Recently, news came out in the market that Xiaomi Automobile wants to acquire a 58.
5% stake in Evergrande Automobile.
Regarding the reasons for the acquisition, Netease blogger @ Chuchu’s Liuxiang said that the main reason is that Xiaomi SU7 sales are booming, while Xiaomi’s Beijing factory Phase 1 and Phase 2 has a total production capacity of 300,000 units.
In order to better promote Xiaomi SU7 production capacity and prepare for mass production of the second SUV model, Xiaomi Automobile plans to use Hengchi’s Tianjin factory to rapidly expand production capacity.
Xiaomi responded to First Electric and said that we have not heard of this.
We are currently actively expanding production capacity and our own No.
2 factory has also begun to break ground.
.
In fact, as early as the year when Xiaomi officially announced the car building, it was once rumored that Xiaomi would acquire 65% of Evergrande Motors ‘shares.
Since then, rumors have continued.
Xiaomi Motors denied the rumors of negotiating to sell Evergrande Motors shares in late 2023.
Recently, Xiaomi Automobile issued a document saying that the expansion of Xiaomi SU7 production capacity and speed-up of delivery are progressing smoothly.
The Xiaomi Automobile Factory will operate double shifts to ensure delivery of more than 10,000 vehicles per month in June.
At the same time, on the premise of significantly increasing production capacity, Xiaomi Automobile promises to deliver more than 100,000 vehicles in 2024 and sprint 120,000 vehicles.
As for Evergrande Automobile, due to the rupture of the capital chain, the Tianjin factory has been suspended or suspended, and it has recently been exposed that there have been changes in equity.
, on May 26, Evergrande Motor announced on the Hong Kong Stock Exchange that 3.
145 billion potential for sale shares (accounting for approximately 29.
0% of all issued shares) will be acquired immediately, and 3.
203 billion potential for sale shares (accounting for approximately 29.
5% of all issued shares) will become the subject of an exercisable option by the potential buyer within a certain period after the date of the sale and purchase agreement.
Subsequently, Evergrande Group also announced that in addition to the above 29% equity, the remaining 29.
5% equity will also become an option that the potential buyer can exercise within a certain period after the date of the sale and purchase agreement.
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