According to a source reportedly close to the inside story of this acquisition, Volkswagen has been approved by the board of directors to acquire the equity of Guo Xuan Hi-Tech (002074), and will become the largest shareholder of Guo Xuan Hi-Tech through private placement and equity transfer.
Previously, due to the COVID-19 epidemic, the acquisition plan was once postponed, and at the same time, due to the relaxation of the new refinancing regulations of the regulatory authorities, it had a positive impact on the acquisition plan. Volkswagen will become the largest shareholder of Guo Xuan Hi-Tech through private placement of no more than 30% shares and transfer some shares by agreement, and further become its controlling shareholder in the next three years.
The current market value of Guo Xuan Hi-Tech is $2.8 billion, and its 20% stake is worth about $560 million. If the acquisition of shares is increased to 30% according to the latest progress, the value will increase to 740 million US dollars.
In response to this rumor, Audi AG (China) said that there is no official information at present. Guo Xuan Hi-Tech has not responded to this. On April 2 1, the management department of the small and medium-sized board company of Shenzhen Stock Exchange issued the Letter of Concern about Guo Xuan Hi-Tech Co., Ltd., requiring Guo Xuan Hi-Tech to check and explain whether the above media reports are true or not before the 23rd, and if not, ask for clarification.
In June 5438+10, it was reported in Reuters that Volkswagen planned to acquire 20% shares of Guo Xuan Hi-Tech through discounted private equity placement. Guo Xuan Hi-Tech responded to the "Clarification Announcement on Media Reports" at that time, saying that it was discussing with Volkswagen about possible future strategic cooperation in technology, products and capital.
654381October 20th, Guo Xuan Hi-Tech disclosed a clarification announcement about media reports, saying that the company was discussing with Volkswagen about possible future strategic cooperation in technology, products and capital. Please disclose the latest progress of strategic cooperation, including but not limited to specific cooperation methods, contents and prices. , and explain whether any substantive binding agreements, commitments or other arrangements have been signed or reached on relevant cooperation matters. ?
On April 20th, Guo Xuan Hi-Tech confirmed on the interactive platform that the news that the online Audi Q7 electric version was equipped with Guo Xuan battery was misinformation.
Founded in 2006, Guo Xuan Gaoxin is one of the earliest enterprises engaged in the research, development, production and sales of lithium iron phosphate power batteries in China. In 2007, Guo Xuan LiFePO4 material production line was put into production. 20 10 cooperated with An Kai bus, and the world's first pure electric bus equipped with Guo Xuan battery was put into operation. 20 1 1, JAC pure electric vehicle starts. 20 15 was listed, and the acceptance of 863 project was completed in the same year. 20 17 began to cooperate with Shanghai Electric in the field of energy storage, and signed a purchase agreement with Bosch on 20 19 to explore overseas markets.
According to the latest data released by China Automotive Power Battery Industry Innovation Alliance, in the first quarter of this year, 49 power battery enterprises in the new energy vehicle market realized loading facilities, and Guo Xuan Hi-Tech ranked fifth in loading capacity, reaching 0.25GWh. With the continuous launch of new energy vehicles such as Jianghuai, Chery, Geely Commercial Vehicle, Beiqi New Energy and Chang 'an, the supporting proportion of Guo Xuan Hi-Tech passenger cars has been continuously improved.
The production bases of Guo Xuan Hi-Tech are mainly located in East China and North China, and distributed in Hefei, Nanjing, Qingdao, Tangshan and Lujiang. 16GWh production capacity has been completed, and the planned production capacity is 35Gwh.
Among them, the first and second phase lithium ferrous phosphate square battery projects in Tangshan base have been completed, with a production capacity of 3GWh. The planned production capacity of the third phase project is 7GWh, which started in the first quarter of this year, mainly supplying buses and 5G base stations.
The first and second phases of Qingdao lithium iron phosphate square battery project have been completed, with a production capacity of 3GWh for passenger cars.
Nanjing Phase I and Phase II lithium iron phosphate square battery projects have completed the construction of 2GWh capacity, supplying special vehicles and 5G base stations. The third phase of the project is under construction, with a planned production capacity of 6GWh.
The production capacity of lithium iron phosphate battery in Hefei production base is 2Wh, and the 4Wh project of ternary square battery has been completed. 1GWh ternary soft package project will be put into production this year, mainly used for passenger cars.
Lujiang Phase I 1GWh lithium iron phosphate cylindrical battery project has been completed, and 6GWh project is under construction.
In addition, Guo Xuan Hi-Tech also acquired BASF American Laboratory and developed solid-state battery technology in Japanese research institute. The seven R&D centers in Shanghai, Hefu, Tsukuba, Silicon Valley, Cleveland and Bochum are responsible for the research and development of different core links in the industrial chain.
At the just-concluded 2020 annual media conference, Herbert, Chairman of Audi ag Management Board? Diess) stressed that 2020 will be a watershed year for the EU to implement stricter carbon dioxide emission targets. "With a strong product lineup, we have always welcomed it? 2020? Year and? 202 1? In 2008, we will be ready to launch 15 electric vehicle and 18 new plug-in hybrid vehicle. "
At present, Audi has reached strategic cooperation with South Korea's SKI, Samsung SDI, LG Chem and Contemporary Amperex Technology Co., Ltd., and will purchase batteries totaling more than 50 billion euros to accelerate the development of electric vehicle business.
June 5438 +20201October, pure electric vehicles based on Volkswagen MEB platform will be officially put into production in two new factories, Foshan and Anting, with a comprehensive annual production capacity of 600,000 vehicles. In addition, JAC Volkswagen and SEAT are developing small electric vehicle production platforms. By 2025, the annual sales volume of electric vehicles of Volkswagen Group in China will reach 6.5438+0.5 million, and the demand for power batteries will reach 75GWh.
Some analysts believe that Guo Xuan Hi-Tech, as the head enterprise of domestic power battery suppliers, is adjacent to Jianghuai Volkswagen, and the public can use local materials and local governments will give support. On the other hand, subsidies have fallen sharply, vehicle companies have paid more attention to cost control, and lithium ferrous phosphate has resurfaced. High safety, low cost and long life are the three core advantages of lithium iron phosphate battery. With the breakthrough of technical bottleneck, the energy density of lithium iron phosphate battery is also increasing. In February this year, Guo Xuan Hi-Tech announced that the energy density of lithium iron phosphate battery in mass production has reached 200wh/kg.
Guo Xuan Hi-Tech has also made a breakthrough in high nickel ternary battery, and the demonstration production line of 1G soft package is expected to be put into production in 2020. With regard to the major scientific and technological special progress with high energy density of 300Wh/kg undertaken by Guo Xuan, the energy density of carbon negative electrode NCM81KLOC-0/flexible battery reached 302Wh/kg, and the cycle times exceeded 1500 cycles. After the mid-term inspection by the Ministry of Science and Technology, the mass production of flexible batteries is just around the corner.
As of press time, Guo Xuan Hi-Tech has not responded to the concerns of Shenzhen Stock Exchange. EV Vision will continue to pay attention to the reports of the takeover scandals of Volkswagen and Guo Xuan.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.