Jia Yueting and so on came the second "White Knight" after Sun Hongbin. Let's take a look at the related content with the car electronics editor.
According to Tencent’s “First Line†report, Xu Jiayin, chairman of Evergrande Group, has confirmed that he has invested in Jia Yueting’s FaradayFuture (Faraday Future, hereinafter referred to as “FFâ€) and established a dedicated automobile team.
A close-know insider said that Evergrande's Hong Kong-based fund invested in FF offshore companies registered in Cayman at the end of 2017, with an investment of about $300 million. At the time, the valuation of FF was only 1.5 billion. If calculated, Evergrande may hold FF's 20% stake in Cayman.
It is also reported that Jia Yueting has given up the status of FF major shareholder, Evergrande Group has become the largest shareholder of FF, and Jia Yueting has given the status of major shareholder the condition of “locking FF CEO for 15 yearsâ€.
In this way, Jia Yueting sold the "dream", and Evergrande only spent 300 million US dollars.
According to the above-mentioned sources, the consortium represented by Evergrande Group paid the US$100 million in FF accounts before and after signing the investment agreement to help the FF tide over the difficulties.
"Hengda's investment is life-saving, otherwise FF may face bankruptcy." The person familiar with the matter said.
It seems that the news that FF was financing at the end of last year was not a smoke bomb released from the outside, but it did. However, Jia Yueting only announced the news at the internal staff meeting, and the external disclosure was waited until February of this year, the first global supplier conference of FF. At that time, Jia Yueting announced that Faraday would receive 1.5 billion US dollars in financing. Meet the equity financing needs before the IPO, and promise to deliver the first mass production car by the end of 2018.
Just last week, Rui Chi Smart Car (Guangzhou) Co., Ltd., an affiliate of FF Electric Vehicles, took a commercial land of more than 600 acres in Guangzhou Nansha Bonded Port Area for a price of 364 million yuan, which will be used for the assembly of pure electric vehicles. It is planned to start construction and construction within one month from the date of land transfer, and it will be completed and put into operation within 24 months. The current employees of LeTV Auto (Beijing) Co., Ltd. have all been compiled into FF China.
The location of the land acquired by FF
According to Tencent's "First Line" report, Xu Jiayin did not rule out the possibility of helping FF related company Ruichi Automobile to acquire land in Guangzhou.
Evergrande as a real estate giant, the real purpose of investing in FF is still unknown.
In 2016, Evergrande won the property development right of Longhua Land through the acquisition of Jianye Chemical through 2 billion yuan. The land period is 50 years, and then it will be developed as a real estate renovation project.
The failure of Blue Giant and Sunac was first, and now anyone who wants to pick up Jia Yueting’s disk is an adventure. But it is undeniable that countless people have squandered the FF and have not lost their competitiveness in the capital market.
This is also related to the big environment. After all, FF is still a bit famous in the car industry. In today's call for the return of manufacturing, it is easy to take advantage of the policy welfare. The previous "Picture Man" Blue Giant and Sunac, the background is self-evident.
In 2016, LeTV's “Auto City†cake in Deqing, Zhejiang Province, received strong support from the local government at the time, and also held a launching ceremony in the Great Hall of the People in Zhejiang Province. The same was true in Guangzhou. Tencent’s prism According to the report, the source disclosed that the plot has been given to the Ruichi Automobile. Within 5 minutes of the auction, Ruichi Automobile successfully auctioned the bid with a reserve price of 364.1 million yuan.
Le Shi Deqing Automobile Eco-City, which is now unfinished
With the support of Xu Jiayin (Hengda Group) and policy, Jia Yueting’s dream of building a car has a tendency to return to life.
At present, the biggest problem is that Jia Yueting, a "bad spot" in the eyes of investors and retail investors, has long been overdrawn.
Last year, FF repeatedly sent out financing news, and the investment subject also exchanged for it, from Alibaba to "Little Superman" Li Zezhen, but later it was gone, these farce were also interpreted by the outside world as the obstacle to Jia Yueting's "spoofing" investment.
Judging from the current situation, FF has always been on the verge of bankruptcy, and the capital chain may break at any time.
Mass production is also nowhere in sight. Tencent's "First Line" reported that the FF US factory is still in a state of renovation, and it is still unknown when it will be put into production.
Also at the end of the year, Jia Yueting was included in the list of people who had been untrustworthy and became the "Lai Lai". His wife, Gan Wei, who was returning to China to deal with the debt problem, is now treated the same. This is bound to be no small drag on the future development of FF in China.
There are still many problems in front of Jia Yueting and Xu Jiayin, but at least for now, it seems that the FF, which takes money and takes the land, has taken a step forward from “suffocating for the dreamâ€.
A power inverter, or inverter, is a power electronic device or circuitry that changes direct current (DC) to alternating current (AC).The resulting AC frequency obtained depends on the particular device employed. Inverters do the opposite of "converters" which were originally large electromechanical devices converting AC to DC.
On Grid Solar Inverter,On Grid Hybrid Solar Inverter,Hybrid On Grid Inverter,Havells On Grid Solar Inverter
NANTONG RONGCHANG IMPORT&EXPORT CO.,LTD , https://www.ergsolarcn.com