Internet Info Agency2019-07-31 15:24:43加关注
Recently, Zhang Baolin, president of Changan Automobile Co., Ltd., no longer serves as the legal representative of Jiangling Holdings Co., Ltd. (JMCG)
导语1. Aiways increases capital for JMCG
Recently, Zhang Baolin, president of Changan Automobile Co., Ltd., no longer serves as the legal representative of Jiangling Holdings Co., Ltd. (JMCG), and will be replaced by Xu Jun, co-president of Aiways. This change indicates that Aiways officially completed the capital increase of JMCG and obtained the qualification for making cars of JMCG.
The capital increase and share expansion will be carried out in cash. Aiways plans to increase its investment by 1.747 billion yuan, of which 1 billion yuan is included in the registered capital, 747 million yuan is included in the capital reserves, and Aiways has also paid a deposit of 300 million yuan.
After the completion of this capital increase, the registered capital of JMCG will increase from 1 billion yuan to 2 billion yuan. Aiways will hold 50% of JMCG shares, while the proportion of both Changan and JMCG will be reduced from 50% to 25%.
2. BORGWARD’s investor changed to Shenzhou UCAR
Recently, a number of business information of Beijing BORGWARD Automobile Co., Ltd. (hereinafter referred to as BORGWARD) has changed. Lu Zhengyao, the chairman of Shenzhou UCAR, officially became the chairman of BORGWARD. Shenzhou UCAR (Xiamen) Information Technology Co., Ltd. became a new investor, replacing the original investor Changsheng Xingye (Xiamen) Enterprise Management Consulting Co., Ltd.
As early as March of this year, Shenzhou UCAR purchased a 67% stake in BORGWARD from Changsheng Xingye for a price of 4.1 billion yuan and became the direct controlling party of BORGWARD.
3. Hyundai transforms its Chongqing plant into EV plant
It is reported that in order to revive its declining China business, Hyundai is transforming its factory in Chongqing, China into an electric vehicle factory. Due to the continued sluggish demand in the Chinese market, Hyundai Motor is struggling in the Chinese market.
Hyundai has begun to renovate the production line of the No. 5 plant in Chongqing for the production of electric vehicles and some fuel vehicles. And Hyundai plans to increase the production of electric vehicles. In addition, Hyundai is also making major adjustments to its Beijing plant to increase the production of plug-in hybrid vehicles.
Hyundai's transformation of Chongqing No. 5 plant into an electric vehicle plant is a strategy to significantly reduce the capacity of the plant. Hyundai will rely on Chongqing No. 5 Plant and Beijing No. 2 Plant to produce new energy vehicles to meet China's Parallel Administrative Measures for Passenger Vehicle Corporate Average Fuel Consumption (CAFC) and New Energy Vehicle (NEV) Credits, known as CAFC+NEV “dual credit” scheme.
4. Since 2023, the Tesla Shanghai plant will pay US$324 million in taxes annually to China.
It is reported that US electric vehicle manufacturer Tesla said in a document that the company is confident of achieving the tax target set by China for the Shanghai super factory.
In a recent filing with the US Securities and Exchange Commission, Tesla agreed to pay RMB 2.23 billion yuan ($342 million) in taxes annually to China from 2023. The company promises that its annual sales revenue will be no less than RMB 75 billion yuan.
Despite the intensified competition in the Chinese electric vehicle market, according to the latest data provided by Tesla, the company's sales data in China is still optimistic. In the first half of this year, Tesla's sales in the Chinese market reached $1.47 billion, an increase of 41.8%. China remains Tesla's second largest market in the world.
