In recent years, Chinese brands have continued to accelerate on the road of transformation and electrification, among which Changan Automobile took the lead in releasing a new energy strategy - "Shangri-La Plan" in 2017, and formulated "four strategic actions" such as 100 billion actions, 10,000 people research and development, partner plan, and ultimate experience to "escort" the entire plan.
At the end of 2019, as an important carrier of the "Shangri-La Plan", Changan New Energy Technology Co., Ltd. completed the A round of financing and successfully introduced four investors, including Nanjing Runke, Chongqing Changxin, Liangjiang Chengwei and Nanfang Assets, raising a total of about 2.84 billion yuan, increasing its registered capital from 99 million yuan to about 202 million yuan. At the same time, Changan Automobile's equity ratio was diluted from 100% to 48.95%, and Changan New Energy completed the mixed reform goal of equity diversification.
Later, in 2021, Changan Automobile issued an announcement disclosing that its subsidiary Changan New Energy intends to introduce a number of new investors to participate in the shares through public listing capital increase and share expansion, which has also started the process of its B round of financing. On January 24, the signing ceremony of Changan New Energy's B round of financing was held in Chongqing, and representatives of 13 enterprises participating in the capital increase attended or attended the meeting online to witness another major progress made by Changan Automobile in the new energy development track. At this point, Changan New Energy's B round of financing work in 2021 was declared a complete success after a year.
This round of super-raised funds is nearly 2 billion yuan
According to "E Chehui", the B round of financing of Changan New Energy was officially opened in April 2021, and it was originally planned to raise 3 billion yuan. After nearly 200 negotiations and three rounds of screening, nine high-quality investors were identified, and after several rounds of communication, the delisting of investment institutions was successfully completed on December 23, 2021.
According to the announcement released by Changan Automobile, Changan New Energy raised a total of about 4.977 billion yuan in this capital increase, and intends to increase the registered capital of about 126 million yuan, that is, from 202 million yuan to about 328 million yuan.
Among the top five capital increasers, Changan Automobile intends to increase its capital by 1.36 billion yuan (giving up the right to increase capital in the same proportion), Boyu No. 1 of Boyu No. 1 of Boyu intends to increase its capital by 1 billion yuan, Southern Assets intends to increase its capital by 710 million yuan, Chengyuan Fund intends to increase its capital by 700 million yuan, and Wuhu Xinshi Xinhong intends to increase its capital by 500 million yuan.
After the completion of the capital increase, the shareholding ratio of Changan Automobile was diluted from 48.95% to 40.66%, Boyu No. 1 of boyu no. 1 held 7.71%, Southern Assets held 5.47%, Chengyuan Fund held 5.40%, Wuhu Xinshi Xinhong held 3.85%, Southern Industrial Fund increased from 1.80% to 2.50%, CICC Keyuan Fund held 1.54%, employee shareholding platform held 0.90%, southern industrial intelligent travel fund held 0.85%. Deqing Mixed Reform No. 2 Fund holds 0.77% of the shares.
At the same time, Chongqing Changxin, Nanjing Runke and Liangjiang Chengwei, who participated in the A-round capital increase, did not participate in the current round of capital increase of Changan New Energy, and the shareholdings of participating investors were diluted to 11.08%, 11.08% and 8.20% respectively.
In addition, in the process of this round of capital increase and share expansion, Changan New Energy has set strict screening requirements and standards for the selection of investors, and finally can get the result of over-raising funds of nearly 2 billion yuan, which also shows that the development of Changan New Energy has been fully recognized by investors and is full of confidence in future development.
The new product C385 will be available within the year
In August last year, during the "2021 Changan Automobile Science and Technology Ecology Conference", Changan Automobile released the latest "new car, new ecology" strategy, and also announced a number of heavy "black technology" achievements in the layout of new energy, including a new generation of super-collector electric drive system.
Compared with Changan Automobile's three-in-one electric drive system mass-produced in 2018, the new generation of super-collector electric drive integrates the motor, reducer, motor controller, DCDC, DCAC, DC BOOST, high voltage splitting, AC charging and other multi-functional and deep integration. Compared with the "three-in-one" electric drive system, the volume is reduced by 5%, the weight is reduced by 10%, the power density is increased by 37%, the noise is reduced by 15%, the efficiency is increased by 5%, and the cost is reduced by 17%. Through technological innovation, we will improve the experience of low temperature use in winter and achieve true coverage of the whole scene.
In addition to the release of new technologies, the C385, the first strategic model based on Changan Automobile's new dedicated electric vehicle platform, is also scheduled to be officially launched within the year.
According to known news, the overall shape of Changan C385 adopts the slipback design that is popular with young users at present, and integrates a large number of scientific and technological and sporty design elements. The front face blends into the hood, emphasizing visual integrity, while the ferocious front shovel lowers the visual center of gravity and accentuates the combination of aesthetics and performance.
The side lines are sharp, and the hidden door handles provide better unity. The rear of the body is equipped with through taillights, and the lines are stretched and smooth, which echoes the design of the front face. The visual effect is stunning when lit up. In terms of technology configuration, in addition to the APA7.0 remote unmanned valet parking system, Changan C385 will also be loaded with a new generation of super-collector electric drive, which will help the overall improvement of vehicle performance and low temperature endurance and achieve true full-scene coverage.
Not long ago, Changan New Energy has launched the national investment promotion work of the C385 order center. According to the "E Car Hui", Changan New Energy plans to plan 156 supermarkets/business circle stores in the C385 order center in 48 key cities across the country, and lists another 47 cities as opportunity markets and lays out 47 mini stores. The introduction of the order center in the planned area will be completed by the end of February.
It is worth mentioning that Changan Automobile has also launched a new automobile project codenamed E0, and will adopt a new model to create a future technology leader with users and ecological partners in the future.
summary:
At this stage, Changan Automobile is making every effort to promote the implementation of the new energy "Shangri-La" plan on the basis of the "new car, new ecology" strategy. According to the plan, by 2030, Changan Automobile will achieve annual sales of 4.5 million vehicles, of which new energy products will account for 60%.
With the end of the B round of financing, Changan New Energy will also receive more abundant financial support in the research and development investment of pure electric platform and new vehicles, the construction of a new marketing system, and the research and development of three electric and intelligent fields. While boosting the development of Changan New Energy into the "fast lane", it also adds new weight to the specific implementation of the subsequent launch of IPO listing.