Guangzhou Hangzhou Zhidong Automobile Technology Co., Ltd. was established in June 2065438+2005, and its legal representative is Henry, co-founder and president of Spang Automobile. The company's business scope includes vehicle engineering technology research and development, auto parts design services, etc. It is the operating entity of Xpeng Motors.
On May 7th this year, the registered capital of Orange Bank Zhidong was reduced from 25.295 million yuan to14.609 million yuan. In this regard, relevant persons of Xpeng Automobile told Observer auto channel that the capital reduction is still a part of the Group's overseas restructuring.
Twenty-seven shareholders of Xpeng Motors withdrew, leaving only one company.
With the withdrawal of a large number of shareholders of Xpeng Motors and the reduction of registered capital, it is speculated that its actual purpose is to build a variable interest entity (VIE) structure and pave the way for overseas listing.
It is worth mentioning that as early as 65438+February last year, 47 shareholders of Orange Bank Zhidong pledged all their shares to Guangdong Xpeng Automobile Technology Co., Ltd. At that time, Li Xiang, the founder of another new car-making force, explained that it was "normal" to establish a red chip or VIE structure.
After Tucki's shareholders pledged their shares in February 20 19, Li Xiang thought it was an act of building a VIE structure.
The so-called VIE structure refers to the establishment of shell companies overseas, the signing of agreements to completely control domestic companies, which are mainly used for the overseas listing and financing of China enterprises, and the avoidance of restrictions on the access of foreign-funded industries by foreign investors.
Since 20 19, rumors about Xpeng's IPO listing in the United States have often appeared in newspapers. However, Xpeng Motors has never admitted or denied this, and only responded that "there is no specific timetable for listing at present".
According to public information, the latest financing of Xpeng Motors appeared in June last year 165438+ 10. At that time, the company received $400 million in Series C financing, mainly led by Xiaomi Group. He, the founder of Xpeng Motors, also said that the C+ round financing of Xpeng Motors is also in progress.
Ownership structure of Xpeng automobile company
Coincidentally, Li Xiang Li's affiliated company, Beijing Chehejia Information Technology Co., Ltd., also experienced industrial and commercial changes on May 13, with as many as 18 shareholders withdrawing their shares, and the registered capital decreased from 725 million yuan to 434 million yuan, a decrease of more than 40%. Li responded that the overall organizational structure of the company has been continuously optimized, but did not mention IPO and listing.
In addition to the new force of building cars, Lan Tu Information Technology Co., Ltd., an affiliated company of Hutu Automobile Maintenance, has also undergone industrial and commercial changes recently. Twenty shareholders such as Tencent withdrew, leaving only three shareholders, and the registered capital was reduced from about 9 1, 4 1, 000 yuan to about 1, 796 yuan. However, Hu Tu Automobile Maintenance only called it "the follow-up action of the last round of business and structural adjustment".
Wind data shows that as of May 20th of this month, 2 19 listed companies in A-share * * have issued plans to reduce their holdings of important shareholders, and only 14 listed companies have issued plans to increase their holdings of important shareholders.
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