In order to "live" to the end, the new forces of building cars have been seeking the support of various forces. Some car companies hope to get funds from the capital market, and some car companies hope to get help from local governments ... Information from enterprises shows that recently, the equity of Lv Chi Automobile has changed, and Henan SDIC Enterprise Management Co., Ltd. (hereinafter referred to as "Henan SDIC") officially invested in Lv Chi Automobile, holding 60% of the shares and becoming the largest shareholder of Lv Chi Automobile.
Meanwhile, Lv Chi Automotive Technology (Shanghai) Co., Ltd. was renamed as Lv Chi Automotive Technology Group Co., Ltd. (hereinafter referred to as "Lv Chi Auto").
Hand in hand with state-owned assets
Compared with Weilai, Tucki, Weimar and other car companies, Lv Chi's popularity and recognition in the industry are not high. According to public information, Lv Chi Automobile was founded in 2065438+August 2006, with a registered capital of 135 billion yuan (RMB), and its founder, Wang Xiangyin, once served as the deputy general manager of Beiqi Foton Motor Co., Ltd.
20 18 Lv Chi automobile was exposed to break up with Italian I.DE.A design company. At that time, the CEO of I.DE.A? Morali once publicly told the media: "We suspect that the whole Green Chi car project is a scam." From 2065438 to March 2009, the senior management of Lv Chi Automobile changed. Wang Xiangyin, former CEO of Lv Chi Auto, submitted his resignation to the board of directors. Ren Yahui, former executive vice president of Lv Chi Automobile, took over as CEO of Lv Chi Automobile and became the actual controller of Lv Chi Automobile. Two months later, a netizen who claimed to be an employee of Lv Chi Auto broke the news in the post bar, saying that he was owed wages by the company and was removed from the work group by the company executives.
Paradoxically, Lv Chi Auto has made no progress in financing. Lv Chi Automobile had planned to complete the series B financing of 2-3 billion yuan on 20 18, but the financing was not smooth. An industry insider once said to e-café: "Building a car is a very expensive thing, and it is difficult for Lv Chi to last only with its own funds."
Recently, Lv Chi Auto has made new progress in financing, but the cost of obtaining this fund is very high. According to the survey of enterprises in official website, the registered capital of Lv Chi automobile was changed from 65.438+35 billion yuan to 3.366 billion yuan. Behind the change of registered capital of Lv Chi Automobile, Henan SDIC subscribed 2.02 billion yuan to acquire 60% equity of Lv Chi Automobile, and Shenzhen Jiuzhou Huilian Investment Management Co., Ltd. held 40% equity.
As for Henan SDIC, public information shows that the major shareholder of Henan SDIC is Henan Economic and Technical Cooperation Group Corporation, which holds 65% of the shares of Henan SDIC; The People's Government of Henan Province owns the equity of Henan Economic and Technical Cooperation Group Company, which means that the actual controlling party of Lv Chi Automobile is state-owned capital.
In fact, it is nothing new for state-owned capital to enter the new car-making army, but it is the first time for Henan SDIC to control 60% of the shares of Lv Chi Automobile, and Lv Chi Automobile has also become the first new car-making army actually controlled by state-owned capital.
The outlook is still uncertain.
According to insiders, although Lv Chi Automobile has obtained the help of state-owned capital, it has not got rid of the risk of "going out".
A person familiar with the internal situation of Lv Chi Automobile said in an interview: "Since the beginning of 2020, almost all related businesses of Lv Chi Automobile have been suspended."
At present, Lv Chi Automobile's first car is a compact pure electric SUV model based on its M platform (internal code-named "Lv Chi M500"), which has experienced many ticket jumps and is expected to be listed in the second half of this year. Regarding the commissioning of the first car, Lv Chi Automobile signed a joint manufacturing agreement with Changan Suzuki, and it is expected that Changan Suzuki will contract for it later.
It should be pointed out that the new energy vehicle market, which had maintained rapid growth before, began to decline in July last year. The recession, epidemic situation and financial difficulties of the new energy vehicle market are the three "mountains" that most new car-making forces have to face at present, and they will rewrite the new energy market pattern.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.