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Double digit monthly sales! Guangzhou Automobile Group provided150,000 loan to Guangzhou Automobile Weilai.
Recently, we learned from relevant channels that Guangzhou Automobile Group issued the Announcement of Resolutions of the 57th Meeting of the Fifth Board of Directors of Guangzhou Automobile Group, in which it was mentioned that Guangzhou Automobile Group agreed to provide entrusted loans of 654.38+0.5 million yuan to the joint venture company Guangzhou Automobile Weilai New Energy Automobile Technology Co., Ltd.

Specifically, the 57th meeting of the 5th Board of Directors of Guangzhou Automobile Group Co., Ltd. (hereinafter referred to as the Company or the Company) was held by means of communication on Friday, February 65438, 2020.

After voting by the directors attending the meeting, the meeting reviewed and passed the following proposals:

The Proposal on Entrusted Loan of GAC Weilai was reviewed and approved. It is agreed to provide an entrusted loan of 654.38+0.5 million yuan to the joint venture company Guangzhou Automobile Weilai New Energy Automobile Technology Co., Ltd., with a term of 1 year, and the interest rate will be implemented according to LPR in the same period. GAC Weilai New Energy Automobile Technology Co., Ltd. provides mortgage guarantee for the above entrusted loan with its assets.

Voting result: 1 1 votes in favor, 0 votes against and 0 abstentions.

Understand GAC Weilai

In fact, the brand positioning of GAC Weilai is not affiliated with any company of GAC and Weilai, but an independent brand, which is a combination of two automobile companies. It is jointly owned by Guangzhou Automobile Group, Guangzhou Automobile New Energy, Weilai Fund, Weilai Automobile and the founding team.

Founded on 20 18, it is a joint venture between state-owned enterprises and new car-making enterprises. Among them, "Guangzhou Automobile Department" and "Weilai Department" respectively hold 45% of the shares, which are the major shareholders of Guangzhou Automobile Weilai Department, and "Guangzhou Automobile Weilai Department" only holds 65,438+00% of the shares.

Guangzhou Automobile Weilai is a combination of the advantages of the two companies, namely, Guangzhou Automobile Group's technical reserves, manufacturing technology and Weilai's innovative service concept, sharing resources and taking what they need.

The first car launched by GAC Weilai was developed based on the GEP pure electric platform of GAC New Energy and produced by GAC New Energy Factory. In short, its foundation and Aion? LX is basically the same, and endurance performance is a highlight. The battery capacity is 93 kWh and the NEDC cruising range is 643 kilometers.

At present, the financing progress of GAC Weilai still stays in the Angel Wheel. However, according to relevant data, GAC Weilai Pre-A financing has entered the final stage.

20 19, create together? When 007 went public, GAC Weilai's expectation for sales volume was "654.38+0.5 million vehicles in 2020". Create together in 2020? 007, the expected delivery volume will be reduced to 5000 to 1000 units.

In terms of the company's actual specific sales target, GAC Weilai lowered its sales target this year to 5,000 vehicles. Even so, just 32 months after its establishment, the data shows that by the end of this year 10, the cumulative sales volume of GAC Weilai 007 was only 628, while only 66 vehicles were sold in 10. Judging from the current situation of this car, it is good that the sales volume can exceed 1000 units this year.

Therefore, there is great doubt whether this loan of 1 50,000 can be repaid after1year. (photo/text/photo: all-electric? Zhou Jianqiang)

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.