According to the coupon news agency, there is news today that Hengda Automobile may be acquired by another automobile, and the lead party may be the local government. In response, Liu Yongzhuo, president of Hengchi Automobile, said that the company has been actively introducing strategic investors. So far, both local governments and a number of powerful enterprises have expressed investment intentions in Hengchi Automobile, and there is no merger and acquisition. At the same time, Liu Yongzhuo said that the shutdown of the Tianjin factory is a rumor. At present, the production of the Tianjin factory is normal, and the mass production of Hengchi 5 is being advanced in an orderly manner. Our more than 1,800 employees are working hard on the front line of the Tianjin factory to ensure mass production in September and delivery in October.
Previously reported
Hengda Automobile may be acquired? Informed sources say the parties are still deadlocked
According to the Securities Times, a few days ago, there were media reports that Hengda Automobile may be acquired by another car company. According to people familiar with the matter, the lead party may be the local government, and the parties are still deadlocked. In addition, the person familiar with the matter also revealed that last week, the purchase of Hengda financial management, real estate and Hengchi suppliers entered the general assembly workshop of Hengchi Tianjin factory to protect their rights, resulting in production shutdowns. In addition, due to insufficient stocking, the Tianjin factory will also be shut down on August 18. As of press time, Hengda has not responded.
Hua’an Fund cuts the valuation of China Evergrande and Evergrande properties to HK $0.01
Hua’an Fund announced on August 17 that in order to objectively reflect the fair value of the fund, Hua’an Fund adjusted the valuation of suspended stocks in accordance with the relevant regulations of the China Securities Supervision Commission. Since August 15, Hua’an Fund has valued Shimao Group, Sunac China, China Evergrande and Evergrande Properties held by its "Hua’an CES Hong Kong Stock Connect ETF" at HK $1.33/share, HK $1.37/share, HK $0.01/share and HK $0.01/share respectively. Before the suspension, the share prices of Shimao Group, Sunac China, China Evergrande and Evergrande Properties were HK $4.42/share, HK $4.58/share, HK $1.65/share and HK $2.3/share respectively. Compared with the share price before the suspension, the valuation of Huaan Fund has been reduced by 69.9%, 70.09%, 99.39% and 99.57% respectively.
Hengda Automobile may be acquired? It is rumored that the Tianjin factory produces only 200 vehicles in half a year, and Hengchi 5 is produced here. The mass production plan has been delayed many times
A few days ago, there are media reports that Hengda Automobile may be acquired by another car company. People familiar with the matter said that the lead party may be the local government, and the parties are still deadlocked.
According to reports, only Hengda’s Tianjin factory has production qualifications, and only about 200 of the Hengchi 5 are being produced in the past six months. "Now all the suppliers are unwilling to cooperate with Hengda. Now Hengda talks to anyone and pays the full amount first."
In addition, the person familiar with the matter also revealed that last week, personnel related to the purchase of Hengda Wealth Management, real estate and Hengchi suppliers entered the final assembly workshop of Hengchi Tianjin factory to protect their rights, resulting in production shutdowns. In addition, due to insufficient stocking materials, the Tianjin factory will also be shut down on August 18.
In this regard, as of press time, Evergrande has not yet responded.
It is understood that due to the group’s funding problems and Hengda’s continued losses, Evergrande announced in August last year that it was "in contact with several potential independent third-party investors to discuss the sale of some of the company’s assets", including Hengda Automobile. But the discussion did not yield substantive results. Then in October last year, Hengda shouted the slogan: After three months of hard work, the first car of Tianjin factory Hengchi rolled off the assembly line.
On January 12 this year, Hengda official announced that the first car of Hengchi 5 officially rolled off the assembly line, and said that it was 12 days earlier than the original schedule.
It can be seen that Evergrande Group has high hopes for Hengchi 5. In July, Evergrande Group held an internal meeting, asking Evergrande to increase the promotion of new energy vehicles and encourage employees to actively participate in sales. At the same time, for Evergrande properties that deal closely with first-line owners, Evergrande Group also hopes to strengthen internal communication and coordination to further contribute to the promotion of automobile sales.
On July 6, Hengda Automobile announced that its Hengchi 5 was officially on pre-sale. On July 20, Hengchi Automobile held the first "720 Hengchi Festival" and announced the pre-sale of Hengchi 5: As of 19:00 on the same day, the pre-sale order of Hengchi 5 was 37296. Hengchi 5 is finally on pre-sale! Priced at 179,000 yuan, refundable within 15 days after pickup, claiming to be "the best pure electric SUV in 300,000"
On August 6, Chi Auto’s official WeChat account released a tweet entitled "Dealers are super empowered, Hengchi marketing has entered the’fast lane ‘", announcing that the first batch of 30 authorized agent stores in 19 cities will open one after another from August 6. Yuantong, Litai, Jianguo, Sanhuan, Huasheng and other leading dealer groups have joined, and sales channels have begun to settle in Beijing, Foshan, Chengdu, Wuhan and other places.
But in terms of mass production of new cars, the production plan of Hengchi 5 has been delayed many times. In May this year, Hengchi Automobile said that due to the impact of the epidemic, the original production time of Hengchi 5 was adjusted from June 22 to September 20. After the pre-sale finally started, Hengchi Automobile announced that it would start delivery in October.
However, in August, Hengchi Automobile made another bad news. On August 2, Hengchi Automobile’s affiliated company Hengda New Energy Vehicle Investment Holding Group Co., Ltd. added information on the person to be executed, and the execution target was about 9.26 million yuan. At present, the total amount of the company’s execution has exceeded 100 million yuan.
For the first blockbuster production car, Hengchi Automobile also announced that it had cancelled the listing conference of Hengchi 5 and listed it in a "low-key" manner. The final listing price of the new car continued the previously announced pre-sale price, that is, 179,000 yuan.
How is the market reacting to Hengchi 5?
It is understood that August 1st is Hengchi customer small (1000 yuan) to large (10000 yuan) opening time, the first 10,000 booking customers can enjoy the car within 15 days after the car refund, deposit 10,000 yuan to 20,000 yuan and a series of discounts.
Previously, the Securities Times e company reporter real exploration of Guangzhou Hengchi store, sales staff said that the company has not notified the 10,000 places have been booked, so the booking can also enjoy discounts. For more content, please see "real exploration of Guangzhou Hengchi experience center, the first 10,000 the big quota to grab it?"
Hengchi 5 officially started pre-sale on the evening of July 6, priced at 179,000 yuan. On July 20, the official data released showed that the number of pre-sale orders exceeded 37,000. If the number of orders transferred to Dading is less than 10,000 units, it means that some customers in the early stage may still be hesitating or have been lost.
"On the day of the pre-sale, more than 10,000 suppliers came to buy cars, and Evergrande’s sales staff also accounted for part of the order," a person close to Evergrande told Securities Times.e. However, employees in the store said that the company did not issue a mandate to force car purchases, and there will be some discounts for internal purchases, "but not much."