Wei Lai Li Bin: The coolest person in the first half of 2020?

On the one hand, it is the negative entanglement of Bojun, Lindsay, Baiteng and other car companies, on the other hand, the rapid development of Weilai after 2020, and on the other hand, the accelerated elimination of new car-making forces, and the polarization is becoming more and more obvious.

On July 10, Weilai China and six banks, including China Construction Bank Anhui Branch, held the signing ceremony of Weilai China Bank-enterprise strategic cooperation. According to the strategic agreement, the six banks signed this time will provide comprehensive credit of RMB/kloc-0.04 billion to Weilai China to support the operation and development of Weilai's business in China.

Not only is the money bag bulging, but the delivery volume of Weilai is also increasing steadily, which directly leads to the rapid rebound of Weilai's share price. As of July 9, local time in the United States, Weilai Automobile closed at 14.57 USD/share, up by nearly 90% from 7.72 USD/share at the end of June, and its market value exceeded1620 million USD.

Six months later, Li Bin has taken off his worst hat, so it can be said that he has become the coolest person in the automobile circle? Not necessarily, problems such as insufficient product lines, insufficient channels, and the departure of core members are still a sharp knife hanging over Wei Tou. A little carelessness will still make Wei Lai fall into a state of perdition. But at least for Wei now, the entry of a large sum of money has solved Wei Lai's urgent need, and it is worth looking forward to the extent to which Wei Lai, a 6-year-old "child", can be trained.

Half a year's financing exceeded 654.38+0 billion.

Let's invest six months ago now. 20/kloc-end of 0/9, March this year; Weilai Automobile warned twice that the cash is not enough to support the working capital and liquidity needed for the continuous operation in the next 12 months. As for the date of 2019; 12; 3 1; The account book of Weilai Automobile has the following contents.

At that time, Weilai was struggling. The first mass production model ES8 was recalled, and the sales of ES6 were also affected. The stock price also fell to freezing point, approaching the delisting red line. Even the public opinion watched Wei Lai's jokes almost one-sidedly, and Li Bin became the worst man in the 20 19 media. ...

However, after entering 2020, although the global economy has been affected by the epidemic, Weilai suddenly turned over like an open door. In February and March, it raised a total of $435 million. In the agreement signed with Hefei in April, strategic investors will invest 7 billion yuan in Weilai China and 4.26 billion yuan in Weilai China (4.8 billion yuan for strategic investors and 2.556 billion yuan for Weilai). , with a total capital injection of 7.356 billion yuan), it issued about 500 million US dollars in June.

On July 10, Weilai China held a signing ceremony for strategic cooperation between banks and enterprises with China Construction Bank Anhui Branch, China Industrial and Commercial Bank Anhui Branch, China Bank Anhui Branch, China Agricultural Bank Anhui Branch, Industrial Bank Hefei Branch and China Merchants Bank in Weilai China. According to the agreement, the six banks signed this time will provide comprehensive credit of 654.38+004 billion yuan to Weilai China to support the operation and development of Weilai's business in China. The agreement also includes cooperation between Weilai China and various banks in business areas such as enterprise account system construction, supply chain finance and auto finance.

So far, Weilai has completed nearly 935 million US dollars (about 6.5 billion yuan) financing this year, which is 4.8 billion yuan paid by strategic investors according to the plan on June 29. Weilai has accumulated 654.38+065.438+03 billion yuan in financial support in more than half a year.

Delivery volume, stock price soared.

Not only the capital level, but also the delivery volume of Weilai is rising against the trend. Since March this year, the delivery volume of Weilai Automobile has increased for four consecutive months. The latest data shows that in June this year, * * * delivered 3,740 vehicles, up 179. 1% year-on-year. In the second quarter of this year, Weilai Automobile * * * delivered 65,438+003,365,438+0 vehicles, up 65,438+090.8% year-on-year and 65,438+069.2% quarter-on-quarter. For the first time, it delivered over 10,000 vehicles in a single quarter, exceeding the 9,500 vehicles announced in the previous financial report, reaching 65,438+069.2%.

With the opening and delivery of Weilai EC6 in September this year, Weilai's delivery volume is expected to increase further. Don't forget, although the state's subsidies for new energy vehicles have further declined this year, there is no subsidy for more than 300,000 models, but due to the "power-changing" characteristics of Weilai models, the subsidies have been retained.

That's not all that makes Li Bin happy. Affected by the double benefits of financing and delivery, the share price of Weilai Automobile has also been rising. As of July 9, local time in the United States, Weilai Automobile closed at $65,438+04.57 per share, up nearly 90% from $7.72 per share at the end of June.

Specifically, the market value of Weilai has now exceeded 654.38+062 billion US dollars, ranking fifth in the market value list of listed car companies in China, second only to BYD, SAIC, Geely Automobile and Guangzhou Automobile Group, and almost equivalent to two-thirds of the car giant Ford.

Only solve the urgent need

Only after half a year, Li Bin is qualified to be called the coolest man in the new army of car-making in the first half of this year, but Li Bin is far from laughing.

The first thing to bear the brunt is Weilai's defects in the product line. After Weilai ES8 and Weilai ES6 SUVs, NIO last year? The EC6, the third production model of Weilai released on the same day, is still an SUV. It will take some time to be fully deployed in the car, SUV, pickup truck and truck markets like Tesla.

In addition, Weilai, which has entered the sixth year, has not only failed to make a profit, but also suffered the highest loss in China. According to statistics, Weilai Automobile suffered a loss of 20112.95 million yuan, making it the most serious automobile enterprise in 20 19. The continuous negative gross profit margin of the automobile business, which accounts for 94% of the total revenue, is the main reason for Weilai's "selling thanks to more". Based on the sales volume of 20,565 vehicles in Weilai 20 19, it is equivalent to "a loss of 540,000 yuan for every vehicle sold".

Under such circumstances, Weilai China settled in Hefei, shouldering the heavy responsibility of building a leading industry with an output value of 100 billion yuan in five years, accelerating the development of Hefei new energy automobile cluster and leading Anhui new energy automobile industry into the first phalanx in China.

At the same time, Weilai's "elders" are gradually withdrawing. On June 1 this year, Zhu Jiang, a veteran of Weilai Automobile, joined Ford Motor Company as the project leader of pure electric MACH-E. Zhu Jiang and Weilai Automobile have worked hand in hand for three years, mainly responsible for Weilai's customer operation business. As the leader of Weilai Automobile's "user plate" with great advantages, Zhu Jiang's departure may have a certain impact on Weilai's user development and brand marketing.

In addition, another senior executive, Huang, also announced his resignation from Weilai Automobile in March this year. In March of 20 15, weilai automobile, which was established less than half a year at that time, welcomed Huang's joining. After joining Weilai, he was responsible for Weilai's vehicle development, autonomous intelligent driving technology research and development, and power engineering. These are the core businesses of the new automobile manufacturing company, especially the three electric systems.

Previously, Zheng Xiancong, co-founder of Weilai Automobile, Li Zhuang, vice president of software development (China), and Xie Dongying, CFO, also left their posts. In addition to internal executives, Gao Yan Capital, an important investor of Weilai Automobile before its listing, also left at the end of 20 19.

At this point in time, Li Bin's situation is far from "cool", and Wei Lai's situation, as he said in his recent appearance, is just "transferred from the intensive care unit to the general ward". However, for He Wei, with the support of capital, Wei Lai's future is gradually becoming clear.

This article comes from car home, the author of the car manufacturer, and does not represent car home's position.