Therefore, after entering 2020, news about investing in Weilai comes one after another.
On February 25th, Weilai confirmed that Weilai had signed a cooperation framework agreement with Hefei to host Weilai's headquarters in China, and Weilai received an investment of 654.38+0 billion yuan from Hefei Municipal Government.
Coupled with the confirmed financing of $200 million in the early stage and Geely's investment of $300 million denied by Li Bin on 26th, Weilai has aroused strong public concern, but compared with the pure financial investment mentioned in Article 1, the investment of Geely and Hefu is more likely to be hyped by people with black bellies.
According to the conspiracy theory, Geely's investment in Weilai is based on the acquisition of controlling rights, while Hefei's investment in Weilai is at the expense of Weilai's headquarters moving to Hefei. In other words, Wei Lai gave up Geely for power; Weilai gave up Shanghai for money.
How to treat it? Auto has the wisdom to consult experts in the economic field.
"Geely and Hefei are completely different investments. Geely has always had a precedent of buying, and it is unclear whether there is any purpose, because this is a purely commercial act, and there may be commercial interests involved; But Hefei is different. Its investment is an administrative act and its purpose must be public interest. Hefei is actually responsible for public finance on the condition that Weilai moves. After all, Weilai can bring great engine power to Hefei's economic development. " Experts explain this.
As far as Geely is concerned, Weilai brand is its most valued place. Weilai sold more than 30,000 cars at a price of about 400,000 yuan, which seems to be the most striking force among the new forces of making cars. But in Li Bin's view, Weilai wants to make a different car in China, and he can't easily give control of Weilai to others.
This may be the biggest reason for the failure of negotiations between Geely and Weilai.
On February 25th, Li Bin, founder, chairman and CEO of Weilai, also denied this rumor in Hefu, but he told Youwen Automobile that on the other hand, it also meant that more and more investors saw the value of Weilai Automobile. According to the accounting of $3.07 convertible bonds that Weilai Automobile has just made in the primary market, Geely's shareholding in Weilai Automobile will be less than 65,438+00% after this round of investment, and it is even more unreasonable to say that Geely is expected to become the third largest shareholder of Weilai Automobile after its equity is diluted by existing shareholders.
But the failure of this negotiation does not mean that there is no room for negotiation between the two sides. It is understood that Li Shufu is very optimistic about Li Bin and Weilai, and the possibility of cooperation will not be ruled out in the future, and Li Bin has not denied it.
After all, Geely and Weilai are members of the commercial society, and all negotiations are based on mutual interests. Business negotiation is an important part of market economy. The failure of negotiations does not mean the bankruptcy of the conspiracy, nor does it mean the end of the differences.
At present, Geely's development momentum is good, and the demand for Weilai brand purchase is not very strong. Perhaps Weilai's investment intention is just an attitude reason, and there is no unwarranted speculation such as so-called control right. With the development of Geely and Weilai, it is still possible for both sides to sit down.
Hefei is different. As a local government, the development of local economy is the first, but the controlling stake is not important, and the requirement of relocation is not unacceptable to Li Bin. First, Hefei is located in the core economic zone of the Yangtze River Delta, and its scientific research strength is second to none. Weilai may not have that great influence in Hefei; Second, Weilai has a strategic cooperative relationship with Jianghuai, a Hefei enterprise. Moving to Hefei may strengthen the cooperative relationship with Jianghuai.
It is understood that the China headquarters project of Weilai Automobile includes the establishment of China headquarters of Weilai Automobile in Hefei, the establishment of R&D, sales and production bases, and the establishment of the operation system of China headquarters centered on Hefei. Weilai China is expected to earn 654.38+04.8 billion yuan in revenue in 2020, 654.38+02 billion yuan in revenue in 2024, 420 billion yuan in revenue and 7.8 billion yuan in tax revenue in 2020-2025, and be listed on the Science and Technology Innovation Board before 2025. After Weilai China settled in Hefei, it will build a leading enterprise with an output value of 1000 billion yuan in five years.
Just look at these figures, you can imagine the importance of Weilai to the development of Hefei.
For Wei, the larger the scale, the more funds and resources are needed. After Weilai moved to Hefei, he can also get the support of Hefei government in land, policy, tax and capital, which makes Weilai more resistant to risks. At the same time, after automobile enterprises develop to a certain extent, it is easy to form the role of "phoenix tree attracting phoenix", attracting more upstream and downstream industries for local governments, thus forming the automobile industry cluster effect.
Only at this point, the needs of Weilai and Hefei are the same.
Look at the cooperation between Weilai and Jianghuai again. In the future-oriented new energy field, JAC has achieved important breakthroughs in battery thermal management technology and intrinsic safety management technology after ten years and seven generations of iterative research and development. The battery liquid cooling technology is world-leading and unique in China. The cumulative application and promotion of new energy passenger cars is nearly 654.38+million, and the cumulative mileage exceeds/kloc-0.5 billion kilometers.
2065438+In March 2009, Li Bin publicly stated that he had decided that the third model would also be produced in Jianghuai. JAC and JAC will continue to cooperate. It is believed that after the transformation, the annual production capacity will reach 1.5 million, which can basically meet the production capacity of 2-3 models in the next 2-3 years.
This time, Weilai headquarters moved to Hefei and lived next to Jianghuai Automobile, which will have a far-reaching impact on Jianghuai, Weilai and even the local automobile industry in Hefei.
For example, Jianghuai "mixed reform".
2065438+July 2004, JAC listed Jiang Qi Group as a whole through absorption and merger. Construction investment and Qin investment were 10.83% and 2% respectively, and the shareholding ratio of Jiang Qi Group was reduced from 35.43% to 30.47%, realizing the reform of mixed ownership. However, due to the low proportion of private funds, the vitality of JAC has not been fully activated.
The outside world has been expecting the "second mixed reform" of Jianghuai. Weilai, who started cooperation with Jianghuai on 20 16, is also the most mentioned potential participant in recent years. Qin, president of Weilai, responded: "Weilai and Jianghuai management have never formally discussed the mixed reform, but I believe that due to geographical planning, the investment in the automobile industry is very heavy. Weilai China settled in Hefei, and behind Hefei's investment in Weilai, it will definitely promote further and better cooperation with Jianghuai in the future. "
Since February 10, Jianghuai Weilai manufacturing base has been fully resumed. However, due to the influence of the upstream supply chain, it will take some time for the full recovery of production capacity. Qin said: "It depends on when the epidemic will end, because no car factory in the world can leave Wuhan and live a good life."
It can be said that Weilai, Jianghuai and Hefei are all likely to benefit the most from this cooperation.
Now Hefei's investment in Weilai is a foregone conclusion, Weilai has also obtained its much-needed funds, and both sides have gained the greatest benefits in appropriate consideration, which is an important reason why the conspiracy theory is broken. (Text/car is wise? Wang)
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.