Over the past few years, what kind of situation is the development process of new energy vehicles that are so extraordinary and even can be described by the word wonderful? Those who remain are successful, without exception. Existence is reasonable, but it is also obvious who is moving forward and who is surviving.
When it comes to new car-making forces, we will always unconsciously think of brands such as Ideal, Weilai, Xiaopeng, Nezha, and Zero Run, because they have entered the mainstream market and are still moving forward. However, it is also easy to overlook some new forces that are not so hot, such as Yundu automobile. Recently, it has been reported that the capital chain of Yundu Automobile is broken and is in the midst of water and fire. What is the specifics? Let's take it slow.
"Cut meat" transfer
It was born of an announcement. According to the announcement released by Haiyuan Composite, the company transferred 11% of the equity of Yundu New Energy Automobile Co., Ltd. to Zhuhai Yucheng Investment Center Limited Partnership for a transfer price of 22 million yuan. After the completion of this transaction, the company will no longer hold the equity of Yundu Company.
At the beginning of the establishment of Yundu Automobile in December 2015, the registered capital was 900 million yuan, and the specific shares were Fujian Automobile Industry Group Co., Ltd., which contributed 351 million yuan, accounting for 39% of the shares; Putian State-owned Assets Investment Co., Ltd., which contributed 310 million yuan, accounting for 34.44%; Liu Xinwen, who contributed 140 million yuan, accounted for 15.56% of the shares; haiyuan composite materials, which contributed 0.99 billion yuan, accounting for 11% of the shares.
It can be seen that Haiyuan Composite initially invested 0.99 billion yuan, and now 22 million yuan has been transferred, with a loss of 77 million yuan in about 6 years. Although Haiyuan Composite is the smallest of them, its loss is so large that it can be said that it has shrunk several times. What about the other shareholders? Is it also a serious loss? That's not clear.
However, Xiaobian believes that people who have investment experience, when facing serious losses, most of them will not easily "cut meat", otherwise they will not become "old leeks"? Does the transfer of equity by Haiyuan Composite at this time mean that it has lost confidence in Yundu Automobile?
In addition, in the announcement, Haiyuan Composite also revealed that "the net profit of Yundu New Energy Automobile Co., Ltd. and its subsidiaries in each year is negative, and the loss situation is becoming more and more serious." At present, due to the break in the capital chain, Yundu Company has been in a state of suspension since February 2022. ”
It can be seen that Haiyuan Composite is disappointed in the performance of Yundu Automobile and the current situation. However, soon, in response to this news, Yundu Automobile related people said that the suspension of production is mainly due to battery problems, there is now a supply of goods, is expected to resume production in two months.
Empty with a plan? The product is lagging behind
From this response, the relevant people of Yundu Automobile do not seem to deny the break in the capital chain mentioned by Haiyuan Composite, but only responded to the problem of discontinuation because of the battery problem. So, does this confirm that the rupture of the capital chain of Yundu Automobile is real? Of course, this is just a guess, and the actual situation also depends on the official statement.
In fact, xiaobian is still particularly impressed by the previous planning of Yundu Automobile. In 2020, Yundu Automobile has released a strategic plan to the outside world, promising to rank among the top three domestic pure electric vehicle brands in 2025. Time has passed 2 years, and today's Yundu automobile is in deep trouble.
To be the top three domestic pure electric car brands, what do you rely on? Is it by courage? Of course not. Product is king, it is still a brand's eternal development. Looking at the entire new car-making force market, such as Xiaopeng, Weilai, Nezha, etc., which one is not continuing to expand the product lineup, the most convincing is Xiaopeng and Nezha. Among them, since the launch of Nezha V, after the product matrix continued to strengthen, sales began to sing all the way, from the second gradient of the new forces of car manufacturing to the first gradient, relying on the product force matrix and the improvement of product force.
Although Yundu Automobile has set a grand goal, after a lot of bold words, there is no obvious action. The product matrix has not been increased, only for the existing products to adjust, the fame can not be played, it will not help. Of course, product is one of the key factors, and the lack of product quality, brand service and marketing has also led to the continuous downturn of Yundu Automobile.
Not optimistic performance
And now investors "cutting meat" to clear their positions is a big crisis signal. Looking back at the development process, Yundu Automobile at that time had a chance. In 2017, Yundu listed the first model π1, and in 2018, it immediately launched π3, and both of them had a comprehensive endurance of more than 400km at that time, which was still very competitive at the time. In fact, sales at that time were not bad, with sales reaching 9,300 units in 2018, which is good for the new car-making forces.
However, the popularity of Yundu automobiles did not continue, and in 2019, Yundu began to slump, and sales continued to decline. Between 2017 and 2021, the cumulative net loss of Yundu Automobile also reached 827 million yuan, which was 95 million yuan, 138 million yuan, 177 million yuan, 204 million yuan and 213 million yuan, respectively. What is quite regular is that the amount of yundu automobile's net loss is increasing year by year, and it seems like a spell that cannot be broken.
Among them, there are also traces to follow, the core shareholders of Yundu Automobile are changing, and the executives are leaving, and at the same time they have encountered subsidies, coupled with the lack of contention of their own products, the quality of products and product competitiveness have gradually appeared, and various influencing factors have emerged one after another, which has finally led to today's embarrassing situation.
Electric EV: After the big wave, all that is left are the winners
Many new car-making forces have survived the subsidies, survived the epidemic, and survived the shortage of chip supply. Unexpectedly, now that the epidemic is repeated and non-stop, it has also affected the production plans of many manufacturers, and Yundu Automobile may be one of them. Compared with the mainstream car-making new forces, the volume of Yundu Automobile is obviously much smaller, giving people a feeling of lingering.
Therefore, every time I see the relevant dynamics of Yundu automobile, Xiaobian will always have a thought in his mind, can Yundu survive this time? When will I really be able to make some achievements? Of course, we hope that every new car-making force can bring vitality to China's new energy vehicle market, and we should also respect every new car-making force that survives, because after the big wave of sand, those who remain are successful.