Previously, a picture of Hengchi 7 road test was circulated on the Internet, which made everyone wonder: Hengda is really going to mass production?
On September 3, Evergrande came to brush its presence again and announced that the summer test of Hengchi 1, 3, 5, 6, and 7 had successfully concluded. But the figure of the production car has never been seen.
On September 13, Evergrande broke the news again: The recent online remarks about Evergrande’s bankruptcy and reorganization were completely untrue. The company has indeed encountered unprecedented difficulties, but the company resolutely fulfills its corporate responsibility, goes all out to resume work and production, guarantee the delivery of buildings, try all means to resume normal operations, and fully protect the legitimate rights and interests of customers.
It is reported that due to the overdue financial management issue, Guangzhou Evergrande Center was blocked by customers early this morning.
At the same time, affected by the news, Evergrande Motor’s stock is currently down 21.94%, with a total market value of HK$39.271 billion. What is this concept? You know, when Evergrande Motor did not sell a single car, its total market value was close to 700 billion Hong Kong dollars, surpassing SAIC , Great Wall Motors and other companies.
Can Evergrande’s dream of building a car continue? I'm afraid I can't hold it anymore!
I have to say,In order to build a car, Evergrande has made a lot of effort.
Looking back at Evergrande Automobile’s car manufacturing process, it mainly relies on various “buy, buy and buy” to obtain all the technologies and patents related to new energy vehicles. According to the 2020 financial report released by Evergrande, the company is The total investment in the industry has totaled 47.4 billion yuan. But only investment without revenue will encounter difficulties sooner or later. In the first half of this year, Evergrande Automobile achieved operating income of 6.92 billion yuan, a year-on-year increase of 53.43%; gross profit of 247 million yuan, a year-on-year decrease of 80.42%; net profit loss of 4.822 billion yuan, compared with a loss of 2.274 billion yuan in the same period last year, and the loss expanded.
picture comes from the Internet
Coincidentally, not only Evergrande Motor will burn money, but these new car-building forces are also very good at burning money, and they all exit in failure.
Byton
Since its establishment in 2017, Byton Auto has conducted a total of 6 rounds of financing. Investors include FAW Group _span5_span 7 Span 7 and Span7 Span. Among them, the total amount of the first four rounds of financing is as high as 8.4 billion yuan, but the first model M-Byte SUV has not yet been delivered to the market. It is worth mentioning that some of Byton’s money is actually spent in these places: the North American office with more than 300 people spent more than 7 million US dollars in snacks purchases; when Byton’s first brand store in Shanghai opened, the clothing of the clerk They are all custom-made garments imported from France, and the price of a box of business cards for employees is as high as several thousand yuan. These operations are really amazing!
Sai Lin
Sai Lin was established in 2016,A total of more than 6 billion yuan was spent on building the car. In July 2019, Sailin Motors held a grand "Brand Night" event in Beijing Bird's Nest. At this press conference that cost nearly 100 million yuan, Sailin Motors unveiled the new Le Mans version of its flagship model, the Sailin S7, the Sailin S1, the Sailin Mack, and the city electric small sports car Maimai. However, the model that Sailin Motors really achieved mass production and launched to the market is Sailin Maimai, which has only sold 31 vehicles so far.
Bojun
Since its establishment, Bojun Automobile has carried out a total of 6 rounds of high-end financing in 2019, except for the announcement of the 6th round of high investment in Pukou in 2019. Except for the 2.5 billion yuan invested by investment, Yinan Capital, etc., the specific financing amount of the other five times has not been disclosed to the outside world. On April 11, 2019, Bojun unveiled the concept cars iV6 and iV7 for the first time. But it has only been established for more than a year, and instead of waiting for the mass production car, it has waited for the news of the dissolution and liquidation of Bojun Automobile. (CY)
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