But recently it has been linked to "negative news". With the release of Evergrande Health's 2019 annual financial report, the financial report shows that the new energy automobile business in 2019 annual loss of 3.2 billion yuan, this "huge loss" behind, can not help but let people worry about Evergrande's dream of building cars. Next, the bucket car brother in chronological order to tell you about Evergrande's car-making story.
The beginning of the story goes back to June 2018, two men with a dream of building a car met, that year, Jia Yueting suffered from a broken capital chain, the whole world no longer believe in Jia Yueting, in such a situation, Xu Jiayin defied gossip, insisted on buying Jia Yueting's FF, at this time the FF talent patents are ready, according to the agreement, Evergrande's money will be divided into three times payment: 2018 Pay $800 million by the end of the year (paid in May); $600 million in 2019; and $600 million in 2020.
Hui Ka Yan has been ready to take over FF from the beginning, but Jia Yueting has no intention to give up the control of FF, the last day of 2018, Xu Ka Yan and Jia Yueting suddenly parted ways, has invested $800 million in Evergrande will not continue to invest, the first $800 million invested into 32% of the FF preferred equity, and 100% of FF Hong Kong. Jia Yueting can repurchase the 32% FF stake held by Evergrande within five years.
After Jia Yueting, Xu Jiayin didn't choose to give up making cars, and still took the "buy-buy-buy" way to make new energy cars.In January 2019, Evergrande entered into the global electric car enterprise NEVS, and entered into the ownership of Carnival and the Dutch e-Traction company.NEVS came to tianjin and opened its doors at the Hi-tech Road 2 in Binhai Hi-tech Zone. Binhai Hi-Tech Zone, Gaoxin Road No. 2, built a factory, "Evergrande big country can automobile" this is set up.
On March 16 of the same year, Evergrande Power New Energy Vehicle Group's Global Strategic Partners Summit was held in Tianjin, with experts and partners from domestic and foreign industries present. Xu Kayan vowed at the summit to make a strong statement - the first electric car will be put into full production in June, and is expected to be put on sale for the world recently.
The only new car from Evergrande, the Guoneng 93, a mass-market pure electric vehicle based on Saab's Phoenix technology platform, hasn't turned out so well. Before August 2019, this car only sold 8 units, and the delivery date has been postponed many times, first set in April, then changed to August, and finally set in September, which is not smooth in the meantime. Originally we all thought that Evergrande's built new energy car will amaze the world, but the country can 93 a little bit contrary to expectations.
But from the trajectory of the development of Evergrande's car, this year is the moment of Evergrande's power. Although on March 22, Evergrande Health issued a profit warning announcement, disclosing that in 2019 Evergrande's new energy automobile business net loss of 3.2 billion yuan, coupled with a loss of 1.7 billion yuan in 2018, the two years of combined losses of nearly 5 billion yuan. This means that after two years of building cars, Evergrande's new energy vehicles have not yet looked forward to revenue.
And the good news is that, at the live online performance disclosure meeting on March 30, Peng Jianjun, vice chairman of Evergrande Health Group and president of NEVS in Sweden, said that at present, Evergrande's new energy vehicle project is progressing smoothly, and "Hengchi 1" will be unveiled this year. Guangdong Nansha, Shanghai Songjiang production base will be completed in the second half of this year, put into production in 2021, the first phase of the planning capacity are 200,000 units, will provide a strong guarantee for the full range of Hengchi products in 2021 one after another full mass production.
It is worth noting that at the same time that Evergrande Health and China Evergrande announced the negative news of performance, Evergrande Group is carrying out an unprecedented mobilization of employees within the group, 30% of the employees in different departments suddenly received a transfer order to the newly established company "Evergrande Bao", but for the new company's specific business and related arrangements for the company. The company's specific business and related arrangements for the company did not talk much. Sources indicate that the adjustment may involve about 180 employees of Evergrande New Energy Vehicles.
While many industry insiders predict that Evergrande New Energy may continue to lose money in 2020, but horizontally, Evergrande New Energy's annual loss is not the highest in the industry. Data show that the same as the new car-making enterprises Azalea Automobile, the past four years accumulated losses of 22 billion yuan, an average of more than 5 billion yuan per year. Moreover, Evergrande New Energy has the backing of the financially strong Evergrande Group, "not bad money" is its biggest label.
Written in the last words:
From "house" to "car", Evergrande seems to be out of the ordinary behind the cards, is the real estate giant's active transformation? Although burned 5 billion but did not make a good car, but the bucket car brother think "country can 93" is only the beginning of the Evergrande car story, and the first real sense of the Evergrande car will soon come out, maybe then can bring us surprise.
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This article comes from the authors of the automotive home car, does not represent the views of the automotive home position.