According to the 2022 Hurun global rich list, as of January 14, a total of 16 people (including two couples) involved in China’s automobile industry had been listed in the top 500 on the list. Among them, Zeng Yuqun, CEO of Contemporary Amperex Technology Co.Limited(300750) q, ranked 24th among the world’s richest people with a wealth of 335 billion yuan, and became the richest man in China’s auto industry, up 19 places from last year. Meanwhile, Contemporary Amperex Technology Co.Limited(300750) Huang Shilin ranks at the top with 150 billion yuan.
Yicai comments: in recent years, the development of Contemporary Amperex Technology Co.Limited(300750) has accelerated and has won the global champion of power battery for several consecutive years The market value of Contemporary Amperex Technology Co.Limited(300750) has also soared rapidly. At present, the market value has exceeded trillion yuan, which are important factors for Zeng Yuqun’s rising wealth. In terms of the Chinese market, although the market share of the second and third tier power battery enterprises has increased, Contemporary Amperex Technology Co.Limited(300750) still has a leading advantage.
Beijing Hyundai obtained a capital increase of 6 billion yuan from both shareholders, and the share ratio remained unchanged
On March 19, Beijing Hyundai announced that BAIC investment and Hyundai Motor, a subsidiary of BAIC group, had signed an agreement to jointly increase the capital of Beijing Hyundai by 942 million US dollars (about 6 billion yuan) according to their respective shareholding ratio. This capital increase is divided into two stages. Before June 30, 2022, both shareholders will pay 50% of the capital increase amount, and pay the remaining capital increase amount before December 31, 2022. After the capital increase, the shareholding ratio of BAIC and Hyundai Motor in Beijing Hyundai remains unchanged, still 50% each.
The main purpose of this capital increase is to strengthen the operation safety of Beijing Hyundai’s funds and effectively respond to the subsequent needs for further investment in the electrification of China’s automobile industry. It is expected that Beijing Hyundai can improve the level of working capital, prevent liquidity risks, and cooperate with shareholders to further increase the investment of strategic resources, so as to improve the business situation, enhance the market position, and provide a basis for the introduction of new products Increase the layout of new energy vehicles and expand exports to provide financial support.
Yicai comments: previously, it was reported that Beijing Hyundai may be brewing a change in the share ratio of the joint venture. Hyundai Motor Group is working to increase its shareholding in Beijing Hyundai, a Chinese joint venture, or follow Kia’s role in the new joint venture to seek more dominance. The capital increase made it clear that the share ratio will not change. However, for Beijing Hyundai, how to quickly improve sales is still a big challenge. At present, Beijing Hyundai has adjusted its product structure and gradually abandoned some low-priced models in order to enhance its brand power.
tank brand launches the second model
tank 500, the second model of tank brand under Great Wall Motor Company Limited(601633) company, was recently launched. It has launched 6 models, including business version, sports version, customized version and Black Knight version. The selling price range is 335000395000 yuan. The car is equipped with the 3.0T V6 + 9at powertrain independently developed by great wall. It is positioned as a medium and large SUV to meet the travel needs of users in business, home, travel, off-road and other scenes.
Yicai comments: tank brand is positioned as hardline off-road. By the end of 2020, the first model of tank 300 was on the market, which is currently popular. The industry believes that the hardline off-road models on the market are mainly imported cars such as Japanese, German and American, which are concentrated in the market range with a price of more than 300000 yuan. The starting price of tank 300 is about 170000 yuan, which has a prominent cost-effective advantage in the hardline SUV at the same price. Therefore, the car is more popular. The price of the tank has exceeded 3 million yuan for a period of time, and it still needs to verify whether the tank will succeed.
