increase of 70.3%; Gross profit was 65.438+0.26 billion yuan, a year-on-year increase of 65.438+0.07%.
The stock price soared from the lowest of 4.78 yuan/share on March 23rd this year to 24.5 yuan/share today, with a total market value of 2 1, 2 1 billion yuan, which is favored by the capital market and has a broader development space.
Evergrande Automobile has covered the industrial chain of new energy vehicles such as vehicle manufacturing, battery, powertrain, automobile sales and intelligent charging through generous "buy buy Buy", and officially opened the closed loop of the whole industrial chain of "research, production and sales". Thanks to a series of arrangements, Evergrande has made great achievements in just two years.
At present, six cars of Hengchi are launched in the world and will be mass-produced in the second half of 20021. There are also huge automobile sales channels and after-sales service outlets in rapid preparation; More importantly, Evergrande obtained "double qualification" for vehicle production after entering NEVS. Compared with other new forces, Evergrande has too many advantages.
With such fierce development momentum and great potential, it is natural for Evergrande to attract more capital.
Zhongshu
Under the butterfly effect brought by Tesla, new energy automobile stocks seem to be reborn in the capital market, which has been highly recognized and generally favored by capitalists. Mutual benefit network giants joined hands to become shareholders, which undoubtedly opened the key for Evergrande to build a car, and also brought great imagination to Hengchi to help it quickly occupy the market. In addition, the synergy generated by all parties is also expected to spark more sparks in the field of car networking and autonomous driving, bringing innovative car experience to the automobile market.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.