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Sudden! Three new forces of car building! Another 200 million US dollars will be

Source:Editor in charge:View:Date:2021-02-26【

After Tesla was cleared by jinqiaoshui, the world's largest hedge fund, Weilai, ideal and Xiaopeng, new auto makers listed in the US stock market, were also cleared by institutional high-level capital. Recently, hillhood capital announced its position in US stocks as of the end of the fourth quarter of 2020 at the US Securities and Exchange Commission (SEC). According to the data, hillhood capital holds 95 stocks in the US stock market, with a total market value of US $12.578 billion. In the fourth quarter, hillhood reduced its position in about 30 stocks. In contrast, in the fourth quarter of 2020, highland capital cleared all shares of Alibaba, as well as ideal automobile, Xiaopeng automobile and Weilai.


        By the end of the third quarter of 2020, the total market value of Hillhead's position in the three new car building forces, including ideal auto, is US $100 million. As of December 31, 2020, the stock prices of ideal automobile, Xiaopeng automobile and Weilai have increased by 66%, 113% and 130% respectively compared with the end of the third quarter of 2020. It is understood that highland capital is an early investor of Xiaopeng automobile and one of the subscribers of ideal automobile IPO. Previous data showed that as of the end of the third quarter of 2020, Hillhead capital held about 1.6 million shares of ideal automobile, 2.41 million shares of Weilai automobile and 900000 shares of Xiaopeng automobile. As of the end of the fourth quarter of 2020, hillhood capital no longer holds equity in three new energy vehicle companies.

        Hillhead capital is an investment company focusing on long-term structural value investment, founded by Mr. Zhang Lei. At present, it has developed into one of the largest investment funds in Asia. On November 16, 2019, Hurun Research Institute released the list of top 100 Unicorn active investment institutions in the world in 2019, and Hillhead capital ranked 15th.

        However, in the new energy sector, Hillhead capital has not completely separated itself. Instead, it has invested in Longji, Tongwei, Ningde times, Enjie and Xinyi energy in the A-share market. It is relatively concerned about new materials and batteries in the middle reaches of the new energy industry chain.

        Recently, according to a source, the three new forces of car manufacturing have just cleared their positions and invested US $200 million to participate in the latest round of private placement of BYD shares. It is reported that this purchase, Hillhead capital intends to participate in the subscription with a higher amount, but it has not received a positive response from BYD, and is finally determined at $200 million.

        However, BYD shares (01211. HK) said it would not comment on the news that it had previously reported that it was involved in a fixed increase of $200 million. Before that, Zhitong finance and Economics said that Hillhead capital planned to participate in the subscription with a higher amount, but it did not receive a positive response from BYD, and finally determined to be $200 million.

        Despite the reduction of shares, the sales volume of the three cars in 2021 has made a good start. Among them, Weilai automobile delivered a total of 7225 new cars in January 2021, a year-on-year increase of 352.1%, reaching a new high in single month delivery for six consecutive months; Xiaopeng automobile delivered 6015 new cars in January, a year-on-year increase of 470%, a year-on-year doubling for seven consecutive months, the best delivery performance in history for the third consecutive month; ideal automobile delivered 5379 new cars in January, a year-on-year increase of 355.8%.

        Compared with Weilai automobile, ideal automobile and Xiaopeng automobile, the first echelon of the new force of car making listed in the United States, Weima automobile, which wants to be listed on the domestic science and technology innovation board, has good news before the Spring Festival. On February 9, Weima automobile announced that it had reached a strategic cooperation agreement of 11.5 billion yuan with a number of banks and financial institutions.

        Among them, the first 3.5 billion yuan credit from Shanghai syndicate has been signed, and the fund will be mainly used for the operation and layout of Weima automobile in terms of products and user services. The above-mentioned syndicate is led by Shanghai Pudong Development Bank, and its lineup includes 11 powerful banks, including industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China Merchants Bank, Bank of Shanghai, Huaxia Bank, Shanghai Rural Commercial Bank, industrial bank and Dafeng bank. The 10 billion credit line has enriched Weima's capital. As of October last year, nine enterprises, including Evergrande, Geely, Dongfeng, Weima, Zero run, Tianji, Nezha, Aichi and singularity, have announced their plans to land on the science and technology innovation board in 2021, and many of them have launched the listing guidance of the science and technology innovation board.

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