[Pacific Automotive Network Industry Channel] Recently, according to an announcement disclosed by the Beijing Equity Exchange, Shenzhen Boyong Zhidong Future Investment Partnership plans to transfer 6.3753% of Zhiche Youxing Technology (Shanghai) Co., Ltd., but the transfer base price Not disclosed.
Zhiche Youxing was established in October 2014. Its main business is independent research and development of autonomous driving technology and the production of cost-effective smart electric vehicles. Its most important landing brand is Singularity. It is understood that Zhiche Youxing is the main operating body of Singularity Auto, a new force in car manufacturing, and Boyong Zhidong holds 6.38% of the shares in Zhiche Youxing, making it its fifth largest shareholder. It is understood that the Singularity Automotive Intelligent Electric Commercial Vehicle Base has officially started construction in Xinma Industrial Park, Zhuzhou High-tech Zone, Hunan Province in October 2018. The base has a total investment of 5 billion yuan, covers an area of more than 500 acres, and is expected to have an annual production capacity of 50,000 vehicles after completion in 2020. It will be mainly used to produce a new generation of high-speed vehicles based on new energy, autonomous driving, smart cockpit, and Internet of Vehicles technologies. Quality intelligent electric commercial vehicles.
For the new car-building forces, the key to supporting them is financing. Relevant information shows that Singularity Automobile has completed 8 rounds of financing, and the total financing has exceeded 17 billion yuan. The fifth largest fixed divestment, I don’t know what impact it will have on Singularity, but it’s not a particularly good signal for the new forces. In addition, it is worth noting that the current Zhiche Youxing is planning to land on the Science and Technology Innovation Board. (Text: Pacific Automobile Network Qiu Zhenwei)
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