In addition, the organizational structure of Evergrande has also been adjusted. In May this year, the former independent research institute was merged into the New Energy Automobile Group, and Liu Yongzhuo, president of Evergrande New Energy Automobile Group, took over as the president of the Vehicle Research Institute of Evergrande New Energy Automobile Global Research Institute.
Jiang Dalong stepped down as chairman, and Liu Yongzhuo took over as president of Evergrande New Energy Automobile Research Institute, which released the signal that Evergrande took over Evergrande Automobile Group in an all-round way. In two years, NEVS achieved a natural transition to Evergrande's health, and Jiang Dalong gradually withdrew from the stage.
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It took NEVS two years to make a natural landing.
According to the data, NEVS introduced Evergrande Health as a shareholder in 20 19 and sold 5 1% equity at a price of 930 million US dollars. After that, Evergrande increased its capital healthily. For Evergrande Health, after the acquisition of Guoneng Automobile with automobile production qualification, it successively joined Shanghai Kanai New Energy and Tate, the main power battery enterprises, to invest in Protean and acquire Guanghui, completing the basic layout of new energy vehicles such as automobile production qualification, factory, Sanpower technology and sales channels ahead of schedule.
Unlike Protean, a wholly-owned hub motor company, NEVS is a subsidiary in Sweden, which is engaged in the fields of electric smart car manufacturing, motor control, intelligent charging, shared travel and so on, and carries out research and development work for Evergrande's own brand "Hengchi" electric car. An insider close to Evergrande said: "Unlike in-wheel motors, which need long-term cooperation and investment, NEVS is a one-time handover of technology, products and qualifications."
Just this June 10, Mini? Minor and nationality? Hyundai Group signed an equity sale agreement. According to the equity sale agreement, Mini? Minor has agreed to buy National? Hyundai holds a 7.6% stake in New Energy Vehicle/KLOC-0, with a total cost of $379.5 million. After combing the car prophet, it was found that the national? Hyundai's main business is investment holding, and the ultimate beneficial owner is Jiang Dalong. This means that after the share transfer is completed, Jiang Dalong will no longer hold any shares in NEVS.
Although the total market value of Evergrande Health exceeded 200 billion after the signing of the equity transaction agreement, in the industry's view, the personnel system of Evergrande Health and even Evergrande's new energy vehicles is still turbulent. In the past two months, it was reported that Huang Xiangdong, president of the Vehicle Research Institute under Evergrande New Energy Vehicle Global Research Institute, and Lv Chao, executive vice president of Evergrande Power Technology Group, left their jobs.
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Evergrande took over the electric vehicle sector in an all-round way.
Evergrande can confirm internally that after Jiang Dalong stepped down as chairman, although he did not disclose who will take over as the next chairman, Liu Yongzhuo, president of Evergrande New Energy Automobile Group, took over as the president of the Vehicle Research Institute under Evergrande New Energy Automobile Global Research Institute.
President of Evergrande New Energy Automobile Group and Chairman of Evergrande New Energy Technology Group? Liu yongzhuo
According to Evergrande Health official website, Liu Yongzhuo joined China Evergrande in 2003. He used to be the vice president of China Evergrande, and now he is the president of Evergrande New Energy Automobile Group and the chairman of Evergrande New Energy Technology Group. Judging from his work experience, Liu Yongzhuo has more than 65,438+07 years of experience in real estate project investment and operation, sports operation, financial innovation and multi-industry company management. Although he has never been involved in building cars, it is certain that Liu Yongzhuo is the representative of Evergrande, which means that Evergrande has fully accepted the electric vehicle sector.
The industry does not seem surprised that Jiang Dalong stepped down as chairman. According to the news, Jiang Dalong left his job because of retirement, but a person familiar with the matter revealed: "Because I have no decision-making power, I left my job to do my own thing."
Xu Jiayin has repeatedly proposed that it will take 3-5 years to make products with modular thinking and form the sales target of 6,543,800 new energy vehicles. Generally, the research and development cycle of a new energy vehicle is about 3-5 years, which shows that Xu Jiayin respects the law of automobile manufacturing and has not put forward the slogan of building a car in one year. At the same time, it also revealed that he was dissatisfied with the car products and technology he bought, and he had to tear it down and do it again.
According to Xu Jiayin's previous plan, "Hengchi", the first model of Evergrande's automobile brand, is scheduled to be unveiled in the first half of 2020 and delivered in mass production in 20021year. However, according to insiders of Evergrande, the optimistic estimate of Evergrande's automobile products will be 202 1. At present, the layout of Evergrande Automobile is still carried out according to three major businesses: vehicle manufacturing business, power battery business and power technology business.
As for the mass production of Evergrande, in the industry's view, Evergrande has laid a good mass production foundation, and some institutions even said that they would re-evaluate its holding company Evergrande Health, regard Evergrande Health as a carrier of new energy vehicles, and make a valuation according to the standards of new energy vehicles, thus breaking through the market value of 200 billion.
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Evergrande "builds its own car"? The investment exceeds 25.5 billion yuan.
With Evergrande Health acquiring the remaining equity of NEVS for US$ 379.5 million, Evergrande's investment in NEVS has reached at least US$ 4.4 billion. In fact, from 20 19 to 1, Evergrande has 35 wholly-owned subsidiaries of new energy vehicles, with a total investment of more than 25.5 billion yuan.
The financial report of Evergrande Health in 20 19 shows that the revenue in 20 19 was 5.636 billion yuan, compared with 365.438+33 million yuan in the same period last year. The operating loss was 265,438+0.65,438+0.6 billion yuan, and the profit in the same period last year was 397 million yuan. Among them, the operating income of new energy vehicles in 20 19 is 660 million yuan, the gross profit is -0.2 billion yuan and the net profit is-3.3/kloc-0.0 billion yuan. In the industry's view, it is not smooth for Evergrande to build a car.
In addition, Evergrande Health lost 4.947 billion yuan in 20 19, while it lost 4.947 billion yuan in 20 18. According to the official, the biggest reason for the increase is that it includes 2.224 billion yuan of financial expenses, which is a substantial increase compared with 4.765438 billion yuan in 20 18. After combing, Che Xianren found that as of February 3, 20 19, the asset-liability ratio of Evergrande Health was as high as 67.26%, and the debt was as high as 62.8 billion yuan, which came from loans, financial leases, lease liabilities and shareholder loans.
It is worth noting that Che Xianren found that the largest shareholder of Evergrande Health is China Evergrande, namely China Evergrande, holding 74.99% of the shares. It can be found that Evergrande has not introduced foreign capital to build cars so far.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.