On the evening of July 2, Cialis announced that its holding subsidiary, Cialis Automobile, intends to acquire 919 registered or applied series of word and graphic trademarks held by Huawei Technologies Co., Ltd. and its affiliates, as well as 44 related design patents, with a total purchase price of 2.5 billion yuan. Cialis said that the transfer of goods and brand assets will not affect the existing cooperation business between the two sides, and the two sides will further deepen the cooperative relationship.
In this regard, Huawei responded to the 21st Century Business Herald reporter: "Huawei will transfer a series of trademarks such as Wenjie to Cialis, and Huawei will continue to support Cialis to create and sell a good Wenjie." Huawei has always insisted on not building cars, but using leading intelligent and connected vehicle technologies to help car companies build and sell good cars. Huawei will continue to work with car companies to create excellent smart car products for users and provide the ultimate smart travel experience. ”
It is reported that after the trademark transfer, the current cooperation model between Huawei and Cialis will not be affected, and the two sides have also signed a "Further Deepening Joint Business Cooperation Agreement", which will not affect the service to consumers. At the same time, Huawei's HarmonyOS solution will not change, and the cooperation with other smart partners will not be affected. Next, Huawei will also launch more Hongmeng Zhixing products, including the Xiangjie S9 cooperated by Huawei and BAIC.
After 4 years of loss in investing in new energy vehicles
Cialis achieved a turnaround in the first quarter
On April 29, Cialis announced its 2023 annual report and 2024 first quarter report, with operating income of 35.842 billion yuan in 2023, a year-on-year increase of 5.09%, and a net profit of -2.450 billion yuan.
The operating income in the first quarter of 2024 was 26.561 billion yuan, an increase of 421.76% year-on-year and 38.61% month-on-month, and the net profit attributable to shareholders of listed companies was 220 million yuan, an increase of 845 million yuan over the same period last year. The non-net profit was 114 million yuan, an increase of 1.038 billion yuan over the same period last year.
It is worth noting that since 2016, Cialis has continued to invest in the research and development of smart electric vehicles on a large scale for eight consecutive years, and after four years of losses, it will achieve operating profit in the first quarter of 2024. In the first quarter, the sales of new energy vehicles reached 94,800, a year-on-year increase of 374.77% and a month-on-month increase of 14.66%, and the sales of new energy vehicles in a single quarter hit a record high. The sales volume of the new M7 increased, the scale effect was accelerated, and the gross profit margin of the product was increased to 21.5% by efficient internal management.
The reporter noted that Cialis also threw out a major asset restructuring plan, planning to purchase 100% of the shares of Longsheng New Energy held by Chongqing Industrial Investment Fund of Funds Partnership (Limited Partnership), Chongqing Liangjiang New Area Development and Investment Group Co., Ltd., and Chongqing Liangjiang New Area Industrial Development Group Co., Ltd. through the issuance of shares.
According to the acquisition announcement, Longsheng New Energy's main business is to provide production leasing services for new energy vehicle factories. As of the signing date of this plan, Longsheng New Energy's main asset is the super factory, which is mainly used for the production of new energy vehicle products such as AITO Wenjie M9 series.
On the one hand, it can greatly increase the asset scale of the listed company, and the new investment of the original shareholders of Longsheng New Energy will cover the debt of the target company, and the debt of the listed company will not be increased after the completion of the acquisition, so as to reduce the asset-liability ratio of the listed company, optimize the capital structure and enhance the ability to resist risks; On the other hand, listed companies do not need to pay additional rent, which can significantly reduce the annual operating cash outflow, and the saved funds can be further used for daily R&D and production activities.
Cialis also said that after the completion of this transaction, Chongqing state-owned shareholders will become important investors in the company, which can further reflect the key support of state-owned capital for Chongqing's new energy vehicle representative enterprises, promote listed companies to play a leading role in the main chain of enterprises, and lay favorable conditions for the follow-up supply chain improvement and industrial resource coordination.
According to the annual report, in 2023, Sailis will successively launch the AITO M5 intelligent driving version, the new M7 and M9, and the annual sales and operating income of new energy vehicles will reach a record high. According to the statistics of the three parties, AITO Wenjie ranked sixth in the sales list of luxury brands in the Chinese market in December 2023.
As of the close of trading on July 2, Cialis reported 89.98 yuan per share, with a total market value of 135.9 billion yuan.
Source: 21st Century Business Herald