Du Yun automobile was shut down in February, and the capital chain has been broken. At present, due to the break of the capital chain, Du Yun Automobile began to stop production in February 2022. The net assets are-30,796,400 yuan. Du Yun automobile was shut down in February, and the capital chain has been broken.
Du Yun automobile was stopped by explosion in February, and its capital has been broken 1. In August 2020, Lin Mi, CEO of Xinlin Du Yun New Energy Automobile Co., Ltd. (hereinafter referred to as Du Yun Automobile) publicly stated: "In 2025, Du Yun will rank among the top three domestic pure electric vehicle brands and participate in the global market competition on behalf of China new energy brands." More than a year has passed, and Du Yun Auto has gradually drifted away from the above goals.
According to the announcement of Haiyuan Composite Materials (002529, SZ), Du Yun Automobile has been losing money since its establishment, and its capital chain has been broken. In the first two months of this year, only 565,438+06 cars were sold in Du Yun. Haiyuan Composite Materials also decided to clear its equity in Du Yun Automobile, and the founder of the takeover was a company with Lin Mi's equity.
Today (April 13), a reporter from China Business Daily called Du Yun Auto Investment Hotline, and the other party said that the company was operating normally.
Haiyuan Composite Materials emptied its stake in Du Yun Auto.
According to the announcement of Haiyuan Composite Materials 12 in the evening, the board of directors of the company deliberated and passed the proposal to transfer the shares of Du Yun Auto 1 1% to Zhuhai Yucheng Investment Center Co., Ltd. (hereinafter referred to as Zhuhai Yucheng) at a transfer price of 22 million yuan. After the above transaction is completed, Haiyuan Composite Materials will no longer hold the equity of Du Yun Automobile.
Previously, Haiyuan Composite Materials announced in September, 2065438+2005 that the company plans to jointly invest 900 million yuan with Fujian Automobile Industry Group, Putian State-owned Assets Investment Co., Ltd. and Liu Xinwen to set up a new energy automobile enterprise.
Among them, Haiyuan composite materials contributed 99 million yuan, accounting for 1 1%. 20 15 12. the above new energy automobile company (i.e. Du Yun automobile) was formally established. Du Yun Automobile is mainly engaged in the design, research and development, production, processing, sales and after-sales service, consulting service, new energy vehicle rental and other businesses of new energy vehicles and auto parts.
Since the establishment of Du Yun Automobile, the shareholding structure of the company has changed many times, but the shareholding ratio of Haiyuan Composite Materials has not changed. Now, why do listed companies choose to quit? In this regard, Haiyuan Composite Materials only stated in the announcement that this transaction is conducive to promoting the company's financial investment and investment withdrawal in non-core business assets, recovering investment funds and increasing the company's liquidity. The company expects that this transaction will have a positive impact on its net profit in 2022, which is about 654.38+0.6 million yuan.
The reporter of National Business Daily noticed that the acquirer Zhuhai Yucheng had previously held a 5.56% stake in Du Yun Auto/KLOC-0, and the shareholding ratio will increase to 26.56% after this transaction, and it will remain the third largest shareholder of Du Yun Auto. The top two shareholders of Du Yun Auto are Putian State-owned Assets Investment Group (holding 43.44%) and Fujian Leading Industry Equity Investment Fund (holding 30%).
Kaixinbao data shows that Zhuhai Yucheng was established in August 2020 with a registered capital of 654.38+0.4 billion yuan; Zhuhai Yucheng shareholders, Shenzhen Qianhai Haotian Investment Management Partnership (Limited Partnership) (hereinafter referred to as Qianhai Haotian) and Lin Mi hold 59% and 465,438+0% respectively. The actual controllers of Qianhai Haotian Xinwangda (300207, SZ), Wang Wang Ming and Wang Wei, jointly hold 100%. Lin Mi is the managing partner of Zhuhai Yucheng and the CEO of Du Yun Automobile.
Du Yun Auto was accused of stopping production, which the company denied.
According to the announcement of Haiyuan Composite Materials, the automobile business situation in Du Yun is not good.
It is said that the annual net profit of Du Yun Automobile and its subsidiaries is negative, and the losses are getting more and more serious. At present, due to the break of the capital chain, Du Yun Automobile has been in a state of production suspension since February this year. At the same time, the production and operation of automobiles in Du Yun are also greatly affected by the declining state subsidies and land subsidies for the new energy automobile industry, the shortage of chips in the market, the shortage of batteries and other factors.
"There are great uncertainties in the future resumption of production time, possible order quantity and revenue confirmation of Du Yun Automobile, and it is impossible to make a reasonable prediction on the operation of the enterprise." The evaluation agency believes that.
According to financial data, as of the end of March this year, the total assets of Du Yun Automobile were 6.5438+0.652 billion yuan, and the net assets were-30.7964 million yuan; 202 1, Du Yun automobile
Its revenue and net profit are 67.7632 million yuan and-2130,000 yuan respectively; In the first quarter of this year, the company's revenue and net profit were 6,602,500 yuan and-55,765,438 yuan+0,360 yuan respectively.
Today (April 13), a reporter from the National Business Daily called the Du Yun Auto Investment Hotline, and the other party denied that the company had stopped production, saying that it was still attracting investment normally. The reporter then called the customer service hotline of Du Yun Automobile as a consumer, and the customer service staff also said that the company was in normal production.
This afternoon, the reporter called a Du Yun automobile dealer in Sichuan (Sichuan Kunweida New Energy Automobile) on the grounds of buying a car. The other party said that there is no existing car at present, and production began in June. There is no car because there is a lack of core and battery. "This car (brand) belongs to Fu Qi Group, and it is not so easy to collapse." The person said.
Subtract external financing
Du Yun automobile had the first-Mover advantage from the beginning. When many new car-making forces were still stuck in "PPT", Du Yun Automobile solved the production qualification problem of new energy vehicles on 20 17, and was one of the earliest enterprises in China to obtain the "birth certificate". At the shareholder level, Fujian Automobile Industry Group, Putian State-owned Assets and Haiyuan Composite Materials all have certain strength; As for the founding management team, Liu Xinwen is the general manager of Chery New Energy Automobile Technology Co., Ltd. and Lin Mi is the vice president of Tengshi Automobile.
However, Du Yun Automobile, which has the right climate and the right people, failed to shine in the new energy automobile industry.
According to Du Yun official website, the company launched the first pure electric SUV π/Kloc-0 in June 20/7, and the second pure electric SUVπ3 in March 20 18. According to car home's website, Du Yun Auto also has a van named Du Yun V 01L.
According to the owner's data, the sales of Du Yun automobile brands can be described as bleak. From July, 20265438 to February, 2022, the monthly sales of cars in Du Yun were all less than 400, including 264 cars in June, 20265438 and 252 cars in February this year.
Image source: screenshot of the owner's homepage
New energy vehicles are very "burning money" industries. However, judging from the public information, there is little news about Du Yun Auto's financing. 2065438+In March, 2009, Haiyuan Composite announced through the interactive platform that Du Yun Automobile was actively promoting its landing on the science and technology innovation board. But after this incident, there is no following. In April of 20021year, Du Yun Auto was exposed to cooperate with Xiaomi to build a car, but Du Yun Auto denied the relevant rumors.
20021July, China Business News reported that Kangdi Technology, the "China Stock Exchange" of new energy vehicles, was in contact with many domestic "new forces to build cars" such as Du Yun Automobile to discuss the acquisition. There has been no public progress in this matter so far.
Du Yun's car was bombed and stopped production in February. The capital has been broken. It has been established for more than 6 years, and Du Yun Auto seems to be unable to support it! Recently, Haiyuan Composite Materials announced that the company transferred its shares of Du Yun New Energy Automobile Co., Ltd. (hereinafter referred to as "Du Yun Automobile") 1 1% to Zhuhai Yucheng Investment Center Co., Ltd. (hereinafter referred to as "Zhuhai Investment") at a transfer price of 22 million yuan. After the completion of this transaction, the company no longer holds the equity of Du Yun Company.
Since the establishment of Du Yun Automobile, its shareholding structure has changed many times, but the shareholding ratio of Haiyuan Composite Materials has not changed. Now Haiyuan Composite Materials has decided to transfer the equity of Du Yun Automobile, with the intention of stopping losses. Haiyuan Composite said in the announcement that the annual net profit of Du Yun New Energy Automobile Co., Ltd. and its subsidiaries was negative, and the loss situation became more and more serious.
At present, due to the break of the capital chain, Du Yun Automobile has been in a state of production suspension since February 2022. According to the data, as of March 3, 2022, the total assets of Du Yun Automobile were16.52 million yuan, the total liabilities were16.82 million yuan, and the net assets were-30,796,400 yuan, making it insolvent.
The auto industry has noticed that the recipient Zhuhai Yucheng previously held a 5.56% stake in Du Yun Auto/KLOC-0. After this transaction, the shareholding ratio will increase to 26.56%, but it will remain the third largest shareholder of Du Yun Automobile.
According to Tianyancha, Zhuhai Yucheng was founded in August 2020. The major shareholder is Shenzhen Qianhai Haotian Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Qianhai Haotian"), and Lin Mi holds 0.9% of the shares. He is the managing partner of Zhuhai Yucheng and the CEO of Du Yun Automobile.
According to the data, Du Yun New Energy Automobile Co., Ltd., which was established on 20 15 12.4, is a mixed-ownership new energy automobile manufacturer with a capital contribution of 900 million yuan from Fujian Automobile Industry Group Co., Ltd., Putian State-owned Assets Investment Co., Ltd., management team (individual shareholders), Fujian Haiyuan Automation Machinery Co., Ltd. and Sifang. Sky Eye Survey shows that Du Yun Automobile is mainly engaged in the design, research and development, production, processing, sales and after-sales service, consulting service, new energy vehicle rental and other businesses of new energy vehicles and auto parts.
20 17, 1, Du Yun automobile obtained the new energy vehicle production license issued by the national development and reform commission, becoming the tenth enterprise in China to obtain the production qualification of new pure electric vehicles, and the second enterprise to obtain the new energy passenger car production approval from the Ministry of Industry and Information Technology.
Du Yun Automobile, which obtained the production qualification in just over one year, officially released the brand of Du Yun New Energy Automobile in February 20 17, and made its debut at the Shanghai International Auto Show in April of that year. The first model Du Yun π 1 was launched in February 20 17, and Du Yun π3 was launched in February 20665438 10.
Judging from the development course of Du Yun automobile, it is in the forefront of the new force of building cars. However, the development of Du Yun automobile in the domestic new energy automobile market is not optimistic. Du Yun's automobile product system is relatively single, and the marketing promotion is not strong enough, which leads to the continuous low sales volume. The previously planned Du Yun X-π concept car and Du Yun π7 have never been born.
In addition to the sluggish market performance, the performance of Du Yun Auto is not optimistic. The data shows that the net loss of Du Yun Automobile from 20 17 to 2020 is 95 million yuan,138 million yuan,177 million yuan and 204 million yuan respectively. According to the financial report, the annual revenue of Du Yun Automobile in 2002/kloc-0 was 67.7632 million yuan, and the net loss was 2 1.3 million yuan. In the first quarter of this year, the revenue was 6,602,500 yuan and the net loss was 56 million yuan.
It is worth mentioning that in 2020, Du Yun Automobile held a massive strategy conference. Du Yun Automobile said that it plans to become one of the top three brands of pure electric vehicles in China in 2025. Although Du Yun Automobile has the background of state-owned assets, it seems that it is difficult to go bankrupt and delist from the market, and it also hopes to achieve brand promotion through the new strategic layout, but Du Yun Automobile has no presence in the market, and its development goal in 2025 is still empty talk.
More directly, if Du Yun Auto can't launch a product with sufficient advantages, it's actually no different from delisting, and there is not much time left for Du Yun Auto.
In fact, there are many new energy automobile companies with bumpy fate. More than a dozen companies, such as Changjiang Automobile, Future Automobile, Singularity Automobile and Lv Chi Automobile, were exposed to the news that they were in arrears with employees' wages or payment, and some even announced their delisting. It's not easy for Du Yun cars to maintain production.
According to the statistics of the automobile industry, in March 2022, the top three automobile companies were BYD, Tesla China and SAIC-GM-Wuling, with a total of 12 automobile companies selling more than 1 10,000 new energy vehicles. Only Tesla is a foreign brand and the rest are independent brands. In other words, independent brands still have great opportunities in the new energy vehicle market, but these car companies are relatively perfect in brand awareness and product camp.
At the same time, more and more car companies began to announce the timetable for stopping production of fuel vehicles. Traditional car companies such as FAW, SAIC and Geely clearly regard 2025 as the key moment of electrification transformation, and the competition in the new energy vehicle market will be very fierce.
In addition, including Baidu, Xiaomi, Ali and so on. , will gradually enter the car market, which will also intensify industry competition. Therefore, taking Du Yun Automobile as an example, under the general brand awareness, it is actually difficult for these automobile companies to survive in the market. Maybe it's only a matter of time before you are eliminated.
Du Yun stopped production in February, and the capital chain has been broken. Three days ago, Haiyuan Composite Materials announced that the company reviewed and approved the Proposal on the Proposed Transfer of Company Equity, and transferred 65,438+065,438+0% of the equity held by Du Yun New Energy Automobile Co., Ltd. (hereinafter referred to as "Du Yun Automobile") to Zhuhai Yucheng Investment Center Co., Ltd. (hereinafter referred to as "Zhuhai Investment") at the transfer price. After this transaction is completed, the company will no longer.
According to public information, Du Yun Automobile was founded on February 4, 2005, and its main business includes the design, research and development, production, processing, sales, after-sales service and consulting services of new energy vehicles and auto parts. New energy car rental; Technology development, technical service, technical consultation and technology transfer of new energy vehicles and information software; Trial production and testing services for automobiles and parts; Provide travel solution services; Second-hand car trading and intermediary services.
Among them, Fujian Automobile Industry Group Co., Ltd. contributed 356,543.8+million yuan (holding 39% of the shares, of which 30% was held by the partnership enterprise (limited partnership) representing the equity investment fund of leading industries in Fujian), Putian State-owned Assets Investment Co., Ltd. contributed 3 10/00000 yuan (holding 34.44% of the shares) and Liu Xinwen contributed140000 yuan (.
Fujian Haiyuan Automation Machinery Co., Ltd. invested 99 million yuan (holding 1 1%), and its legal representative is Chen Wenhao. Its registered address is on the west side of Li Han Avenue, Xishi Village, Jiangkou Town, Hanjiang District, Putian City, Fujian Province.
On June 30, 2020, Fu Qi Group signed an equity transfer agreement with Putian High-tech Industrial Park Development Co., Ltd. (hereinafter referred to as "City High-tech Company"); In mid-July, 2020, the State-owned Assets Supervision and Administration Commission of Fujian Province agreed that Fu Qi Group would transfer its 9% shares to the municipal high-tech company for free.
On August 20th, 2020, the name was changed to "Du Yun New Energy Automobile Co., Ltd.". 202 1, 1, on March 8, 2026, the municipal high-tech company transferred 9% of its shares to the shareholder, the municipal state investment company. According to the information of the Industrial and Commercial Office, SDIC holds 43.444% of the company's shares.
The target of this transaction is the 1 1% equity of Du Yun Company held by Haiyuan Composite Materials. The transferee Zhuhai Yucheng Investment Center (Limited Partnership) has total assets1400 million yuan, total liabilities1400 million yuan, total accounts receivable: 00,000 yuan, net assets: 00,000 yuan, operating income: 00,000 yuan, net profit and net cash flow from operating activities: 00,000 yuan.
According to the announcement, the annual revenue of Du Yun Auto 202/kloc-0 is 67.7632 million yuan, and the loss is as high as 2 1.3 million yuan. In the first three months of this year, the revenue was only 6,602,500 yuan, and then the loss was 557 1.36 million yuan. According to the appraisal of Xinlante Real Estate Appraisal Co., Ltd. hired by Haiyuan Composite Materials, the book value of Du Yun Automobile is 35,253,000 yuan, and the appraisal value is 65,438+093,863, 200 yuan according to the basic asset method, cost method and the appraisal method on the benchmark date.
It is understood that the annual net profit of Du Yun New Energy Automobile Co., Ltd. and its subsidiaries is negative, and the losses are getting more and more serious. At present, due to the broken capital chain, Du Yun Company began to stop production in February 2022. According to the assessment, the state subsidies and land subsidies for the new energy automobile industry are decreasing year by year, and subsidy income has a great influence on the operation of Du Yun Company, which is hard to predict.
In addition, due to the shortage of chips and batteries in the market, the production and operation of Du Yun Company have also been greatly affected. To sum up, when Du Yun Company will resume production in the future, the number of possible orders and revenue confirmation are very uncertain, so it is impossible to make a reasonable prediction on the company's operation.