How short is Weilai Automobile?
Weilai Automobile's 20 19 financial report shows that the loss in the first quarter was about 2.624 billion RMB, the loss in the second quarter was about 3.286 billion RMB, and the loss in the third quarter was about 2.47 billion RMB. At the same time, there is only $274.3 million left in the account. As a start-up automobile company, Weilai Automobile is short of money.
As a member of the new domestic car-making force, Weilai must not break the capital chain if it wants to occupy its high ground in the increasingly cruel automobile market competition. Therefore, from 2065438 to May 2009, Weilai Automobile proposed a new entity model of "Weilai China" to seek in-depth cooperation with local governments. In short, it can be seen as "moving the base camp to a place where money can be given to the land policy".
At that time, it was reported that Beijing Yizhuang International Investment and Development Co., Ltd. would contribute 654.38+0 billion yuan to Weilai China in cash to help Weilai China build or introduce a third party, build Weilai China's advanced manufacturing base and produce the company's second-generation platform models. In the past two months, Weilai Automobile Technology Co., Ltd. was incorporated in Yizhuang, Beijing on July 24th, 20 19, which seems to indicate that Weilai China will officially settle in Yizhuang, Beijing. However, this move seems to end here. There has been no follow-up news from Weilai Automobile and Beijing Yizhuang Guotou, and people in the industry have predicted that this trade fair will be "yellow".
By 20 19 and 10, it was reported that Weilai Automobile was negotiating with Wuxing District, Huzhou City, Zhejiang Province for a financing intention of over 5 billion yuan. As a bargaining chip, Weilai Automobile will build a factory with an annual output of 200,000 vehicles in Wuxing District to promote local employment and financial revenue, but this plan was eventually rejected by the Xing Wu District Government. Later, it was reported that "GAC will invest US$ 65.438 billion in Weilai" and "Geely will invest US$ 300 million in Weilai". Even after the news of Geely's shareholding in Weilai was released, there were rumors that "Weilai Automobile will be Geely's OEM in the future" and "the cooperation mode between Weilai and Jianghuai may change".
Judging from these financing rumors of Weilai Automobile, Weilai Automobile is willing to pay a certain price in order to obtain a good financing structure, and since the gross profit of Weilai Automobile increased in the third year of last year, the operation mode and cost control of the whole company have been recognized by many capitalists and have certain bargaining capital. But the most important message is that Weilai Automobile must obtain new capital as soon as possible, otherwise the product planning and company development in 2020 will be greatly affected.
Who saved who?
It is in this context that the signing ceremony of major industrial projects in Hefei in 2020 was held in Jianghuai Weilai Factory, and Weilai China headquarters project was also decided to settle in Hefei. According to the official introduction of Hefei Municipal People's Government, the China headquarters project of Weilai Automobile includes: "Set up Weilai Automobile's China headquarters in Hefei, establish R&D, sales and production bases, and build an operation system of China headquarters centered on Hefei. And "Weilai China" settled in Hefei, and will build a leading enterprise with an output value of 100 billion yuan within five years, accelerate the development of Hefei new energy automobile cluster, and lead Anhui new energy automobile industry into the first phalanx in the country. " Therefore, Weilai Automobile can also obtain more than 654.38+000 billion yuan in financing.
In addition to Weilai moving its headquarters in China to Hefei, this time it also announced Weilai EC? 6 will officially start mass production in Weilai Jianghuai factory. Now all Weilai products (ES8, ES6, EC6) are produced in Jianghuai cooperative factory, and the second-generation platform models planned by Weilai will also be produced in Hefei. It is possible to produce in the new factory of Weilai China project, to continue production in Weilai Jianghuai factory, or even to cooperate with the two factories.
It is worth mentioning that when the news that Hefei government wants to invest in Weilai Automobile came out, many people said that it was Weilai's "life-saving money" and Weilai's biggest bargaining chip to spend 2020. In fact, behind this transaction, is it only the Hefei Municipal Government that is "saving" Weilai?
First look at the market performance after the news comes out. The daily limit of stocks is Jianghuai. In fact, the Hefei government is behind Jianghuai, and the progress in the electrification transformation of Jianghuai in recent years has not been as smooth as predicted. Under the background of the electrification transformation of global automobile enterprises, instead of building cars behind closed doors, it is better to join hands with others to promote the progress of Jianghuai new energy products quickly and effectively.
Weilai Automobile has proved that its own brand can sell 400,000 vehicles and 30,000 vehicles in two years. Although it does not subvert a certain market segment like Tesla, it is still a new energy brand with great investment value compared with other new domestic forces. When there were many investors to choose from, Weilai Automobile finally chose Jianghuai and Hefei. In the long run, if the Weilai China project really reaches a scale of 100 billion, promoting the development of Hefei's new energy cluster, and the cooperative factory with Jianghuai can also play an important role in feeding back Jianghuai's electrification, then whoever saved it is self-evident.
Write it at the end
From the current point of view, Weilai Automobile is still the most likely to succeed among the new domestic car-making forces. Returning to this cooperation, Li Bin once said: "When Weilai Automobile only had a few pages of PPT, Jianghuai chose to believe and take out real money." In fact, looking back at the financing distance of Weilai Automobile, if the conditions given by various capitals are similar, why not choose Jianghuai again?
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.