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Luxshare acquired Chery, has Chery become a private enterprise?
Recently, enterprise survey information shows that Chery Automobile Co., Ltd. has undergone industrial and commercial changes. More than a dozen companies such as Chery Holding Co., Ltd. and Hanhai Industrial Investment Fund Management Co., Ltd. withdrew from the ranks of shareholders of Chery Automobile Co., Ltd., and its largest shareholder was changed to Li Xun Co., Ltd., and its shareholding ratio also rose to 76.7438+0%. This information has caused great controversy on the Internet. It is speculated that this change may be a problem at the management level of Chery Automobile.

In this regard, at noon on February 5, 65438, Chery Holding Group and Chery Automobile issued a joint statement saying: At present, the major shareholders of Chery Automobile Co., Ltd. and their shareholding numbers have not changed. The top four shareholders are Chery Holding Group Co., Ltd., Anhui Credit Financing Guarantee Group Co., Ltd., Wuhu Construction Investment Co., Ltd. and Li Xun Co., Ltd., among which Li Xun Co., Ltd. holds 7.87% of the shares. Chery is currently correcting the industrial and commercial information of relevant institutions and platforms.

However, at present, Chery Automobile has not released the corrected information on changes in equity, and Li Xun Co., Ltd. has not made a public response to this matter.

According to public information, Chery New Energy Vehicle was formally established in April 20 10, and its legal representative is Yin Tongyue. In June this year, 5438+ 10, Chery Holding Group released a monthly sales report, in which the sales volume of Chery Automobile in September was112,900 vehicles, up112.6% year-on-year; /kloc-from October to September, 65,438 * * * sold 679,800 vehicles, up 55% year-on-year.

In recent years, Chery has continuously streamlined its brand and technology introduction, and the sales of new energy and overseas markets have shown explosive growth. In 202 1 year, Chery's cumulative sales reached 96190,000 vehicles, up 3 1.7% year-on-year. This year, thanks to the good performance of the market, Chery is also expected to hit the annual million sales mark. The sudden change in the management of the company does not seem to be in line with the current development of Chery Automobile.

As another focus of this equity change, the acquisition reason of Li Xun Co., Ltd. is more reliable. In recent years, Luxshare, a subsidiary of Li Xun Co., Ltd., has been conducting cross-border exploration outside the 3C electronics industry.

Luxshare was founded in 2004, and it took only six years to land in the A-share market. In the past decade, Luxshare's revenue has increased by more than 60 times, and its profit has increased by more than 40 times. During this period, its deep connection with Apple made Luxshare a "fruit chain elder brother" in China.

However, due to the deep binding with Apple, Luxshare faces the problem of being too dependent on Apple in the new decade. To this end, Luxshare has updated its medium-and long-term goals, hoping to become the Tier 1 (first-class supplier) of the automobile industry. In February this year, Luxshare's major shareholder, Li Xun Co., Ltd., purchased a 9.88% stake in Chery Holdings/KLOC-0 for RMB1005.4 billion, taking the first step to enter the car-making industry with ODM OEM mode.

The founder of Luxshare once said: "The most important thing for Luxshare to invest in Chery ODM business is the opportunity of Tier 1, and it wants to enter the top ten in Tier 1 in the next decade".

China Merchants Electronics believes that Luxshare automobile business has been settled in for more than ten years. As the leader of consumer electronics precision manufacturing platform, LuxShare has a large number of incremental intelligent automobile parts capabilities, excellent management capabilities, mature ODM vertical integrated manufacturing experience and international first-line technology giant customer relationships, which is expected to help Li Xun cross-border new car Tier 1.

In the previous investment, Li Xun said that Luxshare and Chery New Energy will form a joint venture company. The core task of the joint venture company is the research and development and manufacturing of new energy vehicles, and the research and development design and platform construction are done together with Chery Automobile. Products will not only be supplied to Chery, but also to other automobile brands.

However, as of now, the two partners have not disclosed the latest developments of this brand-new joint venture company. But what is worthy of recognition is that it is a foregone conclusion that Li Xun will embrace the automobile industry, regardless of whether Chery's industrial and commercial change information is accurate or not. Under the premise that Foxconn and other companies throw "hydrangea" to automobile enterprises in a high-profile way, the dispute between Tier 1, the traditional supplier of 3C electronics enterprises in the automobile field, is bound to intensify.